Granny flats can provide an average return on investment between 10-20%
There are not many opportunities where a return of up to 20% or more could be achieved. By having one of our granny flats built on your existing property it will provide a whole other income stream for you.
Furthermore, flatmates.com.au reported in recent years that the weekly asking rent for a granny flat rose 5.95%, this was a higher rate than house at 3.9% and apartments at 1%.
Example of how a granny flat can put money in your pocket
A simple example of how you could have a positively geared investment earning you $16,000 per year.
Liking the numbers? For more information on all things cost, take a look at our ultimate guide to granny flat prices!
