Concrete Cairns has stated that residential construction costs in Australia will continue to climb, surpassing an 11% annual increase. In 2023 the quarterly rise of 4.7% exceeded the previous quarter's 2.4% and was notably higher than the 3.8% surge during the peak of domestic supply chain disruptions in September 2021. According to Concrete Cairns, the leading aggregate concrete contractors in the city, timber and metal prices were driving the trend, specifically impacting framing and reinforcing. Higher inflation figures have further meant that labor has become more expensive than in 2022. So, while prices could decline during the tail end of 2023, they will not drop below pre-2021 levels.

The cost of exposed aggregate concrete can vary depending on several factors, such as location, size of the project, and the type and quality of materials used. Typically, exposed aggregate concrete costs range from around $100 to $150 per square meter. However, prices may differ depending on the specific project requirements. Still, current market conditions have meant that even the most accurate exposed aggregate concrete cost calculators are inaccurate. That’s why anyone wanting to build a home or redo their driveway should consult a professional contractor or supplier for an accurate cost estimate.

However, building exposed aggregate driveways is one of many construction projects that have become more expensive. The higher price of concrete house slabs means that building a home has become increasingly expensive.

Readers can get a quote for an upcoming building and driveway project in Cairns by visiting Concrete Cairns at https://www.concretecairns.com.

“Concrete blocks, slabs, and all other forms are one of the most important components of a building project. That’s why when the price of concrete goes up owing to many other directly related or unrelated factors, it jacks up the price of everything else in the construction industry. That means building a home becomes more expensive, renovation becomes more expensive, and thus professionals need to compensate for this fact in their quotes.” Said one of the representatives for Concrete Cairns.

He added, “While prices are expected to go down by the end of 2023, they may not go as low as they were in 2021, and one of the reasons for this is inflation. Inflation has meant that we are paying more for skilled labor or concreters this year than we even did the previous years.”

About Concrete Cairns

Concrete Cairns is one of the leading concreters in Cairns, Queensland, Australia. The company has provided high-quality concreting to homes and business owners across the city for over a decade. They have earned a reputation for being one of the most trusted local concreters in Queensland.

Contact Information:

Concrete Cairns

7 Hill St Manunda
Cairns, QLD 4870
Australia

Jeremy Miles
+61 7 4429 3792
https://concretecairns.com/