If you’re considering investing in a dual occupancy home in Australia, there’s a lot to consider. Indeed, there’s often a lot more work involved than if you were to simply buy a single detached home, which makes it all the more important to ensure that every “i” is dotted and every “t” is crossed in order to get the best success.
There are many important things to consider, especially if you’re a first time homebuyer but also if you’ve already purchased real estate before but not a dual occupancy home. Choosing the right dual occupancy home developer can therefore save you lots of time, energy, and hassle, provided you’re working with an established and reputable developer. Below are some key benefits of working with a dual occupancy home developer:
01. Years of Experience and Expertise
It isn’t too hard to find a good home developer for your needs, but you’re not just having any old home built. Dual occupancy homes are a fast-growing specialisation that really should be developed by experienced developers with the expertise needed to navigate all of the common challenges faced during the development process.
Years of experience and proper knowledge and expertise also help to make the process smoother and more efficient, which in turn can save potentially thousands in costs from things like delays or errors in submission of relevant documents for planning, for example.
02. Save Money
Yes, you’ll have to pay for the services of a professional developer, but the potential savings you can reap generally far outweigh the costs. You could say this about things like tax accountants, who will charge you for their time and labour, but who can also save you far more on your taxes, for example.
Dual occupancy home developers save money by optimising every phase of the development process, managing the construction budget and costs with accurate estimates and planning for materials and labour, and much more.
03. Endless Design Possibilities
This particular point can equally be said about single detached dwellings just as it can for dual occupancy homes, and that’s a good thing. There are just about any number of designs you can choose from, ranging from contemporary to traditional to anything else you desire.
Architectural designs and features can range so wildly, but they can also add a lot of complexity too. Nevertheless, a skilled dual occupancy home developer can provide you with design consultations that seek to match your needs and desires with what is within your budget and their ability to build.
04. Build for Rental Purposes
Although you’re free to use your dual occupancy property as you please, e.g. live in one, rent the other to a tenant, if your primary purpose is to have one or both properties to let you can communicate this with a developer. In doing so, they can create designs that are suitable for rental purposes, and they can also assist you with some of the common steps required in order to put your property/properties for lease.
05. Boost to Property Value
Dual occupancy homes are amongst the most popular growing types of real estate these days, and there are many reasons why. One good long-term reason to invest in a dual occupancy home is to increase the value of your properties. As demand grows, your assets can continue to accrue equity over time.
Trevor Homes
Looking to invest in a dual occupancy home? Start your journey with Trevor Homes.
