Guide · Inclusions

Turnkey vs base price, explained

A base price is the build only, on a standard block with standard inclusions. A turnkey price adds everything needed to move straight in: flooring, blinds, fencing, driveway, landscaping and site costs. The Property Plug normalises every panel quote to the same basis, so you compare the real landed number rather than two different finishing lines.

A from price is a starting line, not a finishing one. The single biggest mistake Perth buyers make is comparing one builder base price against another builder turnkey price and assuming the cheaper number is the better deal. It almost never is. Here is exactly what sits inside each, and how to read a quote properly.

01 The two numbers

What base price and turnkey actually mean

Every Perth builder quote sits somewhere on a spectrum between these two numbers. Knowing where a quote sits is the whole game. Design from-prices on our panel start $309,218 as a base build, and the turnkey figure for the same home is meaningfully higher because it carries the finishing items below.

02 What sits in the gap

The items that separate base from turnkey

The gap between a base price and a turnkey price is not a markup. It is the real cost of the items a base price leaves off. The table shows where each typically lands.

ItemIn a base price?In a turnkey price?
Structural buildYesYes
Standard kitchen + bathroomsYesYes
Site costs for your blockUsually an allowance onlyYes, real costs
Flooring throughoutNoYes
Window treatments / blindsNoYes
FencingNoYes
Driveway + pathsNoYes
LandscapingNoYes

Indicative only. Exact turnkey inclusions vary by builder. Always confirm the line-item list. Figures and inclusions current 14 June 2026.

03 Which suits you

Base price or turnkey, who each suits

Turnkey suits most first home buyers because the price you sign sits close to the price you pay, with fewer surprises at colour selection. A base price suits buyers happy to project-manage flooring, fencing and landscaping themselves to control spend. The right choice depends on your budget certainty and how much you want to manage.

  1. Choose turnkey if you want price certainty, you are using a tight deposit, or you simply want to move in without managing trades after handover.
  2. Choose base if you have time and appetite to organise finishing items yourself, and you understand the real cost of those items so your budget is honest.
  3. Either way, compare like for like. Base against base, or turnkey against turnkey. Never one builder base against another builder turnkey.
The trap

The cheapest from-price often becomes the most expensive home once the extras land. A base price with a thin inclusions list and an optimistic site allowance can finish higher than a turnkey quote that looked dearer up front.

04 How a broker helps

Comparing quotes on the same basis

This is the work we do before you sign. We take each panel builder quote and normalise it to the same basis, so you are comparing the true landed number rather than two different finishing lines. We publish real siteworks for 102 Perth suburbs, which is the figure a base price usually hides behind an allowance. We are paid by the builder, never by you.

JM
Jesse Marchione
The Property Plug

Jesse works across the panel on inclusions and pricing, pressure-testing what each builder really covers so buyers compare like for like. He writes about reading quotes, inclusions and getting a fair number.

FAQTurnkey vs base price, answered
What is the difference between a turnkey price and a base price?

A base price (the from-price) is the build only, on a standard block with standard inclusions. A turnkey price adds everything needed to move straight in: flooring, blinds, fencing, driveway, landscaping and site costs. Comparing a base price against a turnkey price is the most common way buyers misread a Perth builder quote.

Does a turnkey home include everything?

Turnkey means you can turn the key and live there, but the exact inclusions vary by builder. A genuine turnkey package covers floor coverings, window treatments, fencing, driveway, landscaping and site costs. Always check the turnkey inclusions list line by line, because one builder turnkey is not identical to another.

Is a base price or turnkey price better for first home buyers?

Turnkey suits most first home buyers because the price you sign is close to the price you pay, with fewer surprises at colour selection. A base price suits buyers happy to project-manage finishing items themselves to control spend. The right choice depends on your budget certainty and appetite for managing trades.

Why is a turnkey price higher than a base price?

A turnkey price is higher because it includes the finishing items a base price leaves out: flooring, blinds, fencing, driveway, landscaping and site costs. The gap is not a markup, it is the real cost of a liveable home that the base price simply does not show.

How do I compare two builder quotes fairly?

Compare like for like: base against base, or turnkey against turnkey, never one against the other. We are paid by the builder, never by you. The Property Plug normalises every panel quote to the same basis so you compare the true landed number, not two different finishing lines.

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Compare quotes on the same basis

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