Everything You Need to Know About Buying a Ready Home

As you navigate your journey to homeownership, you may have heard the term ‘Ready Home’ or ‘Turnkey Home’.

Keep reading to explore what Ready Homes are, and why they could be the perfect choice for you.

Click to discover the Panorama Ready Homes Collection.

What is a Ready Home?

Ready Homes, also referred to as Completed Homes or Turnkey Homes, are fully-equipped homes where everything has been taken care of for you, from colour selections to permits, so you can enjoy the ease of owning a brand-new home.

If you’re looking for a hassle-free pathway to homeownership, you don’t have time to manage your new home construction or you live out of town, then choosing a Ready Home could be the perfect option.

Many Ready Homes feature fixed price contracts and a simple 10% deposit, with the balance due at settlement and no progress payments.

What’s the difference between a Ready Home and a House & Land Package?

Unlike a typical house and land package that requires a deposit and progress payments throughout the stages of construction, you only need to pay a 10% deposit to secure a Ready Home, with nothing else to pay until settlement. This means you can continue to save money while your home is being built.

10 benefits of a Ready Home

Purchasing a Ready Home comes with a host of benefits we think you’ll love:

1.  Simple Payment Structure

   Ready Homes only require an initial deposit of 10% with the balance due at settlement. No progress payments are required.

2. Bolster your Savings While your Home is Built
   With no progress payments and only an initial 10% required, you can continue to save money while your Ready Home is being built.

3. Get in Early and Personalise
   Secure your new home early and personalise it with the available optional extras.

4. Energy Efficiency
   Newly constructed homes boast a 7 Star NatHERS rating, ensuring lower energy bills and a more sustainable living environment.

5.  Low Maintenance
   Being brand new, Ready Homes eliminate the need for weekend repairs and maintenance, giving you more free time.

6. Modern Features

   Enjoy the latest interior finishes and fixtures with a higher level of quality and style included in every Ready Home.

7. Warranty
   All Ready Homes warranties are in accordance with the Victorian Domestic Building Contract plus coverage for appliances and systems. This provides peace of mind against unexpected issues during the initial years of home ownership.

8. Hassle Free Process

   We’ve done all the hard work for you: colour selections, paperwork, land settlement, building permits, and insurance are all taken care of.

9. Enhanced Accessibility

   Designs offer greater mobility and easier access, making Ready Homes ideal for young families, those with disabilities, injuries or mobility issues.

10. Ready-to-go Income for Investors

    Start generating passive income sooner with a Panorama Ready Home. There's no need to renovate before renting it out, allowing you to have tenants in your property almost immediately.

Click here to be among the first to discover the Panorama Ready Homes Collection.