Dual Key | 5.9% Yield
Compare with other listings
See it side-by-side · winner per row · AI verdict.
Photos via the original listing. All photographs remain the property of their respective owners.
Maps & AI
Ask StMate AI
AI Property Assistant
Ask anything about this property
Price not disclosed— contact the agent for pricing details.
Gallery
Property Photos
Listing description
About this property
Two properties under one roof for two separate tenants, two separate leases, and two strong income streams, all on a single title. Granny flats, dual-occupancy homes, and dual-keys, all provide a secondary dwelling that delivers a real-life affordable housing solution for lots of people....and power up your investment returns. Dual-key homes | Unlock more yield Property Details: Turn-key fixed price package | Dual-key design Unit 1: 3 bed | 2 bath | 1 car Unit 2: 2 Bed | 1 bath | 1 car Build size | 234 m2 Land size | 609 m2 Registers | Sept 2026 Total price | $1,079,000 Rental est. | $1,150 - $1,220 Vacancy rate | 0.52% Yield | 5.94% Please note: This is a house and land package, it is not yet built. Hervey Bay is emerging as a strong market for dual-key property investment. Continued population growth, lifestyle-driven migration, and housing affordability are driving sustained demand for flexible, high-yield housing options. Dual-key properties offer investors a balanced mix of strong cash flow, capital growth potential, and low vacancy risk. The combination of regional affordability and rising rental demand makes it one of Queensland's most attractive emerging markets for dual-income investment opportunities. Why Dual Key? With standard dwellings now yielding under 4%, dual key properties are becoming increasingly attractive. Higher rental yields. They are in limited supply due to planning restrictions, which increases buyer demand and long-term investment potential. Key Features: Suitable for 2 separate tenants under 2 separate leases Primary dwelling usually 3-4 bedrooms + Secondary dwelling typically, 12 bedrooms. Both homes are completely private and self-contained, with their own entrances, kitchens, bathrooms, and living spaces. Looks like a standard house from the front. Other key features include: Separate electricity and water metering. One set of council rates payable by the owner. A single lock-up garage for each unit. Separate letterboxes. Fire wall between dwellings and a dividing fence in the backyard. Compliance: At Meridien Invest, we carefully assess suitable sites, so our clients invest only where tenant demand is strong. All aspects of the build meet or exceed Queensland building codes and local council planning requirements. The design aligns with energy efficiency standards, accessibility guidelines, and dual occupancy zoning conditions. Not every council permits dual key homes. Each area has its own planning requirements, and the location must suit the product in terms of density and rental demand. About Meridien Invest: For over 15 years, Meridien Group has been helping clients secure high-performing dual-key properties across Southeast QLD, NSW, Victoria, and Perth. We look for property that will deliver an investment advantage to our clients with more yield and a positive growth outlook. Dual-key Homes in prime growth corridors tick the investment advantage boxes. They consistently deliver strong rental returns and fill a void in the housing market with an affordable, 'right-size' solution that is always in demand. Who Rents Dual Key Properties? Dual key homes appeal to a wide range of tenants, including: Small families wanting affordability without compromising on space. Couples or singles looking for a private, self-contained unit. Extended families who wish to live close but independently. Investors seeking flexible leasing options (rent both units or live in one and rent the other). Exit Strategy Resale: Typically, Dual keys command a higher sale price due to established rental returns, limited stock and attract investors seeking immediate dual income potential Hold and refinance: Investors can release equity through refinancing once the property has appreciated or rental income has been established. Perfect for long-term investors building a property portfolio or seeking liquidity for diversification. Need to know more? Book a time to discuss how to Achieve More with Meridien Invest and plan your investment journey with one of our experienced investment consultants. We are here to help
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 5
- Bathrooms
- 3
- Parking
- 2
- Land Area
- 527 m²
- Listed
- 3 weeks ago
Repayment calculator
Price estimated from comparable nearby — edit below to use your own number
Upfront costs
Know what you can borrow
Talk to a mortgage broker about pre-approval and your best rate — free, no obligation.
Inspections
Interested in inspecting this property?
Check the next open inspection time or request a private viewing on Domain.
Book inspection on DomainWork at Meridien Invest? Claim this listing to sync your ads with StMate.
Neighbourhood
Living in Urangan
This 5-bedroom house in Urangan, QLD 4655 sits within reach of public transport, and nearby schools.
Schools near Urangan
- Sandy Strait State Schoolprimary · Prep-6 · CoEd
- Urangan Point State Schoolprimary · Prep-6 · CoEd
- Urangan State High Schoolsecondary · 7-12 · CoEd
What's nearby
- Boat Harbour Drive (bus) — 675 m away
- Unnamed — 2.8 km away
- McFie Park — 2.9 km away
Urangan at a glance
Full suburb profile- Population
- 10,988
- Median age
- 55
- Household income
- $984/wk
- Median rent
- $335/wk
- Median mortgage
- $1,300/mo
Source: ABS Census.
Generate Property Report
Get a comprehensive analysis of this property across 10 data dimensions including schools, zoning, traffic, transport, noise, flood risk, bushfire, crime, development, and heritage.
Suburb market
Suburb price trend
Urangan price trend
Median sold · House 3 bed
Compound growth +11.1% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Urangan marketSide-by-side analysis
Compare with similar properties
Similar houses in Urangan and nearby — see how this property stacks up.
Within 5km