QUANTITY SURVEYOR’S ESTIMATE·REF: EST-2026-CAULFIELDPriced

Residential — Alterations & Additions (Caulfield South)

Caulfield South VIC, Caulfield South VIC 3162 · LGA: Glen Eira

VALUATION BASE

melbourne-metro · vic-metro/2026-Q3

Report Date: 06 Aug 2026

Building Type

Residential — Alterations & Additions

Gross Floor Area

224 m²

Storeys

2

Trades Measured

24

Priced Line Items

181

Total Ex GST

$1,442,427

Executive Cost Summary

SECTION 1
Item / Cost StageAmount (AUD)
Net Subcontractor & Trade Cost$1,182,317
Builder’s Margin & Overhead$177,348
Design & Estimating Contingency$82,762
TOTAL ESTIMATED COST (EX GST)$1,442,427
Goods & Services Tax (GST)$144,243
TOTAL ESTIMATED COST (INC GST)$1,586,670

Gemini AI QS Advisor & Scope Auditor

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BENCHMARK SANITY CHECK·AIQS / Rawlinsons 2026 Bands

Market Cost $/m² Validation

▲ Above standard market band (+9%)

Project Rate (Ex GST)

$6,442/m²

Based on 223.9 m² GFA

Observed Market Band

$1,455 – $5,909

Typical: $2,364/m² (VIC)

Trade Subcontractor Rate

$5,281/m²

Excludes builder margin & contingency

Building Classification

residential_alts

MELBOURNE METRO

$1,018Benchmark Band: $1,455 – $5,909/m²$7,682
Low ($1,455)Typical ($2,364)High ($5,909)
This Estimate: $6,442/m²(Premium / Complex)

Sanity Observations & Variance Flags

warn$6,442/m² ex GST sits outside the observed 2026 market band of $1,454.545–$5,909.091/m² for residential alts. Check GFA and the major trade quantities.
infoTrade cost $5,281/m² is outside the $2,500–$3,500/m² band. Note published figures vary by basis — confirm like-for-like before acting on this.
infoSubstructure is 3.0% of trade cost against a 9.9% benchmark. Worth checking for a missed or double-counted item.
infoSuperstructure is 27.8% of trade cost against a 38.0% benchmark. Worth checking for a missed or double-counted item.

Elemental Trade Cost Breakdown

Subcontractor baseline vs Standard QS distribution
Preliminaries$109,606
Actual: 9.3%Target: ~8.7%
Substructure$35,576
Actual: 3.0%Target: ~9.9%
Superstructure$328,131
Actual: 27.8%Target: ~38.0%
Finishes$194,953
Actual: 16.5%Target: ~17.1%
Fittings$110,642
Actual: 9.4%Target: ~9.2%
Services$85,945
Actual: 7.3%Target: ~12.9%
External$12,597
Actual: 1.1%Target: ~4.2%
Sources: AIQS Building Cost Index 2026 · Rawlinsons Australian Construction Handbook · Pekaj Group VictoriaUpdated Q1 2026

Condition Triggers & Project Specifics (6)

Two or more storeys require a full perimeter scaffold

At two storeys and above the work platform exceeds 4m, which mandates a licensed scaffold with a working deck per level rather than trestles. Scaffold face area is perimeter × wall height × storeys, so a double-storey job carries roughly double the scaffold area of a single-storey job of the same footprint, plus a longer hire period.

Two or more storeys require suspended floor structure and a stair

Suspended floor framing, floor insulation and a stair only exist above one storey. Two-storey construction adds 15–20% to the base rate per m², covering these plus the additional steel and more complex structural engineering.

Precast, portal frame and truss erection require a crane

Panel and portal erection cannot proceed without lifting plant.

Renovation requires protection of retained structure and finishes

Work adjacent to occupied or retained fabric carries protection, propping and make-good costs that do not exist on a greenfield build. Make-good is the line item most often missed in renovation estimates.

Pre-1990 buildings require a hazardous materials survey

Asbestos and lead paint must be identified before demolition on any building that predates 1990. The survey is priced; removal is normally excluded and carried as a provisional sum because the extent is unknowable until the survey is done.

Lightweight wall systems allow a reduced footing design

A wall system under half the dead load of brick veneer can permit a lighter slab and footing design on reactive clay. On Melbourne Class H sites this saving frequently exceeds the panel premium — worth checking against the structural engineer before assuming the brick footing design.