Construction Costs
Office Construction Cost Planning: Hervey Bay, Australia
Hervey Bay office cost planning using the World Bank ICP 2021 national construction price-level index of 264.1, plus a GeoNames-based local comparable-search shortlist.
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Last updated September 15, 2026 · National screening observation from the [World Bank ICP 2021 API](https://api.worldbank.org/v2/sources/90/country/AUS/classification/PX.WL/series/1501200/time/YR2021/data?format=json) and [ICP data documentation](https://www.worldbank.org/en/programs/icp/data); locality and population from the [GeoNames AU dump](https://download.geonames.org/export/dump/AU.zip) (CC BY 4.0 snapshot 2026-08-26, GeoNames ID 6354957). The PLI is not a city cost/m² rate, current escalation series or tender estimate.
Direct answer
For early office construction cost planning in Hervey Bay, the World Bank ICP reports a 2021 Australia construction price-level index of 264.1, with the world equal to 100. This is a national comparison—not a Hervey Bay AUD/m² rate or tender estimate—so replace it with current local evidence before budgeting or procurement. The observation covers construction across Australia in 2021; it does not measure a Hervey Bay market basket or current office tenders. GeoNames 6354957 records the locality at -25.2876, 152.7694, with snapshot population 52,230. That ranks Hervey Bay 40 of 50 listed places, while Bundaberg is the nearest listed peer at about 63 km. Use these facts only to plan the comparable search. Obtain current local rates on a consistent area basis, then reconcile scope, taxes, fees, contingency and escalation. Retain the source, base date and reviewer when local evidence replaces the screening ratio.
Content and cited inputs reviewed by Harth team · Published 2026-08-26 · Updated 2026-09-15.
What does the 264.1 construction index mean?
The World Bank ICP 2021 construction PLI for Australia is 264.1, compared with a world benchmark of 100. It is a national spatial price comparison assembled for the 2021 reference year. It does not say that office work in Hervey Bay costs 2.641 times a current world rate.
Which Hervey Bay inputs are known?
The reproducible locality point is -25.2876, 152.7694 (GeoNames 6354957). Its snapshot population is 52,230, ranked 40 of 50 listed places; GeoNames classifies it as a populated place in administrative area 04. These facts shape the local comparable search, not the price.
What must a project estimate add?
For a Hervey Bay office project, reconcile workplace fit-out grade, services density, floorplate efficiency and vertical transport. Use a consistent gross-floor-area basis and record the following before reliance.
| Estimate field | Screening record | Project requirement |
|---|---|---|
| National context | ICP 2021 PLI 264.1 | Retain only as dated cross-country context |
| Local AUD/m² rate | Not supplied | Current comparable with named source and base date |
| Area and scope | Gross floor area; scope unresolved | Measurement standard, specification and procurement route |
| Additions | Not supplied | Taxes, fees, site work, contingency and escalation |
| Review | Automated source and arithmetic QA | Qualified local cost review |
Hervey Bay comparable-location search screen
This shortlist is computed from the checked GeoNames snapshot. Distance and population help prioritize where to request comparables; neither is used as a cost multiplier.
| Listed place | Great-circle km from Hervey Bay | Snapshot population | Admin area |
|---|---|---|---|
| Bundaberg | 63 | 73,747 | 04 |
| Sunshine Coast | 155 | 398,840 | 04 |
| Caloundra | 172 | 96,305 | 04 |
| Gladstone | 221 | 45,185 | 04 |
| Brisbane | 244 | 2,780,063 | 04 |
| Port Macquarie | 683 | 51,965 | 02 |
| Reservoir | 1,565 | 51,096 | 07 |
| Pakenham | 1,579 | 54,118 | 07 |
Price-level normalization worksheet
For a validated reference rate R from a country with construction PLI P, the transparent screening calculation is R × (264.1 ÷ P). At P = 100 the dimensionless ratio is 2.641; no world cost rate is asserted. Keep the reference rate's currency, base date, area basis and scope attached.
| Input | Recorded value | Release condition |
|---|---|---|
| Target national PLI | 264.1 (World = 100, 2021) | Screening context only |
| Reference construction PLI P | User-supplied from the same ICP classification/year | Must match reference rate country |
| Validated reference rate R | User-supplied | Named source, currency, date, area and scope |
| Local Hervey Bay adjustment | Not asserted | Replace with current local comparable evidence |
| Result status | Screening normalization | Not a budget, quote or tender estimate |
Where can you explore related guidance?
- Explore all construction costs guidance
- House Construction Cost Planning: Hervey Bay, Australia
- School Construction Cost Planning: Hervey Bay, Australia
- Retail Construction Cost Planning: Hervey Bay, Australia
- Office Construction Cost Planning: Bundaberg, Australia
Sources and method
National screening observation from the World Bank ICP 2021 API and ICP data documentation; locality and population from the GeoNames AU dump (CC BY 4.0 snapshot 2026-08-26, GeoNames ID 6354957). The PLI is not a city cost/m² rate, current escalation series or tender estimate.
Source links
Frequently asked questions
Does the 264.1 index give a office cost per m² for Hervey Bay?
No. 264.1 is the World Bank ICP 2021 national construction price-level index for Australia, with the world equal to 100. It is a cross-country screening statistic, not a Hervey Bay AUD/m² rate, escalation index, quote or tender estimate.
How should a Hervey Bay office estimate replace this screening benchmark?
Collect current Hervey Bay comparables on a consistent gross-floor-area basis, reconcile workplace fit-out grade, services density, floorplate efficiency and vertical transport, and state base date, currency, taxes, fees, site work, contingency and escalation. A qualified local cost professional should review the resulting project estimate.
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