Dual key home designs
Dual Key Home Designs
Dual Key Home Designs offer a flexible and lucrative investment opportunity, especially in the current Perth property market. With the ongoing housing affordability crisis expected to persist for at least three more years, dual key homes provide an innovative solution that can generate significant rental income. These designs are perfect for investors looking to maximize returns by renting out individual bedrooms, potentially earning up to $109,000 annually.
What is a Dual Key Home Design?
Dual key home designs are unique properties that feature two separate living areas under one roof. This allows homeowners to live in one section of the property while renting out the other, OR rent both sections separately to different tenants. This flexibility makes dual key homes a popular choice for investors looking to diversify their income streams.
The Benefits of Dual Key Homes in the Perth Market
In Perth’s current property market, dual key homes are particularly advantageous. With rental demand at an all-time high due to the housing crisis, these homes can generate substantial income. Not only can you rent by the area (Family/Kitchen/Bedrooms) but you can also rent out individual bedrooms. At present investors can achieve a rental yield that surpasses traditional property investments that we have not seen in the past.
Our Designs
High Rental Income Potential: Renting by the Bedroom
One of the most compelling aspects of dual key home designs is the ability to rent out individual bedrooms. In today’s Perth market, renting by the bedroom is becoming increasingly common, with each room fetching around $350 per week*. For a dual key home with up to six bedrooms, this can translate into a weekly rental income of $2,100, or an impressive annual income of $109,000.
See our full range of Dual-Key & Dual Occupancy House Designs Here.
Rental Income Breakdown* -
Rent Per Area x 1
(Traditional Home design 1 x Tenant)
*$700 pw = $36,400 Per year rental Income
*Approx House and Land Package Cost $800,000 (2024)
*Interest only loan $48,000 Per Year
*Return -$11,600 LOSS PER YEAR* (Negative Cashflow)
Rent Per Room
(Dual Key Home Design 5 x tenants)
$1,750 pw (5 x ) = $91,000 Per year rental Income
Approx House and Land Package Cost $860,000 (2024)
Interest only loan $51,600 Per Year
Potential Return $39,400 Gross Income Per Year
(Positive Cashflow)
Rent Per Area x 2
(Dual Key Home Design 2 x tenants)
*$1,100 pw ($620+$480) = $57,200 Per year rental Income
*Approx House and Land Package Cost $860,000 (2024)
*Interest only loan $51,600 Per Year
*Return $5,600 Gross Income Per Year
(Positive Cashflow)
*Expences and depreciation not calculated. Speak to your account and or qualified financial planner for final numbers. Interest only loan calculated at 6%.
This significant income potential makes a dual key home an attractive option for savvy investors who want to capitalise on Perth’s high rental demand.
Maximise Your Investment with Our Custom Dual Key Designs
Our dual key designs are expertly crafted to optimise space, privacy, and rental income. We offer tailored solutions to meet your unique needs, offering unparalleled flexibility and value in today’s competitive property market. Explore our range of designs and discover how you can achieve superior returns while providing high-quality living spaces for tenants.
*All below designs have been crafted to reduce construction costs. The larger the budget, the larger the design.
Custom Dual Key Home Designs
Why Choose Dual Income Plus for Your Dual Key Home Design?
At Dual Income Plus, we specialise in designing and building high-quality dual key homes that are tailored to maximise rental income and investment returns. With our extensive experience in the Perth market, we understand the unique challenges and opportunities that dual key properties present.
Our team is committed to delivering custom designs that meet your specific needs, whether you're looking to live in one part of the home and rent the other, or rent out both sections. We offer a range of dual key house plans, each designed to optimize space, privacy, and rental income.
Popular Dual Key House Plans
We offer a variety of dual key house plans to suit different needs and budgets. Here are some of our most popular designs:
The Alkimos: Side 1) 3 bedroom 2 bathroom plus dble garage Side 2) 1 bedroom 1 bath with single garage. Features large alfresco areas. Designed for narrower blocks
The Wellard: Side 1) 3 bedroom 2 bathroom plus dble garage Side 2) 1 bedroom 1 bath with single garage. Features side access past the single garage with a side alfresco
The Success: Side 1) 3-bedroom 2 bathroom with theatre/Bed 4 plus dble garage Side 2) 1 bedroom 1 bath with single garage. Features side access past the single garage with a side alfresco
The Future of Perth’s Property Market and Dual Key Homes
As the housing crisis continues in Perth, the demand for affordable and flexible housing solutions will only grow. Dual key homes are well-positioned to meet this demand, providing both affordable living options for tenants and high rental yields for investors. The next few years present a prime opportunity for investors to capitalize on this market trend.
Don’t Let the Property Market Pass you By!
Dual Key Home Designs offer an exceptional opportunity for investors in Perth’s property market. With the ability to rent by the bedroom and generate significant income, these homes are an ideal solution in a market facing a prolonged housing crisis. At Dual Income Plus, we are dedicated to helping you design and build a dual key home that meets your investment goals and provides long-term value.