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Financing your Granny Flat
Explore exciting possibilities with a free site visit from one of our experienced design consultants. We’ll work within your budget to bring the most value to your project, whether through a highly marketable granny flat or a home extension that adds thousands in value to your home.
In Australia, Granny Flats are becoming an increasingly popular investment and versatile asset to add to existing homes. As families change over time and parents get older, Granny Flats provide an ideal lifestyle for parents who want to avoid overcrowded and expensive aged care facilities and instead be close to family and their grandchildren.
It’s one of our most frequently asked questions. At Cubitt’s, we get asked the question “How much is a granny flat?” almost every day. The answer is, that really depends on a few things. What you want, what your budget is, and what can be built on the designated land.
Have you found the amount of ‘stuff’ in your house just keeps stacking up? Do you spend endless hours vacuuming, dusting and tidying rooms you no longer use? Is your backyard becoming too laborious and time consuming?
There is a plethora of personal and long-term financial benefits to moving your ageing parents into a Granny Flat. These include adding value to your existing property, future leasing benefits, childcare benefits, health and supervision, privacy benefits compared…
The most important one since World War II, the Federal Budget announcement made earlier this month has been carefully designed to accelerate the economic recovery.
Our Blog Even before the rise of the COVID-19 pandemic, the Millennial generation already faced a considerable challenge when it comes to growing wealth. An unstable job market, flatlining wages, substantial university debt and record-breaking property prices are all significant hurdles on the path to financial growth. Yet there is a trend being seen with…
There has truly never been a better time to invest in a home extension or renovation project, with the Australian government having just announced limited-time-only $25,000 cash grants for homeowners, to either build a home or upgrade their existing home.
Extending your home may be the perfect solution for anyone with a growing family, or for someone looking to increase the value of their existing property. But where do you start?
Planning to build a Granny Flat is an exciting time, not only due to providing flexible additional accommodation for your family, but also as an investment that is likely to increase the value of your existing property and bring in a constant, passive revenue stream to your overall income.
As any family grows, they often find their existing home is no longer suitable for their needs. It can be an onerous situation for many families, who are yearning for added functional space yet plagued by the prospect of leaving the home they know and love. If you are considering whether to renovate your own home or commence the search for a different home entirely, here are some questions you may want to consider in advance.
Is there a smart way to prepare in advance, and protect your family from the financial ramifications of a recession? In this article, we investigate if building a Granny Flat can help recession-proof your family.
A breakdown on Granny Flats and the Age Pension Will I lose my pension? While Granny Flats are no longer just for grannies, some of our clients do come to us at a stage of their life when they are receiving a part or full age pension.