G'day all,
I'm about to arrange insurance for a IP recently purchased.
Apart from trying to find the best landlord cover, calculating the building costs for the house is proving to be more confusing than I had initially expected.
I'm talking about a brick veneer of good quality in Melbourne.
The CBA suggests $1,235 per sqm.
The ANZ uses $600 --> $1,000 per sqm, generally $860.
The National uses something close to $900 per sqm.
How can there be so much variation ?
What figure are others using ?
Is there a site which updates these figures for all to use ?
Why is the CBA figure so high, aprox 26% above others ?
I'm about to arrange insurance for a IP recently purchased.
Apart from trying to find the best landlord cover, calculating the building costs for the house is proving to be more confusing than I had initially expected.
I'm talking about a brick veneer of good quality in Melbourne.
The CBA suggests $1,235 per sqm.
The ANZ uses $600 --> $1,000 per sqm, generally $860.
The National uses something close to $900 per sqm.
How can there be so much variation ?
What figure are others using ?
Is there a site which updates these figures for all to use ?
Why is the CBA figure so high, aprox 26% above others ?