Masterton Homes a multitude of house designs under $500k across both the Evolve and Ultimate Collections, providing a range of options to suit different lifestyles and budgets. Final pricing for homes under $500k will vary depending on block conditions, site costs, and selected inclusions, ensuring each home is tailored to your specific requirements.
Homes in this price range include almost all Evolve designs under $500k, along with a wide selection of Ultimate single and double storey homes under $500k, typically offering three to five bedroom layouts and spacious open plan living areas. Explore your house design options under $500k today.
*Based on Sydney Pricing. Correct as of March 2026.
Yes it does! Pricing for house designs under $500k can vary depending on site conditions, local council requirements, and any additional works required. An initial consultation with a Masterton New Home Consultant will help clarify the full scope of your build and provide a clear understanding of associated costs.
Many of our Evolve Collection two storey designs may be available within this price range, depending on block and specification.
*Based on Sydney Pricing. Correct as of March 2026.
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 $500k, yet still providing exceptional 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.

FACADE
FLOORPLAN
HYBRID







































Email
Copy link
Download PDF