Client Spotlight: Cunnington Homes
- Tim Goode
- Jun 22
- 3 min read
Updated: 3 days ago
At Ignite Accountants, we love shining a light on our incredible clients and their inspiring business journeys. This week, we’re featuring Terry Cunnington, the founder of Cunnington Homes, a name synonymous with high-quality residential and commercial developments across Ballarat. Terry has been part of the construction industry since 1988, and his story is one of adaptability, passion, and growth.
Passion for Building
Terry’s journey in the building industry began with his brother, and over the years, his passion for transforming vacant blocks of land into homes only grew. What originally started with small residential projects evolved into ambitious ventures in land subdivision, townhouse developments, and even retirement villages.
“My first projects were just little houses around Ballarat that I built and sold upon completion. Over time, the market changed, and as interest rates climbed in the 1990s, I had to pivot. That’s when I began focusing on affordable townhouses, and that decision opened up bigger opportunities,” Terry explained.
From blocks to large-scale subdivisions, Terry’s adaptability fueled his long-term success.
Residential vs Commercial Projects: A Builder’s Perspective
Over the years, Terry has successfully delivered both residential and commercial developments, ranging from family homes to industrial tilt panel factories. While he enjoys the challenge of working on a variety of projects, residential builds hold a special place in his heart.
“Houses are so much more personal. There’s real satisfaction in seeing someone appreciate the work you put into designing and customising a home. That level of connection with the end user is very rewarding,” Terry shared.
What Sets Cunnington Homes Apart
One of Terry’s key business philosophies is simplicity, a principle that guides his operations. Working from a home office with minimal overheads, Terry relies on over 70 subcontractors to bring his vision to life.
“I keep my overheads low, and I treat building as more of a hobby; it’s something I truly enjoy. When I design and pick out all the colour schemes, the end product reflects my vision, and there’s no greater satisfaction than selling a house someone instantly loves,” Terry said.
Terry describes himself as a “one-stop shop,” ensuring that communication flows smoothly between trades and clients.
Lessons Learned and Tips for Other Businesses
Looking back at his journey, Terry wishes he had gained more accounting knowledge earlier.
“Understanding money and your business inside out is critical. While passion gets you started, managing finances well is what sustains you,” he emphasised.
Terry’s advice for other business owners includes:
Start: Pay all bills and taxes before considering earnings as profit.
Stop: Overspending and projecting false success with costly new cars or big offices.
The Role of Ignite Accountants in His Success
Terry has been a client of Ignite and has worked closely with Tim Goode for over 20 years.
“What I value most about working with Tim and Ignite Accountants is how personalised the service is. Tim doesn’t rush through things. He comes out to see me at home or on-site, and we often talk about life before diving into the business matters. From future planning with taxes to transitioning into pension phase, Tim has always had the answers I needed to move forward confidently,” Terry reflected.
At Ignite Accountants, we’re lucky to work with driven business owners like Terry Cunnington. His adaptability, passion for building, and commitment to quality make him an inspiring example of what can be achieved with dedication and thoughtful decision-making.
From all of us at Ignite Accountants, thank you, Terry, for sharing your story and being part of the Ignite family.
Interested in seeing your business grow with the right financial guidance? We are always here for a chat.
Tim Goode
Managing Director
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