DEARER HOMES
BUILDING- COSTS IN SYDNEY.
(Frnm Our Own Correspondent.) ■' SYDNEY, 6th January. The ever-upwards trend of building costs in Sydney is reflected in figures which show an increase in the average cost of a new home, of more than 88 per cent., comparing the expenditure on buildings in 1926 with that in 1914. What is the cost of a home in Sydney likely to be in, say, another ton years if the outlay to-day is 88 percent, more than it was twelve years ago? It is no doubt tho heavy outlay which explains tho fact that fewer buildings wero orected in _ Sydney and its suburbs in 1926 than m the preceding yoar. The expenditure last yoar, however, eomparod with 1025, showed an increase of considerably more than £1,500,000. In the city itself new buildingj involved an outlay of well on to £3,000.000 last .. .' '-..•■
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Bibliographic details
Evening Post, Volume CXIII, Issue 19, 24 January 1927, Page 8
Word Count
144DEARER HOMES Evening Post, Volume CXIII, Issue 19, 24 January 1927, Page 8
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