Good news if you are wanting to update or extend your home...
With demand cooling, the big price jump experienced in building costs in the early 2000's has plateaued or only increased slightly.
More good news, Adelaide is one of the cheapest places in Australia in terms of building. A full brick quality home in Adelaide of 150-350sqm costs $2,080/sqm approx, while in Brisbane, the most expensive to build to this standard is $3,240/sqm. That is a whopping 55% more!

We at JGRE have experienced a huge start to Spring, after a flat but steady Winter. Buyer interest and attendance at opens is up, which is concrete (excuse the pun!) confirmation of a Westpac report stating home buyer sentiment ('When is the time to buy a dwelling') surged by 9.6% in October.