Hidden Costs of Building a House in Australia in 2021

Ahoy! I’m Tian and I'm breaking down the 7 biggest hidden costs of building a house in Australia. There are many (many!) more costs involved but these 7, in my opinion, can amount to a decent chunk that you may have not accounted for in your budget.

The hidden costs of building a house in Australia are below, in no particular order:

1) Lenders Mortgage Insurance (LMI)
2) Site works
3) Construction Conditions (dependent on your location)
4) Variation Costs
5) Landscaping
6) Pre-start
7) Third-party building inspector

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Intro music: Matthew Nunes