Have you ever wondered if a dual occupancy home on acreage is a good idea?
Building a new home is one of the biggest undertakings any person, couple or family will make in their lifetime. Choosing the right location that suits your family’s lifestyle is of the utmost importance – for some, location will be dictated by work and/or other commitments. But if you don’t mind a drive that’s a bit longer, you can build your dream home on acreage. There’s nothing quite like the beautiful landscapes and wide, open spaces of acreage lifestyle. Now imagine a beautiful acreage home design perfectly positioned to enjoy it all. Owning an acreage home can give you the beautiful country escape you’re looking for and specialist home builders like Avondale Homes can build your perfect acreage home design that takes full advantage of the beautiful location. The abundance of space, privacy, beautiful scenery as well as having the freedom of having an unrestricted blank canvas to build your dream acreage home design is why more and more Australian’s are opting to build on acreage.
On the other side of the sheer joy of living the quintessential country lifestyle, the general purpose of buying or building a home (any home) is as an investment. Therefore, when you are looking at your investment opportunities, it can be a good idea to consider the opportunities that a dual occupancy home brings. Dual occupancy homes are the types of homes that are currently considered to be the wisest investment opportunity.
There are two types of dual occupancy dwellings.
The first and most common is having separate structures which are not attached to the main home.
A substantial advantage of this type of dual occupancy home over having two separate structures is the fact that it’s now possible to build this type of modified residential home across Queensland without multi-residential zoning and with no limitation on the size of each dwelling. These modified homes only require building approval and are not subject to development approval. This means that as long as you own a home or land in Queensland, this option is open to you. Avondale Homes Bremerton 422 acreage home design provides the perfect layout for such a modified home.
Moving to more rural life where there is fresher air, traffic is almost non-existent and the lifestyle is most certainly more relaxed sounds really appealing to many city-dwellers. Living away from the hustle and bustle is for many, the ultimate dream. The health benefits of living amongst nature is widely published. The peace and quiet, the fresh air, the space in addition to the active lifestyle that living in an acreage home promotes have proven to have a positive impact on overall quality of life.
More affordable land
In most instances, acreage land is a fair way out from cities and/or key urban areas. The further away you are from a city or major town, the more reasonable you can expect property prices to be. This means you get a lot more bang for your buck when you buy acreage. Prices for land can be significantly cheaper than blocks a twentieth of size when compared to suburban options. So, for just a bit more tome in the car you get to enjoy the acreage home design of your dreams AND a better deal overall.
One of the most significant advantages of acreage home designs is space. You aren’t constrained by as many limitations when it comes to the actual acreage house design. More space means more options and more home design freedom which means, more chance of a home that is in fact your dream home.
ADVANTAGES OF DUAL OCCUPANCY HOMES
Return on investment
Dual occupancy homes offer a range of benefits and provides the perfect way for you to get a great return on your investment (ROI).
As an investor – the benefit of building dual occupancy homes is simply to increase your rental yields and long-term earning potential.
As a home owner – a dual occupancy home is generally easier to rent out as a long-term rental or as a holiday rental given the location and peaceful surroundings because it offers more privacy (and more peace and quiet) than an apartment. It is like having two properties built into one. The demand for this type of rental opportunity is relatively high which allows you to start making a return on your investment right away.
A supercharged start in the property market
Property portfolio novices and young homebuyers rejoice! This one is for you. One of the biggest benefits of a dual occupancy home design is that it gives you the opportunity to pay off your mortgage sooner. Yes, you read that right…pay off your mortgage sooner. With the additional income stream of renting out the second dwelling, you can pay off your mortgage years quicker.
Dual occupancy homes offer the perfect balance of independence and togetherness to families who would benefit from such a modified home. Avondale Homes Bremerton 422 is designed to optimise the space and make the most of the available room. While we understand that family members often need space and independence, a family can still be close together on the same piece of land.
The key takeaways
If you’re trying to get a foot in the real estate market, or simply looking for more privacy, and wanting a high return on your investment – a dual occupancy home could be the home/investment solution for you.
Interested to know more about our dual occupancy home design options? The team at Avondale Homes would love to have the opportunity to answer any further questions you may have. Contact our team today for a home building experience that is second to none.