What is a dual income property

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A dual income property is one that has two rental streams under one roof. Usually, there is either a 3 or 4 bed unit, accompanied by another full self-contained 1 or 2 bed unit, with a separate entrance. They are usually on one title and cannot be sold off separately like a duplex that is strata titled.

Now that we have a rudimentary understanding of what dual income properties are, let’s take a look at all the reasons why you should be investing in them right away!

Why invest in a Dual Income Property?

  1. High Rental Yield: A dual key property has a higher rental yield when compared to other types of properties. It generally gives a rental yield of anywhere between 6% and 7.5% which is considered a fantastic rental yield.
  2. Positive Cashflow: A dual key property also has a good positive cash flow per week. The cashflow can be anywhere between $120 to $350 per week which means approximately $480 – $1,400 per month.
  3. Two Incomes: Since you can build two properties on a single plot of land, you can rent it out to two different tenants which means two incomes!
  4. Tax Benefits: With dual key apartments still comparatively newer in the Australian market, they have huge upsides when it comes to tax. Consulting us would give you an in-depth idea of all the tax benefits you can avail.
  5. High Rental Income: With a dual key property you can get a rental of anywhere between $620 and $820 every single week! This means that every month you can get a steady income of approximately between $2,400 and $3,300 only via rent!

From the front it looks like a normal home but is provisioned to have 2 seperate tenants in them.

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