A Guide to Calculating the Replacement Value of your Home

The replacement cost of your home and contents may vary depending on the home's design, features, fixtures and fittings. By answering a few quick questions, this guide is designed to help you calculate the replacement costs of your Home Building. If you are unsure, we recommend that you obtain a professional valuation by contacting a builder or expert.

Your current insurance policy


Important information about how this guide works

The programme for calculating the estimated replacement costs of your Home Building is provided by Cordell Information Pty Ltd (A.B.N 95 159 137 274) "Cordell", and is licenced to GIO for use on this web-site. The building calculator programme uses typical building replacement costs identified by Cordell from its industry research. Cordell authorises use of the building calculator on the basis that whilst every care is taken to ensure the accuracy of the information as a guide for costing, no responsibility is accepted by Cordell for its accuracy. GIO takes no responsibility for the accuracy of any information in, or results derived from, Cordell's building calculator.

Estimates for contents replacement costs are provided by GIO and are derived from statistics about GIO and Suncorp customers. All estimates for contents replacement costs are averages, calculated as a proportion of the Home Building estimated replacement costs; they do not take into account the value of any particular items.

This guide provides estimates only, based on data about industry averages. The value of your Home Building and contents will vary depending on your circumstances. This guide does not provide a definitive valuation of any Home Building or contents. For a professional valuation you will need to contact an architect, builder or other valuation expert. All building replacement costs include an allowance for GST.

Home and Contents insurance is issued by AAI Limited ABN 48 005 297 807 AFSL 230859 trading as GIO. Please read the Product Disclosure Statement before you make any decisions regarding the product. Contact us for a copy.

This guide is only a valuation tool. Nothing in this guide should be taken as advice or a recommendation to acquire any product.

The information and material contained in this guide is provided solely for bona fide personal or commercial customers only. By accessing, viewing or otherwise using this guide, you agree to abide by these terms and conditions of use.

You agree not to use, reproduce, adapt, compile, distribute or transmit in any form by any process any information, data, link or material contained in this guide for commercial purposes including, but not limited to: market research, pricing estimates or ‘shadow shopping’; without the written consent of GIO and the Suncorp Group