The Emery family’s Delacombe home is one of 300 projects around the state left unfinished after Watersun Homes went into voluntary administration on Tuesday. 

The family-of-three sold their home in Canadian to prepare for the build and are now paying rent as well as a mortgage on their undeveloped property.

“Given our financial position we won’t have the grand house that we thought we would, this was it for us.

“I didn’t have any other intentions, this was it for a very long time and hopefully it was going to be the family home where the kids grow up, where we’re the grandparents in that house.

“It was a big investment and it was a long plan to get to that stage, I worked really hard to get us to that point.”

The collapse of Watersun has also hurt its contractors. 

Tim Clarke was three hours from laying the last bricks on a Watersun home at Golden Point when he was told to abandon the site.

Mr Clarke has lost about $20,000 after he was pushed to pull the pin just hours before completing a two-storey home on Tuesday morning. 

“The local supervisor gave me a ring and pretty much just told me to pack up and leave the job site, just leave everything as it is,” Mr Clarke said.

“It’s hard enough to make a living in this trade as it is with the high volume builders. To hear that news when you’re three hours out of completion at a job … it’s a real kick in the guts.”

Lucas Preston and his fiance were building what they hoped to be a family home at Macarthur Park.

For two months Watersun had promised, and failed, to deliver the house frame. 

A few days ago window frames were dropped to the site and left lying on the concrete slab, some still in boxes and others loose. 

“They kept giving us dates of when things would happen and we would drive out there to look only to be disappointed with nothing being touched,” Mr Preston said.

“Our window frames were left on our block only a few days ago with still no frame. We have had no contact from Watersun about what is going to happen, I tried calling the office only to be told by a man he couldn't help me.”

They kept giving us dates of when things would happen and we would drive out there to look only to be dissapointed with nothing being touched. Our window frames were left on our block only a few days ago with still no frame. We have had no contact from Watersun about what is going to happen i tried calling the office only to be told by a man he couldnt help me.

The collapse of Watersun has also cost 90 jobs. 

Watersun appointed administrators Neil Mclean and Mathew Gollant of Rodgers Reidy Melbourne to sell its assets, and has ceased trading.

Mr Gollant told Fairfax on Tuesday they would be in contact with property owners soon, and several parties had already expressed interest in buying the company's outstanding projects and assets.