For over 10 years, Meridien Group has been helping clients secure high-performing dual occupancy properties across South East QLD, NSW, and Perth. These properties have consistently delivered strong rental returns while also addressing Australia’s growing housing affordability issue.
In a nutshell, a dual occupancy (or dual-key) property is two separate homes under one roof. Our builder partners include all council approvals and fees in the build contract, so the process is seamless for our clients.
- Primary dwelling: Usually 3–4 bedrooms.
- Secondary dwelling: Typically 1–2 bedrooms.
- Both homes are completely private and self-contained, with their own entrances, kitchens, bathrooms, and living spaces.
- Looks like a standard house from the front
Other key features include:
- Separate electricity and water metering.
- One set of council rates payable by the owner.
- A single lock-up garage for each unit.
- Separate letterboxes.
- Fire wall between dwellings and a dividing fence in the backyard.
Location Matters
Not every council permits dual key homes. Each area has its own planning requirements, and the location must suit the product in terms of density and rental demand. At Meridien Invest, we carefully assess suitable sites so our clients invest only where tenant demand is strong.
Why Dual Key?
- With standard dwellings now yielding under 4%, dual key properties are becoming increasingly attractive.
- They deliver higher rental yields.
- They are in limited supply due to planning restrictions, which increases buyer demand and long-term investment potential.
Who Rents Dual Key Properties?
Dual key homes appeal to a wide range of tenants, including:
- Small families wanting affordability without compromising on space.
- Couples or singles looking for a private, self-contained unit.
- Extended families who wish to live close but independently.
- Investors seeking flexible leasing options (rent both units or live in one and rent the other)
With rising property prices and increasing mortgage costs, the ability to generate rental income while maintaining privacy (without sharing living spaces) is what makes dual keys so attractive. And as for re-sale, evidence confirms that dual-keys consistently perform very well, due to low supply and increasing demand.
We have more stock available that is not always advertised, or we can help source one to be built for you.
If you would like to know more, please feel free to reach out.