Cost Guide
Townhouse Development Costs in Australia
A complete cost breakdown for residential townhouse and multi-unit development projects — from feasibility to practical completion.
Construction Cost Per Dwelling
Standard Townhouse
$350,000 – $500,000
170–220m² per dwelling
Quality finishes, 3–4 bed, 2 bath, single garage
Most Common
Premium Townhouse
$500,000 – $700,000
220–280m² per dwelling
High-end finishes, 3–4 bed, 2.5 bath, double garage
Luxury Townhouse
$700,000 – $1,000,000+
280m²+ per dwelling
Designer finishes, 4 bed, 3 bath, full lift option
Total Project Cost Breakdown (4-Pack Example)
Construction cost (4 x $450k)
Fixed-price build contract
$1,800,000
Land (suburban block ~800m²)
Varies significantly by location
$800,000 – $1,500,000
DA / town planning fees
Architect, planners, council fees
$20,000 – $50,000
Demolition (if applicable)
Existing dwelling removal
$15,000 – $40,000
Civil works & services
Roads, drainage, utilities
$40,000 – $80,000
Strata / subdivision
Survey, titles, registration
$15,000 – $30,000
Finance & holding costs
Construction loan interest, fees
$80,000 – $150,000
Selling costs
Agent fees, marketing, legals
$60,000 – $120,000
Important: Development feasibility depends heavily on end sale values relative to total costs. We strongly recommend a full feasibility analysis before committing to any development project. Our consultants provide this as part of our free service.