Dual occupancy homes represent a strategic approach to maximising property value and functionality. These homes, designed to accommodate two separate households on a single block, provide flexibility for homeowners and investors alike.
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For property investors, dual key homes are a strategic way to maximize returns. By owning one property with two distinct rental opportunities, you can achieve dual income without the need to purchase two separate properties or titles.
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Dual key home designs are a powerful tool for investors looking to maximize their returns in Perth's property market. By providing two rental incomes from a single property, they offer a unique opportunity to generate positive cash flow and subsidize the costs of higher-priced investments in blue-chip suburbs.
While dual key homes are typically located in outskirt areas with slower capital growth, the current trend towards renting rooms to single tenants is enhancing their income potential. This makes them a compelling option for those looking to build a diversified and resilient property portfolio.
As with any investment, it’s important to do thorough research and seek professional advice before making a decision. With the right approach, a dual key investment could be a significant step towards achieving your financial goals.
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Duplex designs in Perth offer a practical way to maximise property potential, especially for those looking to increase rental income or accommodate multiple generations of family. The three main types of duplex designs are —traditional, side-by-side, and corner block—cater to different lot shapes and preferences, each offering unique advantages. Customisation is crucial, with designs tailored to factors like lot shape, privacy, and customer expectations. The development process takes 11-18 months, and costs vary based on design complexity and lot size, making professional guidance essential for a successful project. .
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Should I build a Duplex or Triplex on my site! One would instinctively think if you can build 3 homes on one block isn't that always going to be the best yield and return! As you will see, there are a number of factors that will affect your decision and profits!
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A common question I received, is what are the advantages of a duplex development in comparison to a house behind House development. One would think it would automatically be easier to be building one home versus having to build two homes. As you will find out, it is far from the truth!
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Our latest intel is most major councils within the Perth area are now reassessing short term accommodation requirements.
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Just like digital companies creating major disruption to an industry for their advantage and market share. Dual Occupancy Homes are now seriously creating a major disruption to the Real Estate and Building industry in Perth
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We have many investors ask if they could build on lots less than 450m2. Some of our clients have gained approval of sub 450m2 lots by being closer to railways or near busy transport areas. Some councils we have found are open to a concession of the standard rules.
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We have looked into this and fortunately the questions are more complicated than the answers. When we install Electricity to the primary Home we also install a Sub-meter for electricity and an in-line meter for Water. This means each party can have their own Services bill. Our Dual occupancy Homes have a dual letter box simply marked “A” and “B”.
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Dual Occupancy Homes are now considered a legitimate type of Housing by the Master builders Association in the Eastern States. Due to the sheer economics and better use of existing land, Dual Occupancy and multi generational style plans are becoming ever more popular.
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