Our custom home construction cost guide puts Ballarat builds at $3,200 to $4,800 per square metre in 2026, including GST, with a typical 250 square metre home landing between $800,000 and $1.2 million before land. Those figures are now quoted in Bracen’s national guide as a regional example, alongside ABS state averages and quantity surveyor benchmarks from BMT and RLB.
The national picture is useful context. The ABS average for a new house in Victoria was $485,292 in 2024-25, which reflects every builder and every finish level across the state, while quantity surveyors price a custom home in Melbourne at $2,700 to $6,900 per square metre excluding GST. A Ballarat custom home sits inside that custom range, not above it, once GST and inclusions are put on the same basis.
For the full table by state and build type, read what it costs to build a house in Australia, by state on Bracen. For the Ballarat-specific detail, site costs and council fees, our custom home construction cost guide is the place to start.