Cheap Sheds – How much do they cost?

Posted on : January 9, 2015

What makes a cheap shed?

The old saying you get what you pay for is definitely true for Sheds.  There are shed companies that will cut corners (the key removing as much steel as possible – the lighter the shed the cheaper it will be) and then there are those that will not compromise.  There are strict regulations and building guidelines stipulated in the BCA (Building Code of Australia) but like all products there are those that will do the absolute minimum to meet the standards and there are those that pride themselves in exceeding them and creating excellent products.

So why should you care?  Some of these shortcuts will translate to a reduction in quality, watch out for the following

  • You might get 0.40 TCT on the roof sheet  – that is in this case a 0.40mm thick Total Coated Thickness or the equivalent of 0.35mm BMT (Base Metal Thickness). So this is 0.07mm thinner than the normal roof sheeting that should be installed for a domestic shed. It’s cheaper and many people don’t know the difference!  This thickness of steel is easily damaged and usually can’t be walked on.  You can find more detail on the difference here.
  • There are three major types of sheds and all of these will have different pricing (C-Section is usually the cheapest).
    • Cold Rollformed portal frame shed (constructed using C-Section steel).   This is what the largest manufacturers usually provide and are usually limited to a span of 18 meters.
    • Structural fabricated steel shed (constructed using H section, I beam or C channel).  This type of shed has a high strength joining system and while it can be assembled more quickly it usually reserved for greater than 18 meter spans.
    • Steel  Stud framed sheds.  These are identical to the steel stud framing used in housing.  This has an advantage of providing additional internal area over C-Section construction.
  • Sheds cost more if you buy them on finance, see the article here for more information
  • Is the steel imported or from a local steel manufacturer.  The line is getting blurred here as the likes of BlueScope have massive manufacturing capacity overseas now.  The question should probably be changed to “has the steel be tested to meet Australian standards”.  Not all steel is of the same quality as can be seen here.
  • Some shed packs are complex to put together and will cost more to erect (often the cheaper sheds).
  • There are lots of additional tricks (and sometimes costly mistakes) that will save steel and reduce the price.

Please beware and make sure that you understand the difference when buying a shed, as not all sheds are the same!

Now to the cheapest of the cheap, accurate as of the 1/2/2015.  These have been sourced from various companies providing portal frame sheds (C-Section) that are known within the industry to have the cheapest sheds and garages.  Note that these prices do not include delivery, erection, windows, personal doors, insulation or automatic door mechanism or plans in some cases!  In addition, they do not advertise what components they are using or what wind rating they are rated too, so this could go up significantly if you are in a high wind zone or an area that can get snow.

Caution: These are advertised prices without much about the actual components in addition this does not include buidling, you must see the detailed shed specification before you can make a true and accurate comparision.

 

Single Garage Cheap Prices

with Roller Door 2200h x 2770w or 2500h x 2770w 

 $2,400 : $2,730 – 3.6 meters x 7 meters x 2.4 meters high

$2,600 : $2,900 – 4.2 meters x 7 meters x 2.4 meters high

$3370 : $3,710 – 4.2 meters x 9 meters x 3.0 meters high

Double Garage Cheap Prices

with 2 x Roller Door 2200h x 2770w or 2500h x 2770w 

 $2,950 : $3,415 – 6 meters x 6 meters x 2.4 meters high

$3,650 : $4,060 – 6 meters x 7 meters x 3 meters high

$5440 : $5,950 – 7 meters x 10 meters x 3.0 meters high

There is no doubt these prices are from internationally sourced steel, just remember that you must compare quote for quote and all details must be included so you can fairly compare.  Do not buy the shed until you have seen the detailed specification of your shed or garage.  Not to mention you will want good service as often components will be missing or damaged.  Lesser shed companies will have one out of every ten sheds with damaged or missing parts, you need a distributor that provides great service when things go wrong.

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Shed Manufacturers and Insurance

Posted on : April 11, 2013

The Shed rumor mill is on overdrive at the moment with what is speculated as an inevitable collapse of a big shed player (although a similar rumor has been incorrect before).  Irrespective if this eventuates, it happened a number of times before and will happen again.  The consumer is the last one in line and they lose their money without receiving any goods.  There must be a way to protect the shed buyer in this case.

Should the parent shed companies mandate home warranty insurance as a condition of reselling their product – specifically protecting against liquidation?

This is the only way to protect consumers against liquidation (even though some providers of the insurance only cover 20% in that event).  The problem is that a great number of sheds are not covered as the mandatory home warranty insurance threshold is $20,000.  This is due to the cost of obtaining the insurance, as the shed price is significantly impacted.  The real problem is that the home warranty insurance should have far smaller premiums (as it is very rarely claimed) and the threshold should be revised downwards.

There is a three prong strategy required here.

  • Lobby the insurance companies and work harder and get more competition in this low risk insurance area to significantly reduce the premiums.
  • Lobby the government to reduce the mandatory threshold.
  • Ensure that 100% of the shed buyers outlay is covered in the case of liquidation.
  • Ensure that the mandated insurance does not impact the shed price too much.

The market is tight, and this is when poor process or high risk is punished.

 

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Shed Seller Statistics – 2011

Posted on : January 25, 2013

So what does this all mean?

The shed game is a competitive business to be in, there are lots of big players that have purchased steel sales and compete with the independents.  There is clearly a saturation of shed sellers in some areas and not enough in others.  This analysis attempts to show where Shed Sellers are clustered and to explore some variables that effect shed sales in these areas.

There are some variables that have an affect on shed sales and shed prices for that matter

  • Lot sizes
  • Population Growth
  • New housing construction
  • Average income
  • The number of Shed Sellers

So take a look and drill into your area for more details (all of the above).
 

Population growth within 200km of a Shed Seller

View Population growth within 200km of a Shed Seller in a full screen map

 

Average Lot Size within 50km of Australian Shed Sellers

View Average Lot Size within 50km of Shed Seller in a full screen map

 

Average Lot Size within 200km of Australian Shed Sellers

View Average Lot Size within 200km of Shed Seller in a full screen map

 

Number of new developments within 200km of Australian Shed Sellers

View in a full screen map

 

Average Income within 200km of Shed Seller

View in a full screen map

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Steel shed price Rise

Posted on : September 19, 2011

Steel Price Rise Due in next 3 to 7 Weeks

BlueScope Distribution has notified customers of an impending two tier price rise in the coming weeks. It involves a base steel rise of between $60 to $120 per tonne on most product groups. As well they will be implementing specific surcharges to recoup key costs. These surcharges will be provided shortly.

 

Steel Shed Prices will rise with Australian Steel?

 

This comes after a significant bonus of over $3 million was paid to Key BlueScope Management (11 people) as a reward for leadership – not profit incentive? The notification states that volitilty in steel prices, rising labour costs, rising freight costs, rising processing costs, rising warehouse costs, and a rise in general utilities are the reasons. Along with the iron ore and coal price increase that has caused the steel price rise – the others will be included in the additional surcharges.

They state they have begun to receive notice from their steel suppliers (BlueScope Steel) of pending price increases. This does not look good for further sales of BlueScope Steel in the shed industry. With imports on the rise at cheaper prices currently – this price rise will further erode steel sales by BlueScope.

It will also follow by a notification by One Steel on its price increase – so many of the big shed manufacturers will be importing direct to keep competitive in the shed industry. Many of the big reseller shed companies will want to lock in prices for as long as possible to avoid this increase. Negotiations are already occurring between some of the big rollformers and BlueScope, along with talks between rollformers and shed companies.

 

Have you been told of this price rise?

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Sheds & Garages Increase Value!

Posted on : July 16, 2011

Buyers and Renters demand a Shed.

Properties that have a seperate workshop, shed or garage have an advantage over properties without, by demanding higher sell prices, additional rent and also increase the chance of a sale or rental. In regional areas where the mining boom is prevelant, real estate agents report the advantages to property owners of the contsruction of a double garage or shed. Investment properties are sort after with the shed as an extra.

Reported in The Australian Property Investor – the article relates to Queensland towns of Mackay, Gladstone and Bowen. The comment by local realtor David Bugeja recently ” the ones to sell fastest were the properties with sheds”. He also reported that for a capital outlay of approximately $12,000 in a shed or garage – this will add an expected increase of $20,000 to the sale price and an extra $20 per week in rent.

In the same article Mr. Tooma of The Shed Company Mackay said “for between $10,000 and $12,000 a fully erected shed can be placed on site with the approval certificate, earthworks and concrete done”.

Even A Small Shed adds Value

The property investor can purchase a property with an existing shed or simply add a double garage to a property without. The end result is an increase in capital gain within a short time period or a guaranteed extra rental income. As stated in the article – it is wise to check local council requirements as to approvals, easements, sewerage locations and location.

For an investment of as low as $12,000 for a double garage to return an additional $8,000 extra is an extremely attractive option.

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Shed – $5 million for 100 sqm!

Posted on : June 30, 2011

This shed in 2008 was the most expensive property in Australia – wonder if it still is?

The 100 square meter old tram shed at Cremorne Point was bought in 2001 for $780,000 and converted to a house by the owner several years later – see the news article.

It had stood vacant from 1991 until this sale transformed it to Australia’s most valuable property which is now rented. It overlooks Syndey Harbour with views of the Syndey Harbour Bridge.

$50,000 per Square Meter

Mr Gilmour, the head of Huntingdale Properties, is currently looking to rent his unique home.
He said living there had been wonderful but his family had now outgrown the house.

Even Mum, Dad and one child would be squashed in 100 sqaure meters.

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How to cut your garage or shed prices!

Posted on : April 20, 2011

There are many tips and tricks that you can use to reduce shed prices, without compromising the engineering of the shed.

One such trick, to reduce your garage or shed prices, is to make sure the length of your shed takes on the largest dimension.

 

9 m x6 m x2.4 m

three car garage doors on side 3 by 3 bays

6 m x9 m x2.4 m

 

Shed Buyers will often increase the width of the gable (span) as per the first picture in preference to the length of the side as per the second picture.

The wider you go on the gable end the more effect you will have on the structural engineering requirements, meaning more steel and a bigger shed price.  If you want cheap shed prices, increase the number of bays (length) of the shed, as you will not be  modifying the basic structural engineering requirements.

What do you think the difference in shed prices is between the two above sheds?  Remember they have exactly the same room in the shed (54 meters squared). The shed price difference is a marked 5-9% difference, by simply increasing the gable end (top picture) over the length (bottom).

If you want to keep you shed prices down, make sure that you increase the length over the gable.  Kit Sheds are designed to be extended in bays, indefinitely length wise.

An additional examples is

A 7 meters wide x 9 meters long x 2.4 meters high shed, compared to a 9 meters wide x 7 meters long x 2.4 meters high shed.  There is approximately a 3-6% difference in shed price.

The amount of shed price variation will vary according to the shed seller (as they all have slightly different engineering), however you can rest assured there will be an increase in shed price if you select a larger gable, no matter the shed seller you choose.

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