DEARER HOMES.
BUILDING COSTS IN SYDNEY.
(IROU CUR OWB COEBESPONOEXT.) SYDNEY, January G. The cvor-upwards trend of building costs in Sydney is reflected in figures which show an increase in the average cost of a new home, or more than S8 per cent., comparing the expenditure on buildings in 192G with that in 1911. What is the cost of a home in Sydney likely to be in say another ten years if the outlay to-day is 83 per cent, more than it was 12 years ago? It is no doubt the henvy outlay which explains the fact tha't fewer buildings were erected in Sydney and its suburbs in 1926 than in tho preceding year. The expenditure last year, however, compared with 192.). showed an increase of considerably more than £1,.500,000. In,the City itself new buildings involved an outlay of well on to £3,000,000 last year.
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Press, Volume LXIII, Issue 18898, 13 January 1927, Page 5
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145DEARER HOMES. Press, Volume LXIII, Issue 18898, 13 January 1927, Page 5
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