Construction costs named biggest challenge for developers - Centuria Bass survey
Findings from the inaugural Centuria Bass2024 Australian Property Development and Finance Indexrevealed construction costs are the number one issue for Australian developers.
Australia’s construction costs continue to rise at record rates
CoreLogic Research Director Tim Lawless said while the rising cost of construction was not new, the persistent increase in construction costs would continue to have a big impact nationally. CoreLogic Construction Cost Estimation Manager, John Bennett, said the Cordell costings team were...