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Why Hiring a Quantity Surveyor Can Save You Thousands on Your New Home Build in Sydney

Updated: Apr 10


Building your dream home is a huge investment — and with the current high interest rates, every decision matters. One of the most critical choices you’ll make is whether to self-manage the construction contract or bring in a professional to oversee costs and administration.


While it might seem tempting to cut costs by managing it yourself, this route can lead to unexpected blowouts, payment disputes, and unnecessary stress. On the other hand, engaging a qualified Quantity Surveyor (QS) can protect your investment, streamline your build, and ultimately save you tens — if not hundreds — of thousands of dollars.


Crunching the numbers Quantity Surveyor
The sums add up.

The Hidden Costs of Self-Managing Your Build

Many homeowners believe self-managing the contract will give them more control and help reduce fees. Unfortunately, the reality is often the opposite. Research shows:

  • Up to 70% of construction projects exceed budget.

  • Average cost overruns sit between 10–28% — which means on a $2 million project, you could be overspending by $200,000 to $560,000.

  • Time delays and payment disputes are more likely when inexperienced clients manage the process themselves.

  • Without professional oversight, builders may overclaim progress payments or cut corners on quality.


In short, trying to save on professional fees can result in serious financial pain down the track.


What Does a Quantity Surveyor Do?

A Quantity Surveyor is a construction cost specialist who works on your behalf to manage costs, contracts, and risk throughout the build. When you engage a QS for full service on a residential build, you get:

  • Pre-construction cost planning – to ensure your design aligns with your budget.

  • Detailed tender analysis – to help you choose the right builder at the right price.

  • Contract administration – to manage communication, variations, and claims within legal frameworks.

  • Progress claim assessments – to ensure you only pay for work that’s actually completed to the required standard.

  • Cash flow forecasting – to help manage your finances during the build.

  • Final account negotiation – to close out the project smoothly and fairly.


All of this reduces your financial exposure, ensures better quality, and gives you total cost transparency from day one.



Don't break the bank construction
Don't break the bank!


Real Savings: What’s the Return on Investment?

Let’s break down the potential savings of hiring a QS for a $2 million home build in Sydney.

QS Involvement

Self-Managed

Budget control helps prevent 10–20% cost overruns

Cost blowouts of $200k–$400k are common

Pay only for actual, completed work

Risk of overpaying builders or contractors

Professional variation and change order control

Variations often overpriced or mismanaged

Dispute prevention and resolution

Legal disputes or claims can cost tens of thousands

Peace of mind and reduced stress

High stress, time commitment, and risk of mistakes

A full-service Quantity Surveyor typically charges 1.5–2.5% of the construction cost, depending on the scope. For a $2 million build, that’s approximately $30,000 to $50,000. But when you consider the cost of a 10% overrun ($200,000) or delayed completion, the ROI is clear — you could save up to 4–8x the QS fee.

And that doesn’t even factor in the peace of mind you’ll gain by having an expert in your corner.


Risk Mitigation: Why It Matters in Today’s Construction Market

In the current climate, Sydney’s residential construction sector is facing:

  • Rising material and labour costs

  • High builder insolvency rates

  • Increased regulatory complexity

  • Supply chain delays


In this environment, self-managing a project is riskier than ever. A QS helps you navigate these challenges by:

  • Tracking and updating costs in real time

  • Verifying builder performance and payment claims

  • Maintaining proper documentation to avoid disputes

  • Ensuring compliance with contract terms and NSW legislation


This level of oversight is essential when investing millions into your future home.


Case in Point: A Smarter Way to Build

We’ve worked with clients who initially considered managing their project solo — only to find themselves overwhelmed by contractor disputes, delayed schedules, and unexpected costs. After engaging us mid-project, we helped realign their budget, resolve variations, and bring the build to completion under control.

Had they engaged a Quantity Surveyor from the outset, they would have avoided months of stress and saved significantly more. The earlier we’re involved, the more value we can add.


Final Thoughts: Is Hiring a QS Worth It?

Absolutely. When you're spending $2 million on a home, investing 1–2% of that budget to protect the rest is not just sensible — it's essential.

A professional Quantity Surveyor:

✅ Keeps your project on budget

✅ Prevents overpayments and delays

✅ Handles all contract admin and variations

✅ Reduces risk, stress, and financial surprises

✅ Delivers a strong return on investment


Planning a new construction project? At Dunvei Construction Consultants, we help residential clients protect their investment, make informed decisions, and enjoy a smooth, stress-free building experience.


👉 Get in touch to see how we can save you time, money, and headaches on your next project.


 
 
 

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