With proposed changes to negative gearing and capital gains tax announced in the Federal Budget, many Australian property investors are rethinking their next move.

For some, selling an investment property may seem like the obvious choice. But if your property sits on a well-located block with development potential, it may be worth asking a different question:

Could your land be worth more than the home that's sitting on it?

Your Land Could Be Your Greatest Asset

Not every investment property is suited to redevelopment, but many suburban blocks offer untapped potential.

Generally speaking, properties with features such as:

• A frontage of around 15 metres or more

• Space for a second crossover or driveway

• Relatively flat land

• Minimal significant vegetation

• Few site constraints

may be suitable for a dual occupancy or duplex development, subject to council requirements and planning approvals.

As the old property saying goes:

Land appreciates. Buildings depreciate.

If your land has the potential to accommodate more than one home, selling it today could mean walking away from future value.

Why More Investors Are Looking at Dual Occupancy

Across Australia, more investors are exploring ways to unlock the value of land they already own rather than purchasing additional investment properties.

By replacing one ageing home with two new dwellings, you may be able to:

• Create two modern homes from a single block

• Increase the overall value of your land

• Generate additional rental income

• Sell one home while retaining the other

• Potentially access tax benefits available to newly created dwellings (subject to your individual circumstances and professional tax advice)

• Contribute to increasing housing supply in established suburbs

Every investor's circumstances are different, which is why independent financial, taxation and legal advice should always be sought before making any investment decision.

Think Beyond Today's Market

Property development isn't a short-term strategy.

From feasibility and planning through to construction and completion, a dual occupancy project can take around two years. That's why it's important to look beyond today's headlines and consider the long-term opportunity.

Australia continues to experience strong demand for well-located housing, while suitable development sites remain in limited supply.

For many homeowners and investors, redeveloping existing land can provide greater long-term value than simply selling.

Building with Greater Confidence

At Simonds, we understand that certainty matters when undertaking a development project.

That's why we offer:

• Lock in your price for up to 12 months*

• More than 75 years of building experience

• End-to-end support throughout the design and build journey

• Expertise in dual occupancy and knockdown rebuild projects

Whether you're looking to retain an investment, create additional income or maximise the value of your land, our team can help you understand what's possible.

Is Your Property Suitable?

Every block is different.

An obligation-free site assessment can help determine whether your property has the potential for a dual occupancy or duplex development, and what opportunities may exist based on your land, local planning controls and development goals.

If you've been thinking about selling your investment property, it may be worth exploring what's possible before you make your next move.

Terms and conditions apply. This article is general in nature and does not constitute financial, legal or tax advice. The proposed tax reforms referenced are subject to change as legislation progresses. Homeowners and investors should seek independent professional advice specific to their circumstances before making investment decisions.