Verge Projects
Your custom home and development builder.
🔨Residential Construction
👷🏻‍♂️DB-U License
📍Servicing Melbourne, Inner East & Bayside
20/02/2026
Modern elegance meets bold design in our latest custom home build in Camberwell.
This striking double storey residence showcases slim bricks that create a refined, contemporary facade, anchored by a statement piece curved brick column that commands attention from every angle.
Clean lines, considered detailing, and timeless materials come together to deliver a home that’s both sophisticated and enduring.
As always, a big thank you to all trades, consultants & suppliers involved 🙏
Designed by .studio_architecture
Built by
02/06/2025
Part 4 // Breaking Down the Costs
🏗️ Construction Development Cost Breakdown
(Residential or Multi-Unit Projects)
1. Land Costs – 30–50%
• Purchase Price of land
• Stamp Duty
• Legal Fees
• Land Holding Costs
⸻
2. Construction Costs – 40–60%
• Site Preparation (demolition, excavation)
• Foundation & Structure
• Framing, Roofing, Cladding
• Internal Fit-Outs (plumbing, electrical, flooring, joinery)
• External Works (driveways, landscaping, fencing)
⸻
3. Planning & Design Costs – 2–10%
• Architectural & Design Fees
• Engineering Reports (structural, civil, etc.)
• Planning & Permits
• Surveying
• Energy Ratings
• Town Planning Consultant (if applicable)
⸻
4. Regulatory Costs – 1–3%
• Council Contributions
• Building Permit Fees
• Environmental Reports or Approvals
• Developer Contributions
⸻
5. Finance Costs – 3–7%
• Loan Interest
• Bank Fees & Charges
• Valuation & QS Reports
⸻
6. Contingency – 3-5%
• For unexpected overruns or design changes
• Varies by project complexity & risk profile
This is a general guide only - every project is unique. The information provided is NOT financial advice.
30/03/2025
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Melbourne, VIC
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