WHY choose Dual Income Properties??
Dual Income Properties was established to help investors, both experienced and first time home owner’s to easily find and purchase positive cash-flow properties in selected high growth areas throughout Australia.
Our vision is to assist people in creating wealth and financial independence by investing in positive cash-flow dual income properties. By purchasing only this type of positive cash-flow property we can help people build a property investment portfolio that will help them achieve a much more comfortable lifestyle and retirement than they could achieve by investing in any other types of residential property.
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Because of our vision, we only recommend and sell positive cash-flow dual income properties as we have found because of the two rental incomes there is no other residential property investment that comes close to the returns that are achieved through the dual dwelling layout. Total rental return is around 50% higher for a dual dwelling than for a house of similar value. This means that even at 100% borrowing the property will normally be positively geared.
You will never get caught short and have to sell at the wrong time of the property cycle due to lack of cash-flow created by owning negatively geared properties.
Be assured there will be capital growth on dual occupancy homes as per a standard home however due to the positive income the gain can be much greater.
As we all know, though, capital growth can be so unreliable. It’s nice to achieve, but if you have a positive cash-flow property it doesn’t really matter as it is not the only source of wealth creation… So why wouldn’t you.
WHAT is a Dual Income Property?
Dual occupancy homes are a relatively new concept to Australia. They are cleverly designed homes that from the street look like a single dwelling but are actually two separate properties under the one roof.
One side is typically a 3 or 4 bedroom home while the other side is a 1 or 2 bedroom home.
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The additional cost to create the second liveable area built this way is vastly cheaper than creating a second standalone home and utilizes the land to the very best investment yield.
The dual dwelling house and land packages are fully council approved and they can be rented individually. A fire rated dividing wall separates the two living areas, and with extra soundproofing ensures the occupant’s privacy. Tenancies can be managed separately by an Agent and can be arranged by Dual Income Properties.
The dual occupancy homes offer all the benefits of a typical duplex income without all the other traditional costs. With this design there are minimal outgoings with no need for a second title and therefore only one set of rates with no body corporate fees.
Dual income properties typically show gross yields from 6% to 7.5%. Priced from $450,000 to $600,000+ they include brick and tile or colourbond roof construction, fully fenced, turf and landscaping plus undercover alfresco areas. The interiors feature window coverings, air-conditioning, stone bench tops plus all floor coverings.
They are ready to move in to or rent out from day one of handover.
WHEN to buy Dual Income Property
Remember the proverb: When was the best time to plant a tree?
Answer: 20 years ago. And the second best time to plant a tree? – Now.
Well the same thing applies in real estate. Remember the cost of homes back twenty years ago and if you had invested then, imagine what they would be worth now.
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However, you can’t go back and we are in the present moment, so while you may think it may not be the optimal best time to invest in property. NOW IS PERFECT..
In 2001 there were 1.1 million people aged 75 years and over in Australia, representing 6% of the total population. By the year 2026 this number is projected to more than double, due to the retiring baby boomers, to over 2.5 million people, representing 10% of the total population. * Australian Bureau of Statistics.
This is where the real value lies in the purchase of a dual income producing property. There is a growing population that will need this type of product rather than a large, high maintenance family home.
Also, with current record low interest rate being paid on cash invested in banks plus access to low interest loans, there has been no better time to invest in positive income producing residential real estate.
We believe, over the next 10 years that dual income properties will become the standard for high quality yield investments.
With over 70 years experience, Dual Income Properties is a business operated by property investors, for property investors.
We are an investment property specialist business and our vision is “To assist people in creating wealth and financial independence by investing in positive cash-flow dual income properties”.
As active, successful property investors we practice what we preach. We assist by showing you exactly what you need to do, step by step, on how to acquire dual income properties, through to ultimately replicating the first successful experience and helping you achieve a second, third and even more cash-flow positive properties.
We undertake an extraordinary amount of research and by using our experience and industry contacts thoroughly investigate hundreds of pieces of economic data every year coming from reputable property analysts plus Government and business sources. We combine this with our experiences in the property industry and background in business, finance and accounting to put together positive cash-flow dual income properties in growth locations throughout Australia.
Dual Income Properties negotiate with some of Australia’s leading land developers and builders who are able to deliver house and land packages of positive cash-flow dual income properties at a competitive market price. We are independent of any one particular developer or builder so we can always offer the best deal that will value up. Overseas property investors, first home owners and SMSF – self managed super funds are all assisted to generate wealth through Australian cash-flow positive properties.