Make Good and Defit Cost Benchmarks: Australia, 2026

Dataset · Last verified August 2026 · Cite as: Make Good Quotes, makegoodquotes.com.au/data/make-good-cost-benchmarks/

A new office fit-out costs $2,406 to $2,938 per square metre depending on the city, from Perth and Adelaide (tied lowest) to Canberra at the high end, according to Cushman & Wakefield's March 2026 Office Fit Out Cost Guide. Tenants often compare their exit cost against this move-in cost, so it is a useful yardstick when a landlord's make good schedule arrives.

Data scope note: This page aggregates figures published by third-party industry cost guides, listed with each figure and in the source list below. It is not Make Good Quotes' own measured or transactional data; we hold no listings database. Treat every number here as a planning benchmark, not a quote, and always confirm your exact scope with a licensed provider.

1. Strip out and defit removal costs

This page does not publish a per-square-metre strip out rate. We have not found a current published breakdown we can cite, for Sydney or any other city. Strip out price depends on floor area, building access, disposal and whether asbestos is present. Ask each contractor for an itemised quote against your make good schedule, with strip out and reinstatement on separate lines. The new fit-out table in section 2 shows how city costs compare.

2. New office fit-out cost by city (2026)

Fit-out (installing a new space) and make good or strip out (removing an existing one) are different cost lines, but fit-out pricing is the only figure published consistently across all five cities, so it is the best available way to compare relative cost position between cities.

CityTypical new fit-out cost (2026)
Canberra$2,938 per m²
Brisbane$2,615 per m²
Sydney$2,599 per m²
Melbourne$2,535 per m²
Perth$2,406 per m²

Source: Cushman & Wakefield, Office Fit Out Cost Guide Australia (March 2026). A second source, AS Estimation's 2026 city guide, independently reports close figures for four of these cities: Sydney around $2,665/m², Melbourne around $2,607/m², Brisbane around $2,548/m² and Perth around $2,453/m², a useful cross-check that the Cushman & Wakefield ordering (Canberra highest, Perth lowest) is consistent across sources. JLL's 2026 ANZ Fit-Out Cost Guide separately reports a national average of AU$3,011 per m² for a moderate-style, medium-quality fit-out as of Q1 2026.

3. Office refurbishment cost by scope tier

Refurbishment tiers (renovating an existing space rather than a full new fit-out) give a useful reference point for the upper end of make good reinstatement work, since a full reinstatement can involve similar trades to a basic refurbishment.

TierCostTypical scope
Basic$800–$1,200 per m²Paint, carpets, lighting upgrades, minor layout changes
Mid-tier$1,200–$1,800 per m²New workstations, partitions, tech upgrades, moderate reconfiguration
High-end$1,800–$2,800+ per m²Designer finishes, smart tech, acoustics, custom joinery

Source: Stemar Group, Guide to Office Refurbishment Costs by City and Scope (2026). By-city ranges from the same source: Sydney $1,400–$2,800+/m², Melbourne $1,300–$2,600/m², Brisbane $1,200–$2,400/m², Perth $1,000–$2,000/m², Canberra $1,200–$2,300/m².

4. Dilapidation report cost

Small commercial dilapidation report

$1,500–$2,500

Owner Inspections, 2026 pricing guide

Large commercial dilapidation report

$2,500–$5,000+

Owner Inspections, 2026 pricing guide

Residential dilapidation reports are cheaper, typically $500 to $1,500. See our full dilapidation report guide for what one covers and why it matters for your make good.

5. Building approvals and asbestos compliance context

Two more public data points are useful context if you are planning a make good: recent non-residential building approvals in Australia, a forward-looking pipeline indicator rather than a measure of work already under way, and the compliance backdrop for asbestos, the hazard most likely to complicate a strip out in an older building.

Non-residential building approvals (ABS, June 2026). The Australian Bureau of Statistics' Building Approvals collection measures the value of building work approved to go ahead, not work already commenced or completed; some approved projects never start. In its June release, the value of non-residential building fell 24.7% (to $8.26b), after rising 40.4% in May, on a seasonally adjusted basis. The trend measure, which smooths this month-to-month volatility, moved a comparatively steady 1.0% in June after a 0.7% May rise.

Non-residential building approvedSeasonally adjustedTrend
Value ($m)$8,255$7,770
Monthly change−24.7%+1.0%

Source: Australian Bureau of Statistics, Building Approvals, Australia, June 2026 (released 30 July 2026). Building Approvals is a separate, monthly ABS collection from Building Activity, which measures quarterly work done, not approvals: this table shows the value of non-residential building approved, a forward-looking consent pipeline, not current construction activity. Approvals move sharply month to month on the seasonally adjusted series; read the trend column, or several consecutive months, for the steadier signal.

Asbestos: the compliance backdrop (Safe Work Australia). Asbestos was banned in Australia in December 2003, and it remains present in many buildings fitted out before then. Breathing in asbestos fibres can cause asbestosis, lung cancer and mesothelioma, and people rarely get symptoms of these diseases until 20 to 30 years later, Safe Work Australia says. For the specific licensing thresholds that apply to an office strip out (when a licensed removalist and a clearance certificate are required), see our asbestos and make good guide.

6. Methodology and data limitations

  • Aggregation, not original measurement. Every figure on this page is compiled from a published third-party industry cost guide or government statistical release, cited against the figure. Make Good Quotes did not commission or conduct its own cost survey.
  • City coverage differs by data type. New fit-out and refurbishment pricing is published across Sydney, Melbourne, Brisbane, Perth and Canberra. No per-square-metre strip out rate is published on this page.
  • No fabricated or derived figures. Where a source did not publish a number (for example, a per-city strip out rate, or a specific dollar figure for "paint and patch" make good), this page does not estimate or invent one. Sections 2 and 3 are offered as the closest available proxy for relative city cost position, explicitly labelled as such.
  • Currency. All figures are 2025 or 2026 publications as cited. Construction and demolition costs move with material and labour markets; check the source guide's publish date before relying on a figure for a live quote.
  • Not a quote. Every figure here is a planning benchmark. Get an actual fixed-price quote against your specific lease and premises before budgeting a real project.

How to cite this page

Make Good Quotes (2026). Make Good and Defit Cost Benchmarks: Australia, 2026. Retrieved from https://makegoodquotes.com.au/data/make-good-cost-benchmarks/. Underlying figures remain sourced to their original publishers, listed below.

Sources

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