What are you really looking for when you buy a house? Is it that feeling of security? The ability to express your own individual style? Somewhere to bring up your family?

On the other hand, are you more practical, and see a property as a source of return on investment, passive income, something that will grow in value over time, or something that can be used as a tool to acquire additional assets?

Whatever your approach is to the house you are building, it is in fact not just possible, but easy to get the best of both worlds. A modern, secure, stylish home for yourself, as well as an investment that is optimised for use as a tenanted residence generating a rental income for you.

How you may ask? If you are new to the concept of a dual key home, you are in for a treat!

What is a dual key home?

Otherwise known as a dual occupancy home, a dual key home is similar to a duplex but with a few important differences. It is one single residence with two seperate dwellings within, and as such you are only looking to pay one set of council rates instead of two for a duplex.

Electricity and water bills are seperate, there is a soundproof firewall separating you, you each have your own garage/car port, entries… It’s essentially like having two distinct and individual properties back to back, except that you own them both under the one title.

You can choose to either rent out both dwellings, and generate higher rental incomes than you would for a single dwelling, or live in one and rent out the other. Some people choose to live in one side and help care for an elderly relative living in the other dwelling, or live close to other family.

Does it cost more?

There is a slightly higher cost in building a dual key home as compared to a single residence, but keep in mind that generating two rental incomes instead of one will result in higher ROI. Our house + land information packs include projected rental incomes for the area, as well as guaranteed rental incomes from an independent property manager.

We offer some of the most affordable dual key/dual occupancy homes on the market for South East Queensland, with homes starting at $494,180 for a 3 + 2 bedroom home.