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  • Corelogic

Australia’s construction costs continue to rise at record rates

Updated: Oct 10, 2022


According to the national CCCI, residential construction costs increased by 11.0% over the 12 months to September, exceeding the 10% annual rise recorded over the 12 months ending June 2022, while the quarterly figure of 4.7% was higher than the previous quarterly figure of 2.4%. The most recent quarter’s figure was also above the 3.8% surge recorded over the three months to September 2021 when lockdowns were having a more significant impact on domestic supply chains.


continue reading the original full article at https://www.corelogic.com.au/news-research/news/2022/australias-construction-costs-continue-to-rise-at-record-rates





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