Morley

Building in Australia – Rising Construction Costs

As you plan your future home, understanding the current economic landscape is crucial. Recent reports, including an insightful article from ABC News, highlight a significant rise in construction costs due to various global and local factors, including the aftermath of COVID-19, supply chain disruptions, and ongoing geopolitical tensions.

Key Points from the Article:

  • Construction materials and labour costs are experiencing unprecedented hikes.
  • External factors such as volatile exchange rates and global conflicts have exacerbated these increases.
  • Despite these challenges, the rate of cost increase is beginning to stabilize, although skilled labour shortages continue to drive prices.
Read the full article here

Why Build Now?

The timing to start your construction project is now more important than ever. At Blue Horizon Projects, we offer fixed price agreements that protect you from future cost escalations. This means, despite the fluctuating market, the price we agree upon is the price you will pay, ensuring your budget is secured against any unforeseen increases. Choosing to build now with Blue Horizon Projects not only secures your investment but also capitalizes on current market conditions before further escalations. Our approach is designed to maximize your value, ensuring a transparent and trustworthy building process. We understand that planning a build is a significant decision, and we are here to ensure that your investment is timed perfectly to benefit from current market conditions while safeguarding against future uncertainties. Thank you for considering Blue Horizon Projects as your trusted partner in building your future. We are committed to delivering not just a house, but a place you proudly call home.

Are you planning on building a new home?

Discover all you need to know before you start designing your forever home. We unlock the secrets to guarantee a stree free building experience.