how a granny-flat can add value to your home: , page-2

In WA you will soon be able to build a granny flat and rent it out, currently granny flats can only be used by relatives.

This will be a good short to medium option for people with big back yards and/or sub-dividable property as there will be no need to actually sub-divide and allows for full site redevelopment at a later date.

Depending on the size you can get a granny flat for $60-$100k, some are pre-built transportable and simply craned into place the have services connected.

The granny flat adds value to the property and in most cases can be sold and removed from the property when it comes to full redevelopment of the site.

If your property is close to or in a tourist area, renting as short stay accommodation can provide even better returns