Dual Income Property

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DPN has launched a range of architecturally designed investment homes, including a dual income property, to be built to a standard that rivals or surpasses owner-occupied homes. 
One of the common issues property investors have when purchasing is that they end up buying a property they don’t actually like.
In an ideal world, investors would buy properties they want to live in. However, more often than not, investors buy houses that are ageing mutton dressed as lamb. This is not through choice but what’s on the market. Perhaps the house has a hideously outdated kitchen, thin layers of paint hiding decades of mould or poorly designed living spaces. Or, as is often the case, they’re project homes, quickly knocked out without thought to form or function.
Investors see these far too often.
Yet it has clearly shown that a high quality, highly livable property will always be a better investment bet for attracting renters. There are a few simple reasons for this. If you love and enjoy the space you live in, you’ll stay there for the long term. This means rental stability. The better the quality home means a better quality renter. Renters who are happy living in a property are more likely to take care of it.
"Renters who are happy living in a property are more likely to take good care of it and stay longer."
Introducing DPN's architecturally designed investment properties
This may sound obvious, yet what has long been missing is a product that can weave together a good liveable environment with one that maximises capital returns. But this has all changed. DPN has created an innovative property that pulls off the rare trick of pleasing both the investor and the renter. It’s called the DPN Casa series. DPN Casa is a range of investment homes that are architecturally designed to a standard that rivals and even surpasses owner-occupied homes. Included in the DPN range is a Designer Series 5 bedroom home and a <a href="https://www.dpn.com.au/promo/dual" target="_blank">Dual Income</a> home.
DPN Casa also has owner-occupiers interested offering a boutique alternative to a project home at an affordable price. Owner-occupiers can build DPN Casa properties on their own land.
"What makes these properties stand out is the meticulous thought that has gone into the design. Over two years of careful research and work was spent with architects to come up with a designed home that is universally attractive."
What differentiates them from other project homes on the market?
DPN’s Director of Property, Sean Blattman, explains: “Clean lines, efficient use of space and loads of natural light. Large stacking glazed doors and an excellent interface between indoors and outdoors make them very distinctive from what you find out there. The form and functions of the designs are second to none.”
<img src="https://www.urban.com.au/images/2017/06/30/Screen%20Shot%202017-06-30%20at%201.51.19%20PM.png" alt=""> 
<a href="https://www.directpropertynetwork.com.au/casa/dual-income" target="_blank">DPN Casa: Dual Income.  One Property.Two Rents™</a>
DPN Casa includes within its range a dual income home.
It’s a sophisticated architectural design that allows for two self-contained residences on the same block of land.  They function as two entirely separate and private dwellings and use the space superbly. These homes are often cash-flow positive by a significant amount from day one of tenancy.
The key point to remember is the painstaking time and effort that has gone into creating these designs. It has also been thought out in terms of a holistic journey for both the renter and the investor. Blattman explains:
“The finished home should complete the property investment journey for a DPN customer. It’s the culmination of a customer experience that begins from the first contact they have with DPN to arranging finance, construction of the home, having it tenanted, then looking forward to the next purchase.”
The homes all come with the usual building guarantees and warranties that are important for project homes. However, this product goes even further to ensure peace of mind. Blattman points out: “We also provide a fixed priced guarantee - that the price will not increase during construction and that everything included is ready for rental, with no surprise costs. DPN also work with builders that provide a fixed build time with liquidated damages if the home is not delivered on time. This varies from 16 - 26 weeks.”
The DPN Dual Income homes can be built in New South Wales and Queensland at this stage, although our coverage is expanding. DPN Dual Income homes are available as a house and land package or as a build on your own land subject to meeting site survey requirements.
<img src="https://www.urban.com.au/images/2017/06/30/Screen%20Shot%202017-06-30%20at%201.52.29%20PM.png" alt="">
<a href="https://www.directpropertynetwork.com.au" target="_blank">DPN Casa: Designer Series 5 bedroom home</a>
Visually, the home looks stunning. It has a beautiful flow, uses natural light to its absolute best effect and has an exquisite design that remains efficient in terms of its size. A clever use of space means that although the home is technically using the blueprint of a 4 bedroom house, you end up with a five bedroom home and an additional living area - for a similar price. 
A recent Domain survey found that 71% of Australian renters identify the number of bedrooms in a rental property as one of the most important factors in selecting a home. Ample storage also ranked ninth on the must-have list. The DPN Designer 5 bedroom home has all this and more.
You can read the original article <a href="https://www.dpn.com.au/learn/market-updates/an-investment-property-you-ll-want-to-live-in" target="_blank">here</a>.
For more information from <a href="https://www.directpropertynetwork.com.au" target="_blank">DPN</a>. 
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jchancellor-FAypfDUnLy

An investment property you’ll want to live in

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As a professional writer, Bianca is no stranger to the occasional plot change.
With a long history in the performing arts; from dancing at the Atlanta Olympic Games Closing Ceremony with the Bangarra Dance Company (at just thirteen years of age); studying at one of Australia’s most prestigious acting schools, The Actors Centre Australia; to penning and producing her own comedic television pilot, Coulda Gone Pro – she didn’t exactly have property investing at the forefront of her mind.
However, after extensive travels pursuing her creative ventures that saw her setting up shop in Dublin, LA and London, Bianca felt it was time to settle down.
Now back in Sydney working as a Senior Copywriter for an international beauty company, while freelancing for Fairfax Media as a health and wellness writer, Bianca contemplated options to set herself up for the future. She was always aware of the traditional ideal of ‘security’: buying a home to live in. However, with a creative spirit and a love of travel, this didn’t seem like the right option. In addition, once Bianca crunched the numbers, they spoke for themselves. 
The dream of owning your own home used to mean living in it too. Not for Bianca, she is one of a new breed of investor, the 'rentvestor'. She has the freedom to live where she likes while her property investment pays a weekly income and continues to appreciate.
Bianca shares, “I didn’t want to commit to paying off a mortgage that left me with no money to enjoy life, when I could rent a great apartment within my budget, and still have my finances working for me. 
I was aware of property investing, and had been contemplating my options for some time. Although I had seen friends and family invest, and was now in a financial position to do so myself, I was still apprehensive. 
Being a first-time investor, there was a fear of the unknown because it was all new to me, so I kept putting it off as I didn’t want to lose all my money.” 
As the plot of Bianca’s story progressed, she took the plunge and consulted with DPN’s David Khalil. “David did the initial consultation. He was extremely thorough and tremendously patient, taking the time to clarify every detail and answer a myriad of questions.
“Ultimately, what spurred me on was that property investment could help me reach financial freedom.”
What finally encouraged Bianca to go ahead and invest, was that she saw David Khalil using the strategy personally – to great financial reward. Bianca points out: “The proof is in the pudding. The fact that Dave actually follows the strategies himself, gave me a lot of confidence. He wasn’t just telling me what to do; he had invested his own money, and followed the exact same strategies with impressive success.” 
Ultimately, what spurred her on was how she could see that property investment could one day help her reach financial freedom.  
DPN presented Bianca with a property investment solution 
David alerted Bianca to a house and land package in Currans Hill South-Western Sydney, a suburb of Manooka Valley, which had just become available. It is an area that DPN had identified as having excellent capital growth. In addition, the home was the DPN Casa Second Dual Income – two houses on the same block. The property not only boasts a family-friendly four-bedroom home, but also a chic two-bedroom house. Bianca says she “jumped on it right away” when it was presented to her. DPN assisted in getting a mortgage and recommended property managers.
A Dual Income property that pays two rents
The dual income property allows Bianca to enjoy the passive income from the second home, as well as the remarkable capital growth. The purchase price was $659,961 in Sept 2014, and is now valued at $840,000 in June 2017. That’s a sizeable increase of $180,039 in three years. On top of that, Bianca receives $890 per week in rental income. That works out at a 7 percent rental yield, significantly higher than the average for the suburb. 
<a href="https://www.propertyobserver.com.au/images/2017/06/28/Screen%20Shot%202017-06-28%20at%2012.07.40%20PM.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/06/28/Screen%20Shot%202017-06-28%20at%2012.07.40%20PM.png" alt="">
"That's a 7 percent rental yield, significantly higher than the average for the suburb." 
So, she is enjoying a positive rental yield with the extra bite of the cherry in strong capital growth. “I’m very happy with my investment. I purchased before the area skyrocketed, and got a lot of bang for my buck.” 
Both Bianca’s brother and sister have also invested with DPN; with her brother so inspired by her success, that he invested in a Brisbane property.
Today, Bianca is a Senior Creative for a leading advertising agency, while occasionally getting back to her performance roots with presenting appearances on Seven’s ‘The Morning Show’, and Nine’s ‘Today’. Renting by the beach, Bianca enjoys seaside life while watching her investments grow.
You can read the original article <a href="https://www.dpn.com.au/learn/market-updates/writing-her-own-story" target="_blank">here</a>. 
For more information from <a href="https://www.dpn.com.au" target="_blank">DPN</a>.
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