Duplex properties are becoming a more popular and important option for those who are looking to own multiple properties while saving thousands in construction, land purchase costs and stamp duty.
They are also a great choice for investors looking to maximise the rental yield their properties generate, and those who want some additional flexibility from their investments.
Unlike dual key properties, which are effectively 2 dwellings on a single title, duplex properties can either be strata-titled or Torrens titled. This means that each side can be sold separately.
This allows the owner to capitalise on the capital growth generated through the property without the need to divest their entire holding.