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What is a duplex

Duplex: What is a duplex & are they a smart investment? What does 'duplex' mean? The meaning of a duplex essentially consists of two homes built on a single block where the two residences share a common wall but have separate, independent entranceways. For all practical purposes, each home in a duplex property is an independent entity though they may exist under a single roof. Both units could either share a common land title or have separate titles after subdivision. Image: Twin Falls Hamptons - Lot size 435sqm with 16m width (Bluegem Homes) Why duplexes? Simply put, a duplex is a more affordable way to own a largely independent house, especially in an exclusive neighbourhood or a premium suburb. Given the runaway property prices in major urban areas across Australia, duplex homes like townhouses, make for an excellent investment for new home buyers as well as investors. A duplex delivers almost all the benefits of a detached house at about half the price, m…

Dual-purpose designs enable versatile living

Dual-purpose designs enable versatile living With lifestyle needs varying from one homebuyer to another, dual-key and dual-occupancy residences have risen in prominence in recent times. A JWH Group brand, WA Country Builders’ Kalgan Contemporary display can be designed as a dual-key home. Credit: WA Country Builders.

With lifestyle needs varying from one homebuyer to another, dual-key and dual-occupancy residences have risen in prominence in recent times.

Dual key refers to a single dwelling with two separate entries operated by different keys.

Appearing from the front as a regular home, a dual-key home could be used as a contemporary granny flat where, rather than having a separate dwelling, it is one split into two.

Dual occupancy present…

Making the most of your block – how dual occupancy works to maximise property potential

Making the most of your block – how dual occupancy works to maximise property potential Image: Metricon With the housing market overheated in Australia – particularly in our major capital cities – many Australians are looking at alternatives to the traditional quarter-acre dream. A property solution growing in popularity is dual occupancy, also known as DualOcc. DualOcc involves maximising a block of land by building two (or more) properties instead of one. It can unlock opportunities for people looking to live affordably in an area they love or for the savvy investor. Why opt for dual occupancy? DualOcc is a canny option for would-be new builders at all stages of life, as this versatile development gives property owners and buyers more options when compared with traditional buying. Those who already own land might opt for DualOcc to optimise their block, and those looking for property might choose a block to optimise a DualOcc development sp…