For decades, the duplex or a dual occupancy development has been a major feature of the Australian urban landscape. They are popular with many buyers in the main cities and in small regional towns and centres in the country. Now the duplex is making a major comeback in the Australian property market; it is considered one of the quiet performers in the property market, preferred by many buyers looking for space, affordability and a great location.
For the property investor, the duplex represents an exciting investment opportunity to acquire a dual-income residence at below the market pricing. Innovation in design has also added to the appeal of the Australian duplex. In the past, a typical duplex complex was a sprawl of monotonous designs that more or less looked the same way. But trends have been changing. The modern buyer is not just looking for space, affordability and a dream location with some posh-factor; they are also looking for uniquely designed duplex complexes that look trendy and serve a need.
The Evolution in Duplex Development
The Australian property industry has been changing in the recent years and so have been the trends in duplex development. In the past decades, duplex dwellings were not considered particularly cool and trendy. The duplex architecture was one that was ugly but functional and they were mostly situated in dodgy suburbs, the kinds that buyers and renters hated to live in. Read more.
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