Simonds Homes Reviews: What Investors Should Know (2026)

New house under construction

Quick answer: Simonds Homes is a volume builder established in 1949 and owned by ASX-listed Simonds Group Limited. It builds in Victoria, Queensland, South Australia and Western Australia, offers dual occupancy designs, and promotes a lifetime structural guarantee that is only provided to the original owner. Its ProductReview.com.au listing showed 4.4 out of 5 from 3,099 reviews when we checked.

Simonds is one of the few listed home builders in Australia, so some of its financial information is public. This Simonds Homes review covers the group, its guarantees and their conditions, how its packages are sold, its review ratings and what to check before you sign.

 

Who Is Simonds Homes?

According to the Australian Business Register (ABR), its website and its ASX announcements:

  • Its main building company is Simonds Homes Victoria Pty Ltd (ABN 35 050 197 610), owned by Simonds Group Limited (ABN 54 143 841 801), which listed on the ASX in 2014
  • It was established in 1949, and its head office is in Docklands, Melbourne
  • Its website shows licences VIC CDB-U 49491, QLD QBCC 1192095, SA 237036, NSW 140646C and WA BC106672
  • Its executive chair and CEO is Rhett Simonds, according to Simonds Group
  • For FY26, Simonds Group reported revenue of $729.2 million, net profit after tax of $10.5 million and 1,772 site starts, according to its ASX results announcement

Simonds Homes is not connected to similarly spelled businesses such as Simmonds Quinn Homes. Because the group uses separate state companies, check which one is named on your contract.

 

Where Simonds Homes Builds

Simonds’ website covers Victoria, South Australia, Queensland and Western Australia. Its FY26 results say it expanded into Western Australia through a joint venture with Atlas Building.

 

Simonds Homes House and Land Packages and Guarantees

Simonds sells eight ranges, including Emerge, Elevate, Elite, Masterpiece, Ready Now and Townhomes. In Victoria, the designs we saw were priced from $229,600 to $270,600, and its house and land packages ranged from $617,680 to $774,808 when we checked.

For investors, it offers dual occupancy designs priced from $293,800 to $435,700 per unit when we checked.

Simonds Homes promotes these guarantees, all with conditions:

  • Price hold: 12 months from the initial fee payment on its Elite, Elevate and Emerge ranges. Its terms say the price can still change for late information, authority requirements, variations or breach
  • Site start: a “guaranteed site start”, which its terms say must be read with the building contract and can be postponed
  • Build time: on Ready Now homes only, “reasonable endeavours” to complete construction within 120 days after purchase
  • Structural: a lifetime structural guarantee covering foundations and wall and roof framing, for damage of Category 3 or higher under AS2870. It is “only provided to the original home owner” and is “not transferable”

Because the structural guarantee doesn’t pass to a later buyer, it may matter less to an investor who plans to sell. Ask what warranty a future owner would have.

 

How Simonds Homes Packages Are Sold

Simonds sells directly. It says it has partnered exclusively with Loan Gallery, which it describes as independent of Simonds Homes. We found no information on its website about third-party marketers. Ask whether anyone involved in your purchase is paid a referral fee.

What it means for you: when a package is sold through a marketer or investment group, that seller is commonly paid a commission by the builder or developer. That commission is part of the package price, whether or not it’s shown on the contract. Builder commissions can run into tens of thousands of dollars. Here’s how hidden commissions in house and land packages work.

Been shown a Simonds Homes package?

Before you sign anything, see exactly how the price is structured, including any commission built into it.

GET MY PACKAGE CHECKED → or call 1300 446 445

 

Simonds Homes Review Ratings

When we checked ProductReview.com.au, Simonds showed 4.4 out of 5 from 3,099 reviews. Ratings change over time, so check the current listing.

 

Pros and Cons of Simonds Homes

Strengths (based on Simonds’ materials and reviews):

  • Long-running builder owned by an ASX-listed group that publishes its results
  • Operates in four states
  • Dual occupancy designs for investors
  • Published price hold on three ranges

What to weigh up:

  • Structural guarantee is not transferable to later owners
  • Site start dates can be postponed under the contract
  • Build-time commitment applies only to Ready Now homes
  • Several state companies, so confirm who you contract with

 

Questions to Ask Before You Sign a Simonds Homes Package

  1. Who is selling me this package, and is anyone paid a commission? How much?
  2. Which Simonds company signs my contract, and under which licence?
  3. What warranty would a future buyer have, given the structural guarantee isn’t transferable?
  4. What is the actual site start deadline in my contract, and what happens if it’s missed?
  5. What can change the price during the 12-month price hold?
  6. Which items are provisional sums, and are site costs fixed?
  7. Is anyone paid a referral fee if I use Loan Gallery?
  8. What have comparable new homes nearby sold and rented for recently?

 

How REIN Can Help

REIN acts only for the buyer. REIN may hold referral or commission agreements with builders, including some reviewed on this site. Any builder or developer commission REIN receives on your purchase is disclosed to you in writing and rebated 100% to you.

REIN charges a service fee for our work, agreed in writing before you start. Where REIN receives a builder or developer commission on your purchase, we disclose it and rebate 100% (excluding GST) of it to you. The rebate typically covers the fee and more. We’ll show you the numbers on your package before you commit.

 

Common Questions About Simonds Homes

Is Simonds Homes a good builder?

Simonds showed 4.4 out of 5 from 3,099 reviews on ProductReview.com.au when we checked, and its parent publishes results on the ASX. The builder is one part of the decision; the package price and location matter just as much.

Is the Simonds structural guarantee transferable?

No. Its lifetime structural guarantee is only provided to the original home owner and is not transferable, according to the guarantee document.

Where does Simonds build?

Its website covers Victoria, South Australia, Queensland and Western Australia.

Can REIN check a Simonds Homes package before I sign?

Yes. Send us the package and we’ll check the price, any commission built into it and the contract terms. The package check is free, with no obligation to use our service.

Before you sign anything…

Send us the package. We’ll check the price, any commission built into it and the contract terms, and tell you straight whether it stacks up. Free, no obligation, and we’ll never pressure you to switch.

GET MY PACKAGE CHECKED → or call 1300 446 445

Written by the REIN Editorial Team. Researched with the help of AI tools, then fact-checked against the sources below. Last updated 5 October 2026.

Reviewed by Scott Fraser, founder of REIN, licensed real estate agent (NSW) with 10 years on the developer side of house and land.

 

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Sources

 

About this article: This article is published by Real Estate Investors Network Pty Ltd (REIN). REIN acts for buyers only. REIN may hold referral or commission agreements with builders, including some reviewed on this site, and any commission REIN receives on a client’s purchase is disclosed in writing and rebated 100% to that client. This review is not endorsed by Simonds Homes.

Simonds Homes and any other names or trade marks mentioned belong to their respective owners and are used only to identify them. Information about Simonds Homes comes from its own website and the public sources listed above, as accessed on 5 October 2026, and may have changed since.

Review ratings are a snapshot on the date we checked and may not include every review. Statements of opinion are ours. If you believe anything in this article is inaccurate or out of date, please call us on 1300 446 445 and we will review it and correct it promptly. This is general information only.

It does not take into account your objectives, financial situation or needs, and is not financial, credit, legal or tax advice. Consider seeking independent advice before acting.

A REIN service fee applies to our services, and where REIN receives a builder or developer commission in connection with a client’s purchase, it discloses and rebates 100% (excluding GST) of that commission to the client under its written service agreement.