Duplex homes are now gaining attention from real estate investors particularly in Sydney. First-time buyers looking for a new home in Sydney as well as workers finding work opportunities in the city also find a duplex home as a good buy and a great living place. Here are the reasons why.
A duplex home is generally a residential building with two homes on one lot. The home design is with a shared or common wall or with two dwelling located next to each other and either with upper or lower level like of an apartment. These homes may be under one title deed which can be sold and owned together or with a separate title deed that can be sold ad own separately. Most home designs cater to small households and very ideal for starting families as a new home.
Setting up a new trend
Sydney’s being a good prospect for work opportunities and living, duplex homes in Sydney have become the newest trend in the real estate market. With Sydney’s good transport links, good schools, and vibrant business districts, it is the city that mostly attracts building investors in coming up with duplex properties in and around the city. Duplex builders benefit from the lesser design restrictions when it comes to plot size. There are also better choices with single, two-storey or corner-block duplex as the budget can fit even a small budget. With many upscale locations in Sydney, project homes are now setting uptrend of building duplex properties that allow investors in maximizing their benefits such as having a passive income through renting out. First-time buyers on the other hand benefit from the affordability of a duplex home and enjoy less budgets constraints. The many good locations of many duplex housing projects in may Sydney suburbs also add to the attractiveness of owning a duplex house while saving money for the next bigger real or property investments.
With Sydney’s renewed economic growth, growing job opportunities for workers and professionals, and the city’s attractiveness for migrants and tourists, investors are taking the big leap on sizing up these factors as advantages in investing in duplex properties. The duplex housing projects also answer the government call for affordable homes for everyone while not letting go of quality and safety for the occupants and the community. Homebuyers either for a new home or for investment will f also find duplex housing investments a good idea as to where to put their hard-earned money and enjoy better benefits.