Cost, rent, and value — what actually moves the number

Indicative build bands only. Your quote depends on site, structure, bushfire rating, services, and finishes — use this page to understand drivers, not to budget to the dollar.

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A clean title, summary, and link for posting by hand to LinkedIn, RedNote, WeChat, and similar platforms.

Figures are indicative — your surveyor and builder firm up numbers.Run the feasibility checkSee the full SSD overview

Named house-type imagery and a typical floor plan sit on the main SSD overview— this page stays focused on cost drivers and tiers below.

Indicative cost tiers

Same 60 sqm cap — different structural and fit-out choices change the total.

Tier 1

Compact compliant

Simple footprint, modest finishes, easier site. Rough band $70k–$135k.

Tier 2

Rental-ready

Better thermal performance, harder-wearing materials. Rough band $90k–$169k.

Tier 3

Higher spec / harder site

Steeper slope, retaining, or higher-end architecture. Rough band $122k–$168k.

Rent and longer-term value

Rental demand on the Peninsula and in greater Victoria has been tight in recent years — but vacancy and rent move with the cycle. Treat rent as a possible benefit, not a promise.

For many owners the value is mixed: family flexibility, a separate workspace, and sometimes income — plus how a documented, compliant second dwelling affects resale compared with an unapproved structure.

Next steps

What do you want to do next?

Use the feasibility check when you are ready to test your lot. Return to the hub to pick another topic or reread the summary.

Run the feasibility checkSee the full SSD overviewVisit the estate