Purchasing A Granny Flat In Brisbane

Granny flats have been around for a long time and are well known as secondary dwellings built for the elderly. Nowadays, granny flat residents exceed old expectations and are becoming a versatile living solution for anyone, young or old.

The Rules and Regulations Behind Granny Flats

Granny flats are considered secondary homes and are subject to some regulations. Just like building traditional real estate, there are some rules to consider (and follow) if you want to build one in your backyard.

In 2014, the Department of Planning and Environment launched regulations that easily define what granny flats are and how they’re supposed to be built. This streamlined the process and allowed for prospect builders to jump on their new project immediately.

Here are some things you should remember before hiring a contractor to build on your land:

  • Renting out your granny flat isn’t allowed in some states. Western Australia, Tasmania, the Northern Territory, and NSW all allow granny flat renting. However, this isn’t legal in Queensland, South Australia, and Victoria.
  • Granny flats can only be built on residential lots and on a property that must be at least 450 sqm in size. No two granny flats can occupy the same land, and the granny flat must be owned by the person that owns the primary dwelling.
  • Rules and regulations regarding granny flat building vary locally, so it’s best to contact your local council to make sure you hit all the marks.
Brisbane Granny Flat Build Converted Garage

Building A Granny Flat Brisbane Residents Love

A granny flat is a versatile living solution for any resident. Granny flats can come in all different shapes and sizes, making it one of the most enticing properties you could build in today’s economy.

Granny flats typically cost anywhere from $50,000 to $200,000, depending on the materials and the contractor you are working with. There are various ways to cut down the costs of your granny flat and really limit it to the bare essentials for everyday living.

Think of granny flats as a custom-tailor solution to living larger in a smaller package. These residences are often popular for people who choose to have their basic necessities within arm’s reach. However, it is similarly favoured by people who like adding extra features to make their home truly theirs.

Brisbane Granny Flat Build Converted Garage

Designing Your Own

There are different ways to create a granny flat. Most homeowners turn to these homes because they appreciate the ability to customize and create from scratch. However, the less creative spirits will also find that choosing a pre-designed accommodation is equally enjoyable.

When designing granny flats Brisbane homeowners will love, we have to consider the basic necessities of living. That includes a bedroom (or two, or three, or four!), a kitchen, a bathroom, and a living room.

There are various options for granny flat living. Here are some pre-made granny flats Brisbane homeowners will love:

  • Buena Vista 50: 1 bedroom with a large deck and an open space concept for large living
  • Huntington 100: a 3-bedroom, 2-bathroom property boasting of large total livable space and an optional deck
  • Glenwood 110: a larger 110 sqm property with an open space concept and sectioned 3-bedrooms for privacy
Brisbane Granny Flat Build Converted Garage

Your Space, Your Lifestyle

Some granny flats use sections to create privacy, others promote an open space concept and natural light to give the property an airy atmosphere. With hundreds of designs to choose from, prospect granny flat owners will have no problem picking one that’s best for their lifestyle.

Brisbane Granny Flat Build Converted Garage

The Income Potential Of Granny Flats

More and more people are turning to granny flats for extra income. In an age where residential costs are becoming more and more inaccessible for the general population, these alternative homes offer rental opportunities for both homeseekers and homeowners.

As a secondary dwelling, granny flat owners can rent out their property to small families and couples. With strict emphasis on separate entryways for both properties, families can enjoy security and privacy even if they’re living a few paces away from each other.

Granny flats can earn you as much as $400 to $1,000 a week, with a total income of $21,000 to $30,000 a year.  It’s a great way to earn extra cash and invest in real estate without spending a lot of money on maintenance costs.

As the cities get more crowded and more expensive, resorting to granny flat living is easily becoming a movement in the most urbanized cities, and will soon be adopted everywhere. It’s one of the best ways to make extra money – or save some if you’re a renter.

Brisbane Granny Flat Build Converted Garage

Interested in building your own granny flat? Call or email Hoek Modular Homes today!