8 Fernleaf Court Build
Construction Project Report · 8 Fernleaf Court, Mount Waverley · Active · Prepared 04/08/2026
Spent
$412,300
55.7% of $740,000 budget
Cash in bank
$86,400
$14,200/week burn
Loan drawn
$330,000
61.1% of $540,000 facility
Forecast final cost
$758,500
$18,500 over budget
In brief The project has spent $412,300 (55.7% of the $740,000 budget) over 26 weeks. On current commitments the final cost lands about $18,500 over budget . Cash of $86,400 covers roughly 6 more weeks at the current pace (to around 15/09/2026), with $210,000 of the loan facility still undrawn.
Summary
Started
03/02/2026 · target finish 18/12/2026 · 26.1 weeks elapsed
Budget
$740,000 · spent $412,300 (55.7%) · remaining $327,700
Cash in bank
$86,400
Loan drawn
$330,000 of $540,000 (61.1%)
Committed (unpaid)
$64,800 · quoted $38,200
Forecast final cost
$758,500 ($18,500 over budget) · reached around 22/12/2026
GST paid
$37,480
Weekly burn
$14,200 · runway ~6 weeks (funds run out around 15/09/2026)
Budget vs Actual
Stage Budget Paid Committed Remaining Site & slab $92,000 $96,400 — −$4,400 Frame $118,000 $114,200 — $3,800 Lock-up $164,000 $142,600 $21,500 −$100 Fixing $196,000 $59,100 $43,300 $93,600 Completion $170,000 $0 — $170,000
Drawdown Schedule - Planned vs Actual
Stage Planned date Planned Actual date Drawn Base · Eastbank 28/02/2026 $81,000 05/03/2026 $81,000 Frame · Eastbank 24/04/2026 $108,000 29/04/2026 $108,000 Lock-up · Eastbank 26/06/2026 $141,000 10/07/2026 $141,000 Fixing · Eastbank 04/09/2026 $113,000 — — Completion · Eastbank 11/12/2026 $97,000 — —
Expenditure vs Cash vs Loan
$450k $340k $225k $110k $0 3 Feb 30 Mar 25 May 13 Jul 4 Aug Expenditure Cash in bank Loan drawn
Expenditure line draws in your accent colour in the real report. Steps in the loan line are drawdowns.
Spend by Stage
Stage Spent Share Lock-up $142,600 34.6% Frame $114,200 27.7% Site & slab $96,400 23.4% Fixing $59,100 14.3%
Transactions
(Most recent of 87 transactions shown in this example - the real report lists every transaction with running balances.)
Date Type Stage / description Status Amount GST Cash Loan drawn 28/07/2026 Expense Fixing · Plaster - progress claim 2 Paid −$18,700 $1,700 $86,400 $330,000 21/07/2026 Expense Fixing · Internal doors & hardware Paid −$9,340 $849 $105,100 $330,000 10/07/2026 Loan drawdown Lock-up · Eastbank Paid +$141,000 — $114,440 $330,000 08/07/2026 Expense Lock-up · Roofing final claim Paid −$24,200 $2,200 — $189,000
Figures reflect the transactions recorded at the preparation date.