How it works

You buy a home that is already finished.

Pearson Bros Homes develops and sells completed, turnkey homes across South-East Queensland. The home is finished before it is listed, so you see the actual property, agree a fixed price, and settle on a normal property timeline. No progress payments, no build wait.

General information only, not financial advice. Last updated: June 2026.

What turnkey actually means

Turnkey means delivered finished. By the time a Pearson Bros home is listed, every finishing trade is done. There is nothing left for you to organise, choose or fit out. You settle, you get the keys, and you move in or lease it straight away.

A completed Pearson Bros home arrives with all of this already in place:

Floor coverings throughout, laid and finished.
Light fittings and taps installed and working.
A complete kitchen, including appliances.
Landscaping, turf and gardens established.
Fencing, the driveway and the letterbox, all in.
A 12-month post-handover maintenance period once you move in.

This is a genuinely different product from the "turnkey" most builders in these corridors advertise. There, turnkey usually means a build-to-order home finished to a fixed spec, but you still sign before it exists and wait out the build. With Pearson Bros, the home is already standing and finished when you see it.

How this is different from off-the-plan or building

Most house-and-land in Logan, Ipswich, Moreton Bay and the Scenic Rim is sold build-to-order: a separate land contract plus a build contract, progress payments through construction, and a wait before you can move in. A completed home removes all of that.

Single contract of sale, not land plus build

Fixed

Price agreed up front, no cost variations

~30-60

Days to settle on a normal property timeline

Settlement timing is indicative of a standard Queensland property transaction and can vary with your finance and conveyancing.

What that means in practice:

No progress payments. You are buying a finished home, not funding a build in stages.
No cost variations. The price is fixed at the contract of sale; there is no build budget to blow out.
No build delays. The home already exists, so there is no construction timeline to slip.
You see the actual home. Not a render, not a display home, the real property you are buying.
Settle and move in or lease now. A standard settlement of about 30 to 60 days, then it is yours.

Who buys completed homes

Because the home is finished and the transaction is simple, completed homes suit a range of buyers: owner-occupiers who want to move in without managing a build, first-home buyers of new homes (who pay nil Queensland transfer duty with no value cap on contracts dated from 1 May 2025, and may use the First Home Guarantee with a 5 percent deposit and no LMI up to the $1,000,000 Greater Brisbane price cap from 1 October 2025), downsizers aged 55 and over after a low-maintenance single-level home, and investors who want a ready-to-lease asset, including duplex and dual-key layouts for dual income.

Sources: Queensland Revenue Office first-home new-home transfer duty concession, nil duty with no value cap for contracts dated 1 May 2025 onwards (qro.qld.gov.au); First Home Guarantee Greater Brisbane price cap $1,000,000 with income tests removed from 1 October 2025, Housing Australia (housingaustralia.gov.au).

An SMSF can also purchase a completed home outright as a cash purchase. A proposed ban on new SMSF residential borrowing (LRBAs) was announced on 23 June 2026 and is expected to commence around mid-August 2026, but it is not yet law, existing arrangements are grandfathered and commercial property is excluded. Because Pearson Bros sells a completed home under a single contract of sale, there is no build risk inside the fund. Always confirm SMSF suitability with your accountant or a licensed specialist.

How the home is built and warranted

Every Pearson Bros home is built by FRD Homes (QBCC licence 15046435), a related builder under common family ownership, to the NCC 7-Star energy standard. It carries a seven-year structural warranty under the QBCC Home Warranty Scheme, plus a 12-month post-handover maintenance period. We develop and sell the finished home; the building is handled before it ever reaches the market.

Frequently asked questions

What does turnkey mean?

Turnkey means the home is delivered completely finished, ready to live in or lease the day you settle. Floor coverings, light fittings, taps, the kitchen, landscaping, fencing, the driveway and the letterbox are all done before the home is listed. Pearson Bros Homes develops and sells these completed homes, so there is nothing left for you to organise, fit out or finish. Each home also comes with a 12-month post-handover maintenance period.

How is this different from off-the-plan or building?

With off-the-plan or a build-to-order house-and-land package you sign before the home exists, then pay progress payments through a build that can run for many months, and the final result can vary from the plan. A completed Pearson Bros home already exists. You see the actual finished home before you buy, there are no progress payments and no cost variations, the price is fixed, and you settle on a normal property timeline of about 30 to 60 days. It is one contract of sale, not a separate land contract plus a build contract.

What warranties come with the home?

Every Pearson Bros home is built by FRD Homes (QBCC licence 15046435) to the National Construction Code 7-Star energy standard. It carries a seven-year structural warranty under the QBCC Home Warranty Scheme, plus a 12-month post-handover maintenance period after you move in. Pearson Bros Homes develops and sells the completed home under a single contract of sale.

See homes that are finished and ready now

Browse completed, fixed-price homes across South-East Queensland and settle on a normal property timeline.

View available properties

General information only. Buyer-incentive figures are indicative, sourced as noted and accurate to the date shown; eligibility and entitlements depend on your circumstances and the rules in force at the time. Nothing here is financial, tax or legal advice. SMSF suitability depends on your fund's circumstances; obtain advice from your accountant or a licensed SMSF specialist before investing.