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International building firm invests in Canberra

By Amy Birchall - 20 March 2015 39

sekisui house display home wright

Canberra home buyers will have greater choice when it comes to selecting a builder from this weekend, with Japan’s largest homebuilder, Sekisui House, opening its first ACT display home in Wright today.

The display home was officially opened by Chief Minister Andrew Barr and Sekisui House managing director Kazunari Takayanagi.

Minister Barr said he was pleased that a large international company had recognised “the enormous potential” of Canberra’s property market.

“This is great news for home buyers in the Territory, providing more competition and better choice when building a new home,” he said.

Sekisui House was founded in Japan in 1960 and has operated in Australia since 2009. The company, which employs over 22,000 people worldwide, has built over two million homes.

sekisui house canberra

Takayanagi said that the company chose to invest and build a display home in Canberra because of its affluent population and strong demand for housing – particularly in Molonglo and Gungahlin.

“The housing market here in Canberra is really attractive for us due to the demand for high quality housing and the relatively high average income,” he said.

Sekisui House’s ACT designs start from $185,000, with the average contract price around $250,000. Its target markets are first home buyers, young families and empty nesters looking to downsize.

Senior manager product and marketing Takao Sawai said that Sekisui House’s key point of difference is building homes that are efficiently designed and foster family interaction. The Canberra display home, for example, has an open plan living, kitchen and dining area with a children’s play area separated by a low wall for easy supervision. Natural light is also abundant.

sekisui house

“Australia is facing a social problem of affordable housing. Houses need to be spacious and functional, even if they’re on smaller blocks. This means no wasted space, better integration with indoor and outdoors, a smooth flow between living areas and creating spaces where families can interact but still have privacy,” he said.

Takayanagi explained that delivering traditional Japanese customer service is also a priority.

“In Japan, 50 per cent of our new customers are generated via word of mouth and positive recommendations. We are hoping to do the same in Australia,” he said.

The Sekisui House Wright Display Centre is located at 11 Dot Butler Street in Wright and is open 7 days (10am-5pm) from Saturday 21st March.

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39 Responses to
International building firm invests in Canberra
beardedclam 2:09 pm 25 Mar 15

Southmouth said :

Alexandra Craig said :

Maya123 said :

Alexandra Craig said :

vintage123 said :

“ACT designs start at 185k with the average at 250k” call me cynical but I doubt that very much. There is no way you can build for those prices in canberra. Ten years ago maybe. Average is about twice those costs. Happy to be proven wrong, however I suspect a lot of people will go to the display anticipating a 250k build only to be very very disappointed.

250k base cost maybe? I’m considering building (if I can find land), and haven’t done any in-depth research but was told that some homes have the base cost without things like floor coverings included, so if you want carpet/floorboards etc that’s an additional cost. Anyone care to share with us their experiences building in Canberra?

Years ago houses didn’t come with carpets, blinds/curtains and such fittings. They were put in later as the owner could afford it. That’s why once a drive around new suburbs would reveal sheets, whatever could be utilised, covering windows. I wonder why the extra expense is now thought normal. I had a house built a couple of years ago and I didn’t have any window covers when I moved in, and didn’t for some weeks. I had large windows too. One just has to be careful where you get dressed.

I just had a look at their website, they’ve got a ‘handy hints’ section with one part on knowing the costs associated with building a house.

Besides the cost of the land and the house itself, the costs of the build (site costs etc), floor coverings (only tiles in wet areas are included), window coverings, electrical appliances (presume this is oven, dishwasher etc), driveway, garden landscaping, and letterbox.

Based on that, I am pretty sure the $250k quoted above is just the cost for the actual house, not including the build cost, floors, driveway etc. I wonder how much the average cost overall is!

I went through this recently myself. Now is a good time to build as it is reasonably quiet. My house ended up at bang on $1100 per square metre. You should focus on the per Sq m cost as this is the only real way to compare. Also choose a builder who has standard fixings that are good enough for you to accept without having to up spec if you want to avoid cost blow outs.

Articulations add to the cost. a Square is cheaper to build than a polygon of the same size.

dungfungus 6:22 pm 24 Mar 15

vintage123 said :

Southmouth said :

vintage123 said :

Southmouth said :

Alexandra Craig said :

Maya123 said :

Alexandra Craig said :

vintage123 said :

“ACT designs start at 185k with the average at 250k” call me cynical but I doubt that very much. There is no way you can build for those prices in canberra. Ten years ago maybe. Average is about twice those costs. Happy to be proven wrong, however I suspect a lot of people will go to the display anticipating a 250k build only to be very very disappointed.

250k base cost maybe? I’m considering building (if I can find land), and haven’t done any in-depth research but was told that some homes have the base cost without things like floor coverings included, so if you want carpet/floorboards etc that’s an additional cost. Anyone care to share with us their experiences building in Canberra?

Years ago houses didn’t come with carpets, blinds/curtains and such fittings. They were put in later as the owner could afford it. That’s why once a drive around new suburbs would reveal sheets, whatever could be utilised, covering windows. I wonder why the extra expense is now thought normal. I had a house built a couple of years ago and I didn’t have any window covers when I moved in, and didn’t for some weeks. I had large windows too. One just has to be careful where you get dressed.

I just had a look at their website, they’ve got a ‘handy hints’ section with one part on knowing the costs associated with building a house.

Besides the cost of the land and the house itself, the costs of the build (site costs etc), floor coverings (only tiles in wet areas are included), window coverings, electrical appliances (presume this is oven, dishwasher etc), driveway, garden landscaping, and letterbox.

Based on that, I am pretty sure the $250k quoted above is just the cost for the actual house, not including the build cost, floors, driveway etc. I wonder how much the average cost overall is!

I went through this recently myself. Now is a good time to build as it is reasonably quiet. My house ended up at bang on $1100 per square metre. You should focus on the per Sq m cost as this is the only real way to compare. Also choose a builder who has standard fixings that are good enough for you to accept without having to up spec if you want to avoid cost blow outs.

$1100 a square meter, wow, really. Who is the builder as I will get him to build me a couple of homes. The cheapest per m2 quotes we have are $1600 to $2000.

It was Regal Homes. The guy who sits in the display home (which at the time was in Bungendore, but isn’t now) is named Kim. Our site manager was Troy (he is a beast). The office is in Fyshwick.

Our house is just over 300sq m inc garage. Smaller places will have a higher per sq m cost. This is my third new build and my father was a builder so i’ve learned where to trim the fat. In short, Archiectural feature and bedazzling is where money is wasted. I went with the standard inclussions apart from things i absolutely could not live with, so up spec’d only the sink, cook top, tiles, and toilets. All outside concreting etc was removed from the list and done by us after handover as was window coverings. Also, it was our floor plan as they had nothing that suited us off the shelf. Been in just over a year.

I’m sure they’ll build you as many as you can fund.

That’s interesting, you have done really well squeezing regal to that price. I was quoted by regal and it was $1700 per m2 without any inclusions. Interestingly I watched their display venture at jiparu murrumbateman. It is the home on the front of their webpage, although it’s advertised as a knock down rebuild it wasn’t, it was just a new build on a vacant block. Anyway they paid 290k for the block and built the display home, when the display period finished they attempted to rent it out for $900 a week whilst advertising it at 1.1m for 6 months before readvertising it “at below cost” at $950k. When I approached Kim ware and asked him how it could be below cost at $950k he said to cost over $600k to build. It was around 300m2 simple low pitch four bedda with ensuite and double garage. There current display home venture in bungendore is a dual occ with 380m2 for $750k. Anyway we tried to skin any design with regal could not get a square meter age price any where near $1100. I am thinking it depends where you want to build suburb wise versus which dictates the price.

Re the Jiparu home, were you aware of the “residency” conditions conveyed by the strata tile?
The last thing one wants to do by moving to the bush is to go to body corporate meetings.
The high cost of that home reflects the building caveats in the strata plan like gas boosted solar HWS, some type of bio-degader septic system and I think a headworks contribution to the community non-potable water reticulation system.
Apart from that the home design was good (but no double glazing) and Kim is a nice bloke.
It would be interesting to find out what is was sold for in the end. I had offered $850K before I found out about the strata title arrangements.

vintage123 12:45 pm 24 Mar 15

Southmouth said :

vintage123 said :

Southmouth said :

Alexandra Craig said :

Maya123 said :

Alexandra Craig said :

vintage123 said :

“ACT designs start at 185k with the average at 250k” call me cynical but I doubt that very much. There is no way you can build for those prices in canberra. Ten years ago maybe. Average is about twice those costs. Happy to be proven wrong, however I suspect a lot of people will go to the display anticipating a 250k build only to be very very disappointed.

250k base cost maybe? I’m considering building (if I can find land), and haven’t done any in-depth research but was told that some homes have the base cost without things like floor coverings included, so if you want carpet/floorboards etc that’s an additional cost. Anyone care to share with us their experiences building in Canberra?

Years ago houses didn’t come with carpets, blinds/curtains and such fittings. They were put in later as the owner could afford it. That’s why once a drive around new suburbs would reveal sheets, whatever could be utilised, covering windows. I wonder why the extra expense is now thought normal. I had a house built a couple of years ago and I didn’t have any window covers when I moved in, and didn’t for some weeks. I had large windows too. One just has to be careful where you get dressed.

I just had a look at their website, they’ve got a ‘handy hints’ section with one part on knowing the costs associated with building a house.

Besides the cost of the land and the house itself, the costs of the build (site costs etc), floor coverings (only tiles in wet areas are included), window coverings, electrical appliances (presume this is oven, dishwasher etc), driveway, garden landscaping, and letterbox.

Based on that, I am pretty sure the $250k quoted above is just the cost for the actual house, not including the build cost, floors, driveway etc. I wonder how much the average cost overall is!

I went through this recently myself. Now is a good time to build as it is reasonably quiet. My house ended up at bang on $1100 per square metre. You should focus on the per Sq m cost as this is the only real way to compare. Also choose a builder who has standard fixings that are good enough for you to accept without having to up spec if you want to avoid cost blow outs.

$1100 a square meter, wow, really. Who is the builder as I will get him to build me a couple of homes. The cheapest per m2 quotes we have are $1600 to $2000.

It was Regal Homes. The guy who sits in the display home (which at the time was in Bungendore, but isn’t now) is named Kim. Our site manager was Troy (he is a beast). The office is in Fyshwick.

Our house is just over 300sq m inc garage. Smaller places will have a higher per sq m cost. This is my third new build and my father was a builder so i’ve learned where to trim the fat. In short, Archiectural feature and bedazzling is where money is wasted. I went with the standard inclussions apart from things i absolutely could not live with, so up spec’d only the sink, cook top, tiles, and toilets. All outside concreting etc was removed from the list and done by us after handover as was window coverings. Also, it was our floor plan as they had nothing that suited us off the shelf. Been in just over a year.

I’m sure they’ll build you as many as you can fund.

That’s interesting, you have done really well squeezing regal to that price. I was quoted by regal and it was $1700 per m2 without any inclusions. Interestingly I watched their display venture at jiparu murrumbateman. It is the home on the front of their webpage, although it’s advertised as a knock down rebuild it wasn’t, it was just a new build on a vacant block. Anyway they paid 290k for the block and built the display home, when the display period finished they attempted to rent it out for $900 a week whilst advertising it at 1.1m for 6 months before readvertising it “at below cost” at $950k. When I approached Kim ware and asked him how it could be below cost at $950k he said to cost over $600k to build. It was around 300m2 simple low pitch four bedda with ensuite and double garage. There current display home venture in bungendore is a dual occ with 380m2 for $750k. Anyway we tried to skin any design with regal could not get a square meter age price any where near $1100. I am thinking it depends where you want to build suburb wise versus which dictates the price.

Southmouth 7:42 am 24 Mar 15

vintage123 said :

Southmouth said :

Alexandra Craig said :

Maya123 said :

Alexandra Craig said :

vintage123 said :

“ACT designs start at 185k with the average at 250k” call me cynical but I doubt that very much. There is no way you can build for those prices in canberra. Ten years ago maybe. Average is about twice those costs. Happy to be proven wrong, however I suspect a lot of people will go to the display anticipating a 250k build only to be very very disappointed.

250k base cost maybe? I’m considering building (if I can find land), and haven’t done any in-depth research but was told that some homes have the base cost without things like floor coverings included, so if you want carpet/floorboards etc that’s an additional cost. Anyone care to share with us their experiences building in Canberra?

Years ago houses didn’t come with carpets, blinds/curtains and such fittings. They were put in later as the owner could afford it. That’s why once a drive around new suburbs would reveal sheets, whatever could be utilised, covering windows. I wonder why the extra expense is now thought normal. I had a house built a couple of years ago and I didn’t have any window covers when I moved in, and didn’t for some weeks. I had large windows too. One just has to be careful where you get dressed.

I just had a look at their website, they’ve got a ‘handy hints’ section with one part on knowing the costs associated with building a house.

Besides the cost of the land and the house itself, the costs of the build (site costs etc), floor coverings (only tiles in wet areas are included), window coverings, electrical appliances (presume this is oven, dishwasher etc), driveway, garden landscaping, and letterbox.

Based on that, I am pretty sure the $250k quoted above is just the cost for the actual house, not including the build cost, floors, driveway etc. I wonder how much the average cost overall is!

I went through this recently myself. Now is a good time to build as it is reasonably quiet. My house ended up at bang on $1100 per square metre. You should focus on the per Sq m cost as this is the only real way to compare. Also choose a builder who has standard fixings that are good enough for you to accept without having to up spec if you want to avoid cost blow outs.

$1100 a square meter, wow, really. Who is the builder as I will get him to build me a couple of homes. The cheapest per m2 quotes we have are $1600 to $2000.

It was Regal Homes. The guy who sits in the display home (which at the time was in Bungendore, but isn’t now) is named Kim. Our site manager was Troy (he is a beast). The office is in Fyshwick.

Our house is just over 300sq m inc garage. Smaller places will have a higher per sq m cost. This is my third new build and my father was a builder so i’ve learned where to trim the fat. In short, Archiectural feature and bedazzling is where money is wasted. I went with the standard inclussions apart from things i absolutely could not live with, so up spec’d only the sink, cook top, tiles, and toilets. All outside concreting etc was removed from the list and done by us after handover as was window coverings. Also, it was our floor plan as they had nothing that suited us off the shelf. Been in just over a year.

I’m sure they’ll build you as many as you can fund.

GardeningGirl 12:03 am 24 Mar 15

Southmouth said :

I think you’ll find that this is the parent company of AV Jennings as of 2010.

I thought so, I thought I remembered reading about a joint venture/partnership of some type and I’ve certainly seen the name on building sites in the past. The display home was nice but I don’t want to downsize my living room (or garden) that much, nor my wardrobe (why no second rail?) just to name a few disappointing details. Point of difference? Similar to all the others IMO.

vintage123 5:31 pm 23 Mar 15

Southmouth said :

Alexandra Craig said :

Maya123 said :

Alexandra Craig said :

vintage123 said :

“ACT designs start at 185k with the average at 250k” call me cynical but I doubt that very much. There is no way you can build for those prices in canberra. Ten years ago maybe. Average is about twice those costs. Happy to be proven wrong, however I suspect a lot of people will go to the display anticipating a 250k build only to be very very disappointed.

250k base cost maybe? I’m considering building (if I can find land), and haven’t done any in-depth research but was told that some homes have the base cost without things like floor coverings included, so if you want carpet/floorboards etc that’s an additional cost. Anyone care to share with us their experiences building in Canberra?

Years ago houses didn’t come with carpets, blinds/curtains and such fittings. They were put in later as the owner could afford it. That’s why once a drive around new suburbs would reveal sheets, whatever could be utilised, covering windows. I wonder why the extra expense is now thought normal. I had a house built a couple of years ago and I didn’t have any window covers when I moved in, and didn’t for some weeks. I had large windows too. One just has to be careful where you get dressed.

I just had a look at their website, they’ve got a ‘handy hints’ section with one part on knowing the costs associated with building a house.

Besides the cost of the land and the house itself, the costs of the build (site costs etc), floor coverings (only tiles in wet areas are included), window coverings, electrical appliances (presume this is oven, dishwasher etc), driveway, garden landscaping, and letterbox.

Based on that, I am pretty sure the $250k quoted above is just the cost for the actual house, not including the build cost, floors, driveway etc. I wonder how much the average cost overall is!

I went through this recently myself. Now is a good time to build as it is reasonably quiet. My house ended up at bang on $1100 per square metre. You should focus on the per Sq m cost as this is the only real way to compare. Also choose a builder who has standard fixings that are good enough for you to accept without having to up spec if you want to avoid cost blow outs.

$1100 a square meter, wow, really. Who is the builder as I will get him to build me a couple of homes. The cheapest per m2 quotes we have are $1600 to $2000.

vintage123 5:27 pm 23 Mar 15

Alexandra Craig said :

vintage123 said :

“ACT designs start at 185k with the average at 250k” call me cynical but I doubt that very much. There is no way you can build for those prices in canberra. Ten years ago maybe. Average is about twice those costs. Happy to be proven wrong, however I suspect a lot of people will go to the display anticipating a 250k build only to be very very disappointed.

250k base cost maybe? I’m considering building (if I can find land), and haven’t done any in-depth research but was told that some homes have the base cost without things like floor coverings included, so if you want carpet/floorboards etc that’s an additional cost. Anyone care to share with us their experiences building in Canberra?

Sure can, cost to build a completed 3 bedroom ensuite home with double garage, 150m2 is 350k, a 4 bedroom version of 200m2 with seperate living areas is 450k. AV Jennings/sekisui homes will be no different, these are the current going rates, unfortunately.

watto23 4:45 pm 23 Mar 15

Alexandra Craig said :

Maya123 said :

Alexandra Craig said :

vintage123 said :

“ACT designs start at 185k with the average at 250k” call me cynical but I doubt that very much. There is no way you can build for those prices in canberra. Ten years ago maybe. Average is about twice those costs. Happy to be proven wrong, however I suspect a lot of people will go to the display anticipating a 250k build only to be very very disappointed.

250k base cost maybe? I’m considering building (if I can find land), and haven’t done any in-depth research but was told that some homes have the base cost without things like floor coverings included, so if you want carpet/floorboards etc that’s an additional cost. Anyone care to share with us their experiences building in Canberra?

Years ago houses didn’t come with carpets, blinds/curtains and such fittings. They were put in later as the owner could afford it. That’s why once a drive around new suburbs would reveal sheets, whatever could be utilised, covering windows. I wonder why the extra expense is now thought normal. I had a house built a couple of years ago and I didn’t have any window covers when I moved in, and didn’t for some weeks. I had large windows too. One just has to be careful where you get dressed.

I just had a look at their website, they’ve got a ‘handy hints’ section with one part on knowing the costs associated with building a house.

Besides the cost of the land and the house itself, the costs of the build (site costs etc), floor coverings (only tiles in wet areas are included), window coverings, electrical appliances (presume this is oven, dishwasher etc), driveway, garden landscaping, and letterbox.

Based on that, I am pretty sure the $250k quoted above is just the cost for the actual house, not including the build cost, floors, driveway etc. I wonder how much the average cost overall is!

The good thing is you can choose everything like floor coverings and appliances etc when you build, so if you can’t afford all the fancy stuff you can choose where you see the value. Often flooring is a good place to put money as its difficult to change, whereas taps and fittings are easily replaced later as are window furnishings etc.

I just did my living area in Bamboo at $50 per sqm, total of $2500. Carpet varies as does tiling, and trades costs but you can quickly see that floorings alone inc labour can be easily $10k+
Landscaping is another one, but that is also often left to be done later. Its easy to live with a non landscaped yard!

Personally though I’d just buy a built house. Save the perfect built from scratch home for later in life. The way equity in housing works, its not like you are wasting money by doing this.

Southmouth 3:20 pm 23 Mar 15

Alexandra Craig said :

Maya123 said :

Alexandra Craig said :

vintage123 said :

“ACT designs start at 185k with the average at 250k” call me cynical but I doubt that very much. There is no way you can build for those prices in canberra. Ten years ago maybe. Average is about twice those costs. Happy to be proven wrong, however I suspect a lot of people will go to the display anticipating a 250k build only to be very very disappointed.

250k base cost maybe? I’m considering building (if I can find land), and haven’t done any in-depth research but was told that some homes have the base cost without things like floor coverings included, so if you want carpet/floorboards etc that’s an additional cost. Anyone care to share with us their experiences building in Canberra?

Years ago houses didn’t come with carpets, blinds/curtains and such fittings. They were put in later as the owner could afford it. That’s why once a drive around new suburbs would reveal sheets, whatever could be utilised, covering windows. I wonder why the extra expense is now thought normal. I had a house built a couple of years ago and I didn’t have any window covers when I moved in, and didn’t for some weeks. I had large windows too. One just has to be careful where you get dressed.

I just had a look at their website, they’ve got a ‘handy hints’ section with one part on knowing the costs associated with building a house.

Besides the cost of the land and the house itself, the costs of the build (site costs etc), floor coverings (only tiles in wet areas are included), window coverings, electrical appliances (presume this is oven, dishwasher etc), driveway, garden landscaping, and letterbox.

Based on that, I am pretty sure the $250k quoted above is just the cost for the actual house, not including the build cost, floors, driveway etc. I wonder how much the average cost overall is!

I went through this recently myself. Now is a good time to build as it is reasonably quiet. My house ended up at bang on $1100 per square metre. You should focus on the per Sq m cost as this is the only real way to compare. Also choose a builder who has standard fixings that are good enough for you to accept without having to up spec if you want to avoid cost blow outs.

Alexandra Craig 2:33 pm 23 Mar 15

Maya123 said :

Alexandra Craig said :

vintage123 said :

“ACT designs start at 185k with the average at 250k” call me cynical but I doubt that very much. There is no way you can build for those prices in canberra. Ten years ago maybe. Average is about twice those costs. Happy to be proven wrong, however I suspect a lot of people will go to the display anticipating a 250k build only to be very very disappointed.

250k base cost maybe? I’m considering building (if I can find land), and haven’t done any in-depth research but was told that some homes have the base cost without things like floor coverings included, so if you want carpet/floorboards etc that’s an additional cost. Anyone care to share with us their experiences building in Canberra?

Years ago houses didn’t come with carpets, blinds/curtains and such fittings. They were put in later as the owner could afford it. That’s why once a drive around new suburbs would reveal sheets, whatever could be utilised, covering windows. I wonder why the extra expense is now thought normal. I had a house built a couple of years ago and I didn’t have any window covers when I moved in, and didn’t for some weeks. I had large windows too. One just has to be careful where you get dressed.

I just had a look at their website, they’ve got a ‘handy hints’ section with one part on knowing the costs associated with building a house.

Besides the cost of the land and the house itself, the costs of the build (site costs etc), floor coverings (only tiles in wet areas are included), window coverings, electrical appliances (presume this is oven, dishwasher etc), driveway, garden landscaping, and letterbox.

Based on that, I am pretty sure the $250k quoted above is just the cost for the actual house, not including the build cost, floors, driveway etc. I wonder how much the average cost overall is!

Maya123 2:10 pm 23 Mar 15

Alexandra Craig said :

vintage123 said :

“ACT designs start at 185k with the average at 250k” call me cynical but I doubt that very much. There is no way you can build for those prices in canberra. Ten years ago maybe. Average is about twice those costs. Happy to be proven wrong, however I suspect a lot of people will go to the display anticipating a 250k build only to be very very disappointed.

250k base cost maybe? I’m considering building (if I can find land), and haven’t done any in-depth research but was told that some homes have the base cost without things like floor coverings included, so if you want carpet/floorboards etc that’s an additional cost. Anyone care to share with us their experiences building in Canberra?

Years ago houses didn’t come with carpets, blinds/curtains and such fittings. They were put in later as the owner could afford it. That’s why once a drive around new suburbs would reveal sheets, whatever could be utilised, covering windows. I wonder why the extra expense is now thought normal. I had a house built a couple of years ago and I didn’t have any window covers when I moved in, and didn’t for some weeks. I had large windows too. One just has to be careful where you get dressed.

Alexandra Craig 1:55 pm 23 Mar 15

vintage123 said :

“ACT designs start at 185k with the average at 250k” call me cynical but I doubt that very much. There is no way you can build for those prices in canberra. Ten years ago maybe. Average is about twice those costs. Happy to be proven wrong, however I suspect a lot of people will go to the display anticipating a 250k build only to be very very disappointed.

250k base cost maybe? I’m considering building (if I can find land), and haven’t done any in-depth research but was told that some homes have the base cost without things like floor coverings included, so if you want carpet/floorboards etc that’s an additional cost. Anyone care to share with us their experiences building in Canberra?

Southmouth 7:40 am 23 Mar 15

I think you’ll find that this is the parent company of AV Jennings as of 2010.

rubaiyat 7:33 pm 20 Mar 15

The state of building in Canberra being what it is a new face is more than welcome!

vintage123 5:30 pm 20 Mar 15

“ACT designs start at 185k with the average at 250k” call me cynical but I doubt that very much. There is no way you can build for those prices in canberra. Ten years ago maybe. Average is about twice those costs. Happy to be proven wrong, however I suspect a lot of people will go to the display anticipating a 250k build only to be very very disappointed.

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