Can You Buy A Display Home?
Our guide to buying a display home for homeownership
Buying a display home can be a unique and exciting opportunity for homeowners. Display homes are generally professionally styled properties and are often considered dream homes with premium features and designer finishes. But is purchasing a display home the right choice for your family? In this blog, we’ll explore how to buy the display home of your dreams, the pros and cons and key factors to evaluate before deciding.
Can you buy a display home?
Yes, display homes are often available for purchase after they have been open for several years. These properties offer a unique chance for buyers to own a near-new home that has been meticulously maintained and styled to perfection. While display homes are popular among investors, they can also be a fantastic option for families looking to move into a fully upgraded, ready-to-live-in home.
How to buy a display home?
Display homes are essentially a top-of-the-line example of a builder's home designs - showcasing innovative layouts, upgrade opportunities and styling options. Display homes come with plenty of fixtures and fittings not necessarily included as standard.
If you’re considering buying a stunning display home, here’s what the process typically involves:
- Research available display homes:
Builders like Carlisle Homes list display homes for sale on their website.. - Visit display villages:
Touring a display village lets you see the homes in person and evaluate their features, layouts, and locations. Display homes are generally located in the best part of the new land estate and provide an opportunity to purchase one of the best homes on the best streets. - Evaluate the property:
Assess the home’s quality, fixtures, and landscaping to ensure it meets your needs. As you're not building the home from scratch, you'll need to ensure it suits your needs. - Finalise the purchase:
Work with the builder or agent to complete the sale, considering factors such as stamp duty and settlement terms.
The pros and cons of buying a display home instead of building a new home.
The benefits of buying a display home for homeownership
Display homes are typically a strong investment. Consider the benefits of buying a display home and whether it suits your needs:
- Premium features:
Display homes are designed to showcase the builder’s best work, often including high-quality materials, premium fittings, and designer landscaping. - Turnkey living:
Move-in ready with no need for additional upgrades or renovations. - Professionally maintained:
Builders keep these homes pristine for display purposes, ensuring they look and feel brand new.
Challenges to consider
- Location limitations:
Display homes are often located in new estates, which may lack established amenities or infrastructure. Sometimes, if the estate has been open for several years and is a master-planned community, infrastructure, including schools, childcare, and shops, can be very well established. - Wear and tear:
While maintained, minor signs of use from foot traffic may be present. However, these homes are professionally cleaned throughout the week, so the wear and tear should be minor. - Depreciation:
While display homes offer tax benefits through depreciation, these deductions may decrease over time as the property ages.
Factors to consider before buying a display home
When considering buying a display home, keep these points in mind:
| Factor | Key Considerations |
| Location | Is the home in a desirable estate with growth potential? It's wise to consider that other homes in the area will also be of a high standard. |
| Stamp Duty | Understand the costs involved, including stamp duty and other fees. When you build a brand new home, you only pay stamp duty on the land. |
| Quality of Fixtures | Are the materials and fittings suitable for long-term use? Are items such as furniture included in the sale, or do you have access to furniture at a discounted price? |
| Resale Potential | How do the location and quality of the home impact future resale value? Display homes usually have top-notch features and offer a solid return on investment. |
Are display homes a good choice for families?
Display homes can be an excellent choice and home investment for families seeking a near-new home with premium finishes. These homes often include features like:
- Open-plan layouts for easy family living.
- Stylish kitchens with top-of-the-line appliances.
- Fully landscaped gardens, perfect for outdoor activities.
Frequently Asked Questions
How do I know if a display home is right for my family?
A display home could be a great option if you value premium finishes, low-maintenance living, and a ready-made home. Ask yourself, "Should I buy a display home?"
Do display homes come with furniture?
Some display homes are sold with furniture or decor at a discounted price. This can be an added bonus for families looking to move in quickly without the hassle of furnishing a home.
Do I need to pay stamp duty when buying a display home?
Stamp duty applies when purchasing a display home, just like any other property. The amount will depend on the home’s purchase price and your state or territory’s regulations. Calculate stamp duty with our online calculator.
Are display homes considered quality homes?
Absolutely. Builders use display homes to showcase their capabilities, often including the best materials, fittings, and design features. You just need to walk through one of our display homes to see the quality for yourself.
Where can I buy a display home?
Carlisle Homes offers a wide range of display homes across Melbourne, Geelong, and surrounding areas, making it easy to find the perfect property for your needs. Our display homes are located in well-established and emerging estates, providing families with access to quality homes in desirable locations.
Buying an ex-display home from Carlisle Homes
Buying a display home offers an exciting opportunity to own a high-quality, move-in-ready property. With stunning features, professional styling, and minimal maintenance required, display homes are an appealing option for families. However, evaluating location and long-term goals is crucial before deciding.
If you want to purchase one of our stunning display homes, then keep your eye on our display homes for sale page. Carlisle Homes offers a range of beautifully presented display homes designed to meet your family’s needs. Contact our team today to learn more!