When Sarah and Jason started looking for their first investment property, they didn’t have a huge budget, but they had a big dream: to build a passive income, bit by bit, without giving up their weekends or sanity.
At first, they looked at the usual houses—neat, average, not overly exciting. Then, their broker mentioned something they hadn’t heard of before: a dual key home.
"It's like two homes in one,” he explained. “Two separate tenants. Double the income potential. Still one loan. One title. One roof."
Intrigued, they visited a display home with Meridien Group. From the outside, it looked like any modern, single-level home. But once inside, it was like opening a storybook—two completely private homes, each with its own kitchen, living space, and entrance. It was perfect.
Fast forward a few months, and their dual key build was complete—in a thriving part of South East Queensland. The larger side was leased to a young family who loved the fenced yard and three bedrooms. The smaller unit went to a quiet university lecturer who appreciated the private entrance and low maintenance.
Two leases. Two happy tenants.
One set of rates.
A rental yield of over 6%.
And a mortgage mostly covered by rent.
Even better? Sarah’s parents began thinking about downsizing, and the couple realized: they could one day live in one side and let Mum and Dad have the other—close, but with their own space.
What started as an investment became a lifestyle option, a family plan, and a big leap forward in their financial journey.
“We call it our ‘house with two hearts’,” Sarah says. “It’s given us security, income, and peace of mind. What more could you ask for?”