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  • Writer's pictureBibin Babu

10 Things About Granny Flats No One Will Tell You

Granny flats are a popular choice for people looking for a second home, or investment property. But many people don’t know all the benefits of granny flats. 




Discover the truth about granny flats and learn about the top 10 things that no one will tell you. From costs to zoning laws, get the facts you need to make an informed decision.



10 things about granny flats no one will tell you



We are here to say 10 important things or facts about Granny Flats that no one will tell you and you should know. Following are the 10 Things About Granny Flats That Nobody Will Tell You: 


1. Granny flats make great investments




When done properly, granny flats can be a great investment - either for short-term use or for long-term use as an investment property. In today’s real estate market, they generally hold their value and can provide a steady income stream over time. That’s because the average daily rate for a rental of a two-bedroom unit in Australia is around $100 per day. That’s over $5,000 a year!



2. They’re easy to build




Building your own granny flat isn’t difficult if you know what you’re doing. First-timers can buy plans from reputable companies and then hire contractors to help them build their granny flat. Or you can buy a flat-pack kit and assemble it yourself using a few basic tools. Keep in mind that there are a few extra steps that must be taken if you plan to build your granny flat yourself. And if you decide to hire a builder, make sure you ask a lot of questions to be sure you get the quality you want at the price you can afford.


3. They don’t need planning permission





In most Australian states, you don’t need building approval for your granny flat – you only need a planning permit. You can get these through your local council and they’re generally quick and easy to get. Some councils also have programs designed to help you get your granny flat built without any fuss. Costs to zoning laws vary widely depending on where you live so be sure to do your research beforehand.


4. You can rent them out to relatives




Many people use their granny flats as holiday accommodation, which allows family members to visit without having to worry about booking a hotel room. This saves money and ensures that everyone has a comfortable place to stay when visiting friends and relatives. See our Custom Granny Flat Designs to build your granny flats


5. They can expand your house or free up space in your house for other purposes




If you’re running out of space in your house, converting part of your house into a granny flat is a great way to create more room without having to move. You may also want to consider expanding your living area by building a second storey above your existing house. Some people even build a granny flat in their backyard so that they have more space to entertain guests when they entertain friends and family at home. (Take a Look at our fabulous Completed Granny Flats projects 😊)


6. They can be used as a home office or studio




Many people use their granny flats as a place to work from home or as office space for their business. Some artists even turn their granny flats into studios where they can pursue their passions in peace and privacy. The possibilities are endless! ( Granny Flat Builders near Lawson)


7. You can use them to rent out as a source of income




There are many people who are looking for affordable places to live and may be willing to pay a fair amount for temporary accommodation. A granny flat could be the perfect solution if you’re looking for a way to earn some extra income. Whether you build it yourself or rent it out to a neighbour, you can turn a granny flat into a wonderful asset that will provide a lot of value for you and your family for years to come. 



8. They provide a place for elderly parents to live





when they have to care for other family members If an elderly parent lives with you and you don’t feel it is safe for them to continue living on their own, you may want to consider building a granny flat for them. They can provide you with peace of mind knowing that your parents are safe and well cared for while also giving you more living space that you can use for other purposes. You can also rent them out to other families if you’re planning on selling your home in the future. 



9. They're a great way to give your kids privacy




while giving them room to grow While they’re small, granny flats can provide your little ones with a place they can call their own as they grow. They can use them as bedrooms or even an office to study when they need to study for exams. You may even be able to turn it into a game room where you can set up a gaming system and have some fun together as a family. 



10. They're great for guests when you entertain family and friends at home 




When your family comes to visit, you can host them in your guest room and keep your existing space free for entertaining other guests. When your grandchildren come to visit, you can create a fun playroom for them to enjoy while you keep an eye on them from your own living area. Best of all, you’ll have the extra living space you need to make your home a comfortable oasis for all your guests.  These are among many other reasons why building a granny flat can be a great idea for you and your family. If you want to start considering your options for building one on your property, give us a call today and let us help you get started. We look forward to hearing from you! 



The Granny Flat Experts blog is a leading Australian website for providing advice and information about granny flats.


FAQs 


Q: What is the purpose of a granny flat?


They are frequently built to accommodate elderly relatives on whose behalf the owner holds the title to the property on which the flat is built; alternatively, the "granny flat" could be rented to a tenant who has no connection with the property's title holders.


Q: What are some benefits of a granny flat?


A granny flat can have multiple benefits for your whole family. They give you extra space that you can use for a variety of purposes, such as a guest room when friends and family visit or an extra bedroom that can serve as a home office for when you need to get some work done from home.


  1. Privacy: Granny flats can be built as a completely separate unit from the main home and may be built with one or two bedrooms and a full kitchen and bathroom for added.

  2. Luxury Space: Some granny flats are spacious enough to feel like a guest house or in-law suite and can be used for overnight guests. Others can be big enough to include a full kitchen and large living areas like a living room, dining room, and kitchen so you can entertain guests comfortably.

  3. Value: Addition to your home - Many homeowners find that adding a separate unit can add significant value to their residence should they decide to sell in the future.

  4. Convenience: Some homes do not have a spare bedroom to accommodate visiting family or friends. A granny flat can give you the space you need to entertain your guests without being intrusive on the space in your home you use every day. A granny flat can also serve as a home office for those who work from home and need a place to get away from distractions to focus on their work.

  5. Rentable Income: Granny flats can be useful for generating additional income on your property to offset the cost of building the unit. They can be rented out to tenants for short periods of time when they are not in use by the owner. 


Q: Is a granny flat a good idea?


Yes, the answer to this question is a resounding yes! Granny flats are a great option for homeowners who are looking to expand their property and utilize the space they already have available. They have several benefits that make them highly popular among homeowners, such as added space, privacy, rental income, and convenience. If you are interested in building a granny flat, you can contact a local builder to discuss available options and obtain an estimate for the cost to build a granny flat on your property.


Q: Is a granny flat a long-term investment?


A granny flat is a type of second home, which is almost always an asset. While it is still possible for a granny flat to lose value or be a burden on your property, this is not a common scenario. Rather, granny flats typically have appreciated in value over time and can provide a substantial return on investment for property owners who decide to sell in the future.


Q: Are granny flats profitable?


Many people who build granny flats often end up renting them out to generate extra income. Granny flats can be rented out on a nightly basis to provide a convenient space for visitors to stay while they are in town. This can be a good way to offset the costs of building the granny flat and increase the overall profitability of the project.

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