Fixed Price = Certainty
Investors want to know exactly what the property will cost, with no surprise costs during construction.- No budget blowouts
- Easier to get finance approved
- Aligns with investment planning and cash flow forecasting
- No cost increases if the package is bought much before the land Registration Date
Full Turnkey = Ready to Rent
“Turnkey” means the home is 100% move-in ready: you can literally turn the key, and a tenant can move in. This includes:- Landscaping, fencing, driveway, clothesline
- Letterbox, blinds, flyscreens, even air-con
- Sometimes also includes NBN connection and TV antenna
Time Efficiency
Investors are often buying interstate or from overseas and prefer not to manage construction. A fixed-price turnkey package:- Reduces the need for constant oversight
- Gets the property tenanted faster
- Allows investors to focus on portfolio building
Tax & Depreciation Benefits
Turnkey packages make it easy for investors to:- Claim full depreciation on the building and inclusions
- Maximise returns using quantity surveyor reports
Aligns with Off-the-Plan Strategies
In growth corridors, many investors buy off-the-plan:- Lock in today’s price
- Ride capital growth through build
- Turnkey means no delays in earning rental income once built
Example
An investor buys a 4-bed, 2-bath turnkey house in South Ripley for $620,000. When construction is complete:- The home is landscaped, fenced, has blinds and appliances
- A tenant moves in within a week of handover
- Investor avoids spending an extra $15–20k on finishing items