DOUBLE UP

The duplex is the new kid on the block of the property scene and proving that two is better than one for some

WORDS LAURA BARRY

The term ‘duplex’ isn’t something you often hear when discussing the real-estate landscape in Australia – but it should be. A duplex refers to two residential buildings that share a common wall, and these structures can allow you to buy a home and land in your ideal location for half the price – or generate healthy rental yields – for a much lower cost than your traditional standalone house. “Duplexes make a lot of sense for the Australian property market. With our growing population and ever-increasing cost of living, a duplex is a no-brainer as you can create a decent-sized home with everything you need for a lower cost than a house,” says Neil Hipwell, director of Sydney design and construction company Futureflip. “People don’t have the time to maintain large…

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Inside Out (Digital) - 1 Issue, August 2022

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