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Everything you need to know before you build a granny flat

More than half a million homeowners in the country want to build a granny flat and they have plenty of reasons to build one. But before you call in the experts, here are a few points worth considering:
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More than half a million homeowners in the country want to build a granny flat and they have plenty of reasons to build one. But before you call in the experts, here are a few points worth considering: 

A recent CoreLogic report revealed that more than half a million homeowners across Australia could build a granny flat if they wanted to. You could be one of them. In this blog, let’s revisit the reasons why you should consider building one and how to get started on this kind of project. 

Why should you build one?

If you are a parent who wants to help your adult children on their road to independence, build a granny flat and let them move in there until they save enough money for a home deposit. 

If you have a spacious property and you want to keep your elderly relatives close, build a senior-friendly granny flat. Put up everything they need to make them feel at home, so you don’t need to send them to an aged-care facility. 

READ: What if you build a granny flat for your senior family members?

If you want to earn extra income, build one and put it up for rent. Look up granny flats for rent on https://flatmates.com.au/ and you will find listings ranging from $250 to $780 per week. 

However, the rules and regulations around renting granny flats differ from state to state. Some states and territories permit you to rent out your granny flat. It is illegal in South Australia, Victoria, and some parts of Queensland — unless the border is a family member or a ‘dependent’ of the homeowner. 

Because a granny flat is a potential source of income, it attracts home buyers. The same report from CoreLogic found out that a granny flat boosts a property’s value by up to 30 per cent. So, if you live in a populous neighbourhood and you plan to sell your home in the future, a granny flat is a great investment. 

When does a granny flat add value to your property?

Building a granny flat is a project that you should take seriously. Only well-designed and well-built granny flats boost the value of the property. Otherwise, the buyers might demolish it in exchange for a larger backyard. 

What makes a good granny flat?

The best granny flat designs offer privacy to you and the granny flat tenant. Make sure the structure has a separate access, so the granny flat occupant doesn’t need to go inside the main house every time. 

Of course, the granny flat must not take up the entire backyard. You don’t want to cram your tenant. Make sure there is enough outdoor living space for everyone.

Here in Superdraft, we manage a lot of granny flat projects for our clients. Our designers do a lot of research on the areas we work in. We make sure that there is enough room in the backyard to build a granny flat. We also help our clients design and build a one that works on a small block too. 

Need help designing a granny flat? Send us a message and we’ll be in touch with you.

Are you allowed to build one?

Before you forge ahead with this project, you need to call your local council and check whether your property meets the minimum requirements to build a granny flat. 

Here in Superdraft, we have hundreds of designers across the country who know the council regulations by heart. 

Each council has different guidelines, and every project has different challenges to overcome. To make sure everything runs smoothly, we analyse the project and guarantee council approval. We notify our clients when their design requirements do not meet council regulations and provide alternative design solutions. 

What features should a granny flat include?

Homeowners have design freedom when building a granny flat. The goal is to make the structure feel like home.

There are a lot of factors to consider when designing this structure — your budget, the size of the block, contours of the land, purpose of the granny flat, personal circumstances, and the ways to ensure privacy. 

For instance, a granny flat for your elderly parents requires an open floor plan, extra wide doors, and other accessibility features. You want to make all areas senior-friendly. 

How much does a granny flat cost?

Having a professional design and draft a granny flat costs from $800 to $3,000. The total cost of building one ranges between $100,000 to $250,000 depending on the specifications. 

The process is also similar to building a new home, and there’s always a possibility of overcapitalisation and going over budget.

Note: We have helped hundreds of homeowners in NSW areas build their dream granny flat. We can help you too, with the help of our Sydney-based designers.

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Contact our Sydney-based building designers for more info.

 

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Want to make the most of your property? Build a granny flat for rent

What If You Build a Granny Flat for Senior Family Members?

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