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Granny Flat Case Study

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Granny Flats - The rising trend
Granny flats are the newest home improvement and renovation trends gaining popularity all over the worlds. Granny flats Sydney are not only providing extra accommodation, but also generating extra rental income for many home owners.
In the past, converting your garage or backyard to a living place and rent it out was viewed as illegal in Australia. But those days are long gone. With new property regulation that encouraged construction of affordable secondary dwelling places, granny flats started popping out in Sydney and spreading all over the country. While some homeowners are ignorant of this new trend, the smart homeowners have started to build secondary dwelling spaces on their property and making extra …show more content…
The extra space created can be used to accommodate family members, extra office space or as investment to generate rental income. They can also be constructed as separate structure, and since they do not interfere with the structure of your main building, they are cheaper to construct.
The new property regulations allow granny flats to be constructed in all residential-zoned property. However, you can only have no more than one granny house in a block of land with only one residential house. The floor area to be used by the granny flat should not be more 60 percent of the property and the total combined area used by the main house and the granny flat should not exceed that allowed by the local government.
Check with your local government on the set regulations of these secondary dwelling places. Some of the common regulations include:
 Both the primary and secondary dwelling should be owned by the same person
 One granny house for one residential property
 They cannot be subdivided, owned by community or exist on a strata title
 Cannot be constructed on commercial property or unoccupied …show more content…
• Home owners
Many home owners are taking advantage of granny houses to generate rental income that can be used to pay off mortgages and home loan. Some opt to stay in the granny house while renting the main house to generate more revenue that can help pay the said loan quickly.
• Family accommodation
Granny houses have become popular in providing extra living spaces for not only the elderly family members, but also for both single parents and extended families. If you are a young couple looking to save enough money to have your own place in future, you can consider building a granny house in your parent’s backyard or garage and have a new house and be independent.
• Home office
Modern technology and renovations allows you to work from home. A granny flat can provide you with a home office that is separate from the main house with conducive working atmosphere. Furthermore, a home office saves you money you would have spent to rent or buy an office

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