Dual-key home investments

2 rental incomes. 1 property.

Backed by 50+ years of combined property investment experience

See how a real Lara dual-key package is appraised at $970 a week combined, a 6.52% projected gross yield from one property.

✓Selected properties offered with both sides tenanted before settlement*

$773,600

Indicative package price*

$970 p/w

Combined rental appraisal*

$50,440

Potential gross rent p.a.*

6.52%

Projected gross yield*

One cohesive property

Designed to work as two independent homes.

A dual-key home typically sits on one title but contains two private, self-contained living areas that can be rented separately.

Our common configuration combines a three-bedroom main residence with a two-bedroom secondary residence—each with its own entrance, kitchen, living area, bathroom and laundry facilities.

Front elevation of a completed dual-key home with garage and landscaped garden

The dual-income model

Two homes working within one investment.

The design serves two different tenant groups while retaining the efficiency of one property and one landholding.

Main residence

3

Bedrooms

  • Two bathrooms
  • Full kitchen
  • Living and dining
  • Private laundry
  • Garage and private entry

Second residence

2

Bedrooms

  • Private bathroom
  • Full kitchen
  • Separate living area
  • Private laundry
  • Independent entry

One property

Two

Potential weekly rental incomes

Real package example · Lara, VIC

A real-world example of two rents working together.

3 + 2 bedrooms Titled land 367 m² land 209.35 m² home

This package was selected from the current Luxis list because it combines one of the strongest projected yields below $800,000 with Lara’s established transport, amenity and employment connections.

*Based on package and desktop rental-appraisal information dated 29 August 2026. Availability, price and rent are subject to change. Gross yield is before property expenses, finance, tax and vacancy.

3-bedroom main residence$540 p/w
2-bedroom secondary residence$430 p/w

COMBINED RENTAL APPRAISAL

$970

PER WEEK

$50,440 potential gross rent p.a. · 6.52% projected gross yield

Aerial view of an established residential growth corridor

2

TENANCIES

Selected opportunities

Both sides tenanted before settlement.*

Selected completed dual-key opportunities may be offered on the basis that both residences are tenanted before the purchaser settles, helping the investment begin with an established income stream.

*Not available with every property. Subject to the individual contract, tenancy arrangements, eligibility requirements and disclosed conditions.

Why investors consider dual-key

Flexibility built into the property.

01

Dual income potential

Two separately rented living areas can produce a higher combined rent than one traditional tenancy.

02

Reduced vacancy concentration

If one side becomes vacant, income may continue from the other tenancy.

03

Broader tenant appeal

The different configurations can suit couples, families, professionals and downsizers.

04

One landholding

Two living areas are typically delivered within one property and one title, subject to the final structure.

05

Future flexibility

The design may support rental, multigenerational living or a combination of owner occupation and income.

06

Residential familiarity

A dual-key property retains the appearance and underlying attributes of a modern residential home.

Founders & advisers

Meet the team behind your property strategy.

Hamesh Balasuriya

Hamesh Balasuriya

Property & Development Specialist

Gus Trigo

Gus Trigo

Property Strategist

Client reviews

Trusted guidance, measured by the people we advise.

Hamesh has been incredibly helpful from start to finish, and we genuinely couldn't have asked for better support. His knowledge, guidance and willingness to always help made what could have been a very stressful process feel much easier for us.

Liesl & Westley

Hamesh been fantastic through this whole process. We have been very comfortable with you and trust you so much. We value your opinion and know you are there for our benefit. You are a great, hardworking person and your customer service is 10/10!!

Nataliya

"The communication was clear, the strategy made sense, and the outcome felt like a better decision than we could have made alone."

Sarah

A coordinated process

From investment strategy to two tenancies.

01

Strategy

We understand your budget, borrowing position and investment objectives.

02

Location

We assess rental demand for both the main and secondary residences.

03

Property

We match a suitable site, floorplan and turnkey dual-key package.

04

Delivery

We coordinate the property team through contracts and construction.

05

Leasing

Each residence is advertised and managed as a separate tenancy where permitted.

Floor plan, location and elevation drawings laid out over an aerial view

Why Consilium

Advice from people who've done this before

Consilium Property Advisory Group was founded by property professionals with over 50 years' combined experience across investment property, development and finance. Together we've advised on over $1 billion in real estate transactions and assessed over 500 properties.

For dual-key homes, we compare the total price, both rental appraisals, ongoing costs, finance considerations, location fundamentals and exit options before presenting an opportunity. The aim isn't the highest headline yield. It's finding the property that stacks up.

Common questions

Understand what you are buying.

Not generally. A duplex commonly comprises two dwellings that may be separately titled. A dual-key home is typically one property on one title with two self-contained living areas. The exact legal and planning structure must be confirmed for each project.

In many cases, yes. Each residence has its own entry and facilities and can be leased under its own tenancy agreement, subject to local council and planning requirements for the specific property.

Typically not. Because a dual-key home usually sits on one title, it is generally bought and sold as a single property. Any subdivision would depend on the site, zoning and approvals.

Metering arrangements vary between builders and projects. We confirm what is included for each package before you proceed.

Lender policies differ, including how rental income from both residences is assessed. We recommend speaking with a broker experienced in dual-key lending, and we can coordinate that conversation.

We are a property advisory group founded by professionals with over 50 years' combined experience across investment property, development and finance.

Inclusions and deposit requirements differ for each package. We provide a full breakdown of inclusions, deposits and expected costs for any opportunity we present.

Builder details, contract terms and examples of completed homes are provided for each opportunity so you can review them before committing.

Ongoing costs can include council rates, insurance, property management, maintenance and utilities where not recovered from tenants. We outline estimated costs alongside each rental appraisal.

Many owners choose to live in one residence and rent the other. Finance, tax and eligibility implications should be confirmed with independent professional advice.

Current dual-key opportunities

Would you like to compare the pathways?

Request current locations, package prices, rental estimates and projected yields for available dual-key properties.

  • Available locations
  • Package pricing
  • Two rental estimates
  • Projected yields

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