House Designs Under $400K | Masterton Homes NSW

House Designs Under $400K

For over 60 years, Masterton has been building quality homes across Sydney, the Hunter Valley, Central Coast, Southern Highlands, Illawarra, South Coast and the Eurobodalla region of NSW. Our Evolve Collection includes selected home designs available within this price range, offering practical layouts, modern finishes, and trusted construction standards. If you’re searching for home designs from under $400k, Masterton provides affordable options that balance comfort, style, and long-term value.

AWARD WINNING UNDER $400K

Home Designs

Masterton’s home designs under $400k are drawn from our Evolve Collection, created to deliver smart, functional living at an accessible price point. These designs are typically well-suited to standard suburban blocks and commonly feature three to four bedrooms, open-plan living areas, and practical layouts designed for modern family life.

While streamlined in selection and specification, every Evolve home is built to Masterton’s established construction standards. By focusing on efficient design, simplified inclusions, and considered floorplans, we’re able to offer selected designs within this price range without compromising structural quality or liveability.

Under $400K Home Designs

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Brentwood 4 Bed

Lakeside

Lakeside

1 of 1

4
2
1
10.5m

Sizes available

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Bridgedale Option 1

Prime

Prime

1 of 1

3
2
1
10m

Sizes available

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Lakewood

Freedom

Freedom

1 of 1

4
2
2
13m

Sizes available

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Montecito

Universal

Universal

1 of 1

4
2
2
12.5m

Sizes available

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San Diego

Highlands

Highlands

1 of 1

4
2
2
13m

Sizes available

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Santa Cruz Option 1

Highlands

Highlands

Lux

Lux

Urban

Urban

Prime

Prime

Lakeside

Lakeside

Freedom

Freedom

North Hampton

North Hampton

Chic

Chic

Universal

Universal

Destiny external colour scheme Freedom facade

Destiny external colour sche...

Discovery external colour scheme Freedom facade

Discovery external colour sc...

Escape external colour scheme Freedom facade

Escape external colour schem...

Retreat external colour scheme Freedom facade

Retreat external colour sche...

Vivid external colour scheme Freedom facade

Vivid external colour scheme...

1 of 14

4
2
2
13m

Sizes available

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Santa Monica

Urban

Urban

1 of 1

4
2
2
12m

Sizes available

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Venice Option 1

North Hampton

North Hampton

1 of 1

3
2
1

Sizes available

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WHY CHOOSE MASTERTON FOR HOUSE DESIGNS

Under $400k?

Decades of Building Experience

With over 60 years of experience, Masterton Homes is one of the most trusted names in home building across Sydney and NSW. We’ve mastered every stage of the building process, from selecting practical, cost-effective designs to delivering high-quality construction that stands the test of time. Our understanding of local council requirements and building standards ensures your home is compliant, carefully planned, and professionally delivered.
Premium Quality

As one of Australia’s most awarded builders, Masterton maintains consistent construction standards across all collections. Our under $400K Evolve homes are thoughtfully designed to balance affordability with quality, offering practical inclusions and efficient layouts suited to first home buyers, growing families, and budget-conscious homeowners.
Comprehensive Service

At Masterton, we understand that building within a defined budget requires clarity and structure. That’s why we provide end-to-end service from initial consultation through to final handover. Our team offers clear communication, consistent support, and transparent guidance to help you move forward with confidence.

Decades of Building Experience

With over 60 years of experience, Masterton Homes is one of the most trusted names in home building across Sydney and NSW. We’ve mastered every stage of the building process, from selecting practical, cost-effective designs to delivering high-quality construction that stands the test of time. Our understanding of local council requirements and building standards ensures your home is compliant, carefully planned, and professionally delivered.

Premium Quality

As one of Australia’s most awarded builders, Masterton maintains consistent construction standards across all collections. Our under $400K Evolve homes are thoughtfully designed to balance affordability with quality, offering practical inclusions and efficient layouts suited to first home buyers, growing families, and budget-conscious homeowners.

Comprehensive Service

At Masterton, we understand that building within a defined budget requires clarity and structure. That’s why we provide end-to-end service from initial consultation through to final handover. Our team offers clear communication, consistent support, and transparent guidance to help you move forward with confidence.

LUXURY INCLUSIONS FOR HOMES

Under $400k

Homes available within this price range are typically part of our Evolve Collection, offering a streamlined selection pathway and carefully considered inclusions designed to support modern living. Quality flooring, functional kitchen layouts, and durable finishes provide a strong foundation for everyday comfort.

By focusing on efficient specifications and practical design choices, Evolve homes deliver affordability without unnecessary complexity. For buyers wanting to personalise their home further, upgrade options are available to enhance finishes and features within budget considerations.

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santa cruz short rec Luxury Incusions 655x736

THE FINANCE HELP YOU NEED FOR A HOUSE DESIGN

Under $400k?

Masterton’s Home Lending Hub, in partnership with Trinity Financial Services, simplifies the lending process by giving you access to more than 50 lenders. Whether you’re looking to secure competitive rates or explore construction loan options, our lending specialists guide you through fixed, variable, redraw, and line of credit facilities.

You can also take advantage of Homepay, Masterton’s flexible “Build Now, Pay Later” solution. With up to 12 months of no out-of-pocket repayments on land and construction, Homepay provides additional flexibility while your new home is being built.

Whether you’re upgrading, expanding, or building your first home, Masterton’s finance solutions help bring your dream to life sooner.

Our team guides you every step of the way: choose your design, finalise your selections, build with the latest materials and craftsmanship. With this support, your dream double story home can become a reality sooner.

FEATURED HOMES

Our most popular designs

Santa Monica

Santa Monica

The Santa Monica home design features a stylish, family-focused layout centred around a modern kitchen with an island bench and optional butler’s pantry*. Overlooking spacious open-plan living and dining areas, the design flows seamlessly to an alfresco, perfect for entertaining and everyday living.

Enjoy added comfort with a dedicated home theatre, light-filled bedrooms with ample storage, and a luxurious master suite designed for relaxation. A smart choice for families seeking space, style, and functionality in one beautifully designed home.

Brentwood

Brentwood

The Brentwood range of single storey homes is inspired by the classic Californian bungalow, combining timeless style with modern open-plan living. At the heart of each design is a spacious kitchen, living and dining area with an island bench and optional butler’s pantry*, flowing seamlessly to an alfresco for easy indoor-outdoor entertaining.

Designed for comfort, these homes feature a resort-style master suite, generously sized bedrooms, a stylish bathroom with optional freestanding bath*, and a dedicated home theatre. Perfect for families seeking a stylish, functional home with premium inclusions.

Bridgedale

Bridgedale

The Bridgedale range of compact single storey home designs is purpose-built for narrow blocks, maximising every inch of space without compromising on comfort or style. These smart, modern homes deliver exceptional value, combining efficient layouts with functional design for everyday living.

Featuring generously sized bedrooms and well-planned open living areas, the Bridgedale range is ideal for growing families seeking a practical yet stylish home. Select designs also include premium features such as a home theatre or media room, walk-in pantry, and a covered alfresco* area - perfect for outdoor entertaining all year round.

If you’re building on a narrow lot, Bridgedale offers a clever, space-efficient solution designed to make the most of your block while maintaining the quality and lifestyle Masterton Homes is known for.

Santa Monica

The Santa Monica home design features a stylish, family-focused layout centred around a modern kitchen with an island bench and optional butler’s pantry*. Overlooking spacious open-plan living and dining areas, the design flows seamlessly to an alfresco, perfect for entertaining and everyday living.

Enjoy added comfort with a dedicated home theatre, light-filled bedrooms with ample storage, and a luxurious master suite designed for relaxation. A smart choice for families seeking space, style, and functionality in one beautifully designed home.

Brentwood

The Brentwood range of single storey homes is inspired by the classic Californian bungalow, combining timeless style with modern open-plan living. At the heart of each design is a spacious kitchen, living and dining area with an island bench and optional butler’s pantry*, flowing seamlessly to an alfresco for easy indoor-outdoor entertaining.

Designed for comfort, these homes feature a resort-style master suite, generously sized bedrooms, a stylish bathroom with optional freestanding bath*, and a dedicated home theatre. Perfect for families seeking a stylish, functional home with premium inclusions.

Bridgedale

The Bridgedale range of compact single storey home designs is purpose-built for narrow blocks, maximising every inch of space without compromising on comfort or style. These smart, modern homes deliver exceptional value, combining efficient layouts with functional design for everyday living.

Featuring generously sized bedrooms and well-planned open living areas, the Bridgedale range is ideal for growing families seeking a practical yet stylish home. Select designs also include premium features such as a home theatre or media room, walk-in pantry, and a covered alfresco* area - perfect for outdoor entertaining all year round.

If you’re building on a narrow lot, Bridgedale offers a clever, space-efficient solution designed to make the most of your block while maintaining the quality and lifestyle Masterton Homes is known for.

santa cruz SQ body image template Knock down 668x668

KNOCK DOWN AND REBUILD WITH

A Defined Budget

If you love your location but your existing home no longer suits your needs, consider a Knock Down Re-build. Selected Evolve homes can be suitable for KDR projects where block dimensions and access allow.

Knock down re-build cost will vary based on demolition coordination, site works, home size, and inclusions but can typically be cheaper per square meter when compared with comprehensive renovations. While Masterton does not undertake demolition directly, we can connect you with trusted partners and help coordinate the process to ensure a smooth transition from old home to new.

Ready to knock down and rebuild your dream home? Learn more about our KDR process.

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FAQS

Home designs under $400K

Yes, it absolutely does! Masterton offers a range of house designs under $400K, with many options available from our popular Evolve Collection. It’s a smart entry point into building without compromising on quality or design.

Final pricing will vary based on your block conditions, site requirements, and selected inclusions, but affordable, well-designed homes are very much within reach.

Homes under $400K price range include almost all single storey Evolve designs, typically offering three to four bedroom layouts and spacious open plan living areas. Explore your house design options today.

*Based on Sydney Pricing. Correct as of March 2026.

Pricing varies depending on site conditions, council requirements, and additional works. An initial consultation helps clarify the full scope of your build and associated costs.

*Based on Sydney Pricing. Correct as of March 2026.

Yes. While inclusions and selection pathways are streamlined, Evolve homes maintain Masterton’s established construction standards and quality controls.

Yes. Upgrade options are available, allowing you to personalise finishes and features within your budget—however, more extensive selections may take the total investment beyond $400k, while still delivering outstanding value.

*Based on Sydney Pricing. Correct as of March 2026.

Many designs within this price range are well suited to first home buyers seeking practical layouts and long-term value.

In most cases, yes. Suitability depends on block size, access, and site conditions. Our team can assess whether a KDR (Knock Down Rebuild) project aligns with your chosen design and budget.

With over 60 years of experience and a reputation for quality construction, Masterton provides structured guidance, trusted building standards, and practical designs that support growing families and budget-conscious homeowners. Explore our designs online, visit a display home, or speak with a new home consultant.

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