Still think owning property is out of reach? You're not alone.
With property prices rising, timelines blowing out and build costs hard to pin down, it's no surprise first-home buyers and families are feeling locked out. But there’s a smarter way in and it could be sitting right in your backyard.

At Space Property, we’re reshaping what homeownership looks like with compliant, fixed-price modular homes designed for modern living...and financial freedom!

Here’s how a modular second dwelling can change the game.

• Build Wealth Without Buying More Land

Why wait to save for a second property when you could leverage the unused land you already own?
New state legislation (like Victoria’s Small Second Dwelling policy) is making it easier than ever to build compliant, rentable homes in your own backyard, without lengthy permits or drawn-out construction timelines.

According to the AFR (July 2025), councils are now green-lighting second dwellings on existing lots in weeks, not months. That means:

• Faster ROI for investors

• Low-overhead income streams for retirees or empty nesters

• Affordable living options for adult children, students or tenants

This isn’t theory - it’s happening right now. And Space Property is at the forefront.

• Starting From $98K: Fixed Price, No Surprises

The real advantage of modular? Cost certainty.
Our homes start at $98,000, and we mean it. No sneaky quotes. No variations that send your budget spiralling.

You get:

• A fully compliant home built to Australian standards

• Transparent pricing with no fine print

• Full support from our in-house team - including building surveyors and certifiers, engineers, builders, plumbers, electricians, Council occupancy certificates.... we handle it all!

Modular homes don't have to be a budget compromise - they’re a smart financial strategy.

• Built in Weeks, Not Months

Forget 12–18 month build cycles. Our homes are built off-site, installed on-site, and move-in ready in as little as 6–10 weeks.

Why it matters:

• You can generate income sooner

• Your family or tenants aren’t left in limbo

• You avoid delays from weather, material shortages and labour blowouts

Time is money, and modular builds give you more of both.

• Tax Depreciation = More Money Back

Modular homes are eligible for significant tax depreciation benefits.
We regularly work with accountants and quantity surveyors to show clients exactly how second dwellings can:

• Offset income through depreciation schedules

• Provide capital works deductions

• Strengthen long-term property portfolio performance

If you’re an investor or even just thinking ahead, this is a major win.

• No Red Tape Headaches

We’ve built our entire process around compliance, simplicity and speed.
As the AFR reports, modular homes are already being welcomed by councils across VIC, with planning exemptions under new housing acceleration laws. That means fewer hoops to jump through—and more time spent building equity.

We manage everything:

• Local council compliance

• Site prep and approvals

• Building code certification

• Delivery, install, and post-build support
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• A Pathway to Independence for Kids

Can’t afford to help your kids buy a house?
A second dwelling in the backyard can give adult children a safe, independent start without plunging them into debt or moving them across town.

It’s a solution that keeps families together, creates intergenerational wealth and helps solve the broader housing supply shortage at the same time.

A Better Way to Build Wealth

Whether you're a downsizer, investor, or homeowner looking to future-proof your block, a modular second dwelling is more than a smart idea - it’s a financial strategy.

At Space Property, we’re not just selling homes. We’re offering a faster, more affordable and completely transparent path to building wealth on your terms, using the unused backyard space you already have.

Ready to unlock your backyard’s potential?
Visit our Sunshine West display home. Your next property investment might be closer than you think.