With Interest Rates Going Up – Is a Granny Flat Your Best Option?
The Reserve Bank of Australia has finally chosen to tighten monetary policy. Variable interest rates, which had been very low for some time, are expected to rise again affecting many homeowners’ mortgages across the country. Banks immediately boosted their rates after the first rise and mo...
Why Keeping Your Adult Kids Close in a Granny Flat Makes Sense
The feelings of shame and laziness that were once associated with adults living at home have essentially disappeared for Millennials and Gen Z, who currently face an unstable job market, record-breaking property prices, flatlining wages, and sizeable HECS debts. In fact, there is a growing...
Why Building a Granny Flat for Your Parents May Be More Viable Than Ever
Caring for ageing parents often comes with tough choices. Do they stay in the family home, move into residential aged care, or find a way to live independently while still being close to family? With major changes to Australia’s aged care system now underway, building a granny flat could b...
Why are Granny Flats Becoming So Popular?
Granny Flats have become an increasingly popular choice for homeowners and investment seekers, offering the much needed opportunity to invest in property while interest rates keep making the news. While the housing market might be taking a hit, we’ve only seen further growth in the interes...
What the 2026 Budget Changes Mean for Granny Flats
Why the 2026 Budget Changes Are Actually Great News for NSW Granny Flat Builders Last night's Federal Budget dropped a bombshell on Australian property investors. Changes to negative gearing and capital gains tax will reshape the investment landscape from 1 July 2027. The headlines are ful...
What is an Attached Granny Flat?
Have you always wanted to enjoy the financial benefits and lifestyle advantages of a Granny Flat on your property, but have limited backyard space? Attached Granny Flats (sometimes referred to as a dual living design) are a great option for accommodating older children, extended family, gu...
What Boundary Setbacks Are Required for a Granny Flat in NSW?
In NSW the planning legislation is clear - Granny Flats are a welcome addition to housing stock across the state. There is specific legislation, updated in November 2021 (the Housing SEPP) that sets out the guidelines for being able to build a Granny Flat with NO council approval, includin...
What are the different types of granny flats?
Even the name ‘granny flats’ can bring on a bit of a vision: a little old flat, with a grandmother living out the back. But over the decades, granny flats have evolved, modernised and are an incredible living and financial opportunity for property owners. They’re helping with the housing c...
Understanding Land Zoning: A Step-by-Step Guide to Development Potential
Land zoning is set out by the State and Local Government to regulate the density and types of development within certain areas. Land zoning can be residential, industrial, commercial, environmental and for infrastructure, like main road and rail. These zones are carefully planned by state ...
Types of Loans to Finance a Granny Flat
Wondering how you could possibly finance a Granny Flat? Granny Flats, whether for expanding living space or generating rental income, often require specific financing solutions to suit individual circumstances. Its a common scenario that Australian's are lending against every day. This art...