Home building company Metricon is betting the next major trend in Queensland’s southeast corner will be dual occupancy homes.Source:Supplied
The next major home trend is being driven by house price rises, dwindling land supply, and buyers trying to make the most of their investment, according to a Queensland mega builder.
Home building company Metricon is betting that dual occupancy homes will see the biggest demand going forward especially in South East Queensland.
Metricon’s Queensland general manager Peter Ryan said DualOcc — a specialist duplex and dual occupancy service — was created to simplify the approval and building process for property owners in Queensland and northern New South Wales.
“We’ve seen a lot of requests for dual occupancy, particularly in areas like the Gold Coast and pockets of Moreton Shire,” he said.
Creating homes that accommodate multiple generations or families will become more important for Queenslanders, according to Metricon.Source:Supplied
“Often it’s people whose blocks are zoned for dual occupancy or who might be looking to maximise the yield of their lot.
“In other cases, people might have owned a lot for a while and the zoning has now changed.
“In many instances people are looking to stay in one part of the dual occupancy property and rent or sell the other.”
Metricon created a special arm to help homeowners navigate council approvals for multiple occupancy homes.Source:Supplied
Mr Ryan warned not all lots were suited to dual occupancy and navigating council zoning and town planning requirements could be tedious.
“There are precincts where dual occupancy is appropriate and others where it is not,” he said. “DualOcc by Metricon is designed to assist people through that journey.”
Sydney and Melbourne had led the trend out, he said, particularly off extended families and investors.
Home designs have changed to take into account bigger households again.Source:Supplied
In Queensland interest was likely to increase as land supply dwindled and councils looked to alternatives for high-rise apartments, he said.
“Councils need to be looking or other options to bring more density because not everyone wants to live in a tower and not everyone wishes to live in a townhouse.”
Mr Ryan said major benefits of dual occupancy included additional density, and potential extra income at a time when house prices in Brisbane were increasing.
“A growing group now want to explore what development is possible on their existing land.
“One of the major advantages of dual occupancy homes is the potential to make more income from a single land title.”
Dual occupancy developments were classed as two or more homes on a single block of land.
The developments could be multi-dwellings with one behind the other, a duplex, side-by-side attached dwellings, or a combination of all those.
Originally published asThe next big QLD building trend