Duplexes are quickly becoming a popular choice for a wide range of people, from everyday homeowners to investors. Why, you ask? You’re getting a premium, modern space for great value, with the potential to earn additional rental income! But what exactly is a duplex, and could it be the perfect option for you?
Mojo Homes offers a range of modern and contemporary Duplex floor plans, packed with award-winning floor plans. Whether you’re knocking down your existing home or starting from the ground up, our designs make it possible to live in one unit while you live off the other.
We have a selection of Single storey, Double storey, and Narrow Block designs. No matter the size of your block, Mojo is your experienced duplex builder, helping you build the perfect home. Let's delve into all you need to know about duplex designs and see why a new Duplex home is becoming a standard for Australian living.
What are Duplexes and why are they gaining popularity?
A Duplex is a type of residential building consisting of two separate homes sharing a common wall. Each dwelling has its own private entrance, living areas, bedrooms, and kitchen, giving you the independence of a single-family home.
You might also hear the term 'dual occupancy', but there are key differences. A Duplex is always two homes joined (attached), whereas a dual occupancy can be two separate buildings on a single lot (detached).
Duplexes are hugely popular right now thanks to their many advantages: they offer a great balance of privacy and community, are an affordable option for premium spaces, and have strong rental potential. Whether you're a first-time homebuyer, a growing family needing more space, or an investor looking to maximise your land's value, a duplex is a clever option! Let’s take a closer look at their advantages and see why a new duplex home could be the perfect choice for you.
Why opt for a Duplex for your next home?
You might think a Duplex means compromising, but that’s not the case at all! Mojo duplexes are a private, affordable option that offers the independence of a single-family home. Unlike apartment living, you get your own private entrance, driveway, and outdoor space with fewer neighbours.
These designs are also a fantastic option for multi-generational living. A popular choice is having a larger unit for your family and a smaller private space for elderly parents or adult children. It keeps the family close while still maintaining privacy! They also cater brilliantly to downsizers and those looking to knockdown rebuild.
To put it simply, the benefits are clear:
- An excellent price
- Flexible design and styles
- Balance between open and private living
- Opportunity to maximise your land's potential for a significant investment opportunity (more on this next!).
Are Duplex Homes a strong investment?
A Mojo Duplex is an increasingly popular option for investors.
The key attraction is the dual rental income. For investors, this is a fantastic opportunity to diversify your portfolio, bringing in steady rental income and benefiting from potential capital growth.
For home buyers, this is also an excellent opportunity to move into a brand-new, modern, and award-winning home while earning rental income simultaneously. But how?
Many Duplex owners choose the popular 'live and rent' method. This is where you live in one unit and rent out the other, using that rental income to help significantly offset your mortgage payments. It’s a great strategy and entry way into the property market, all while living in your dream location.
While Duplexes are a popular investor move, it’s always important to look at local market conditions. Consulting with a financial advisor is always recommended.
So, whether you're a first-time homebuyer, a growing family, or an experienced investor, a Duplex could be the perfect choice for you, depending on your goals.
Mojo Homes makes achieving this dream simple. Fitting lots from just 15.00m wide, our Duplex house plan range features 11 designs, including Single storey, Double storey, and Narrow Block options. With 8 to 10 bedrooms available, these designs can create the perfect space for a large family or two separate households.
Ready to see the dual living potential for yourself? View our award-winning Duplex designs today! Or, experience the quality up close at our display home locations.