Have you always wanted to enjoy the financial benefits and lifestyle advantages of a Granny Flat on your property, but have limited backyard space? Attached Granny Flats are a popular option for those with smaller blocks of land, and are included in the government’s limited-time-only $25,000 HomeBuilder scheme.
Moving out of a big house and into a smaller space, or ‘downsizing’, is a rapidly growing trend for Australians over 50 years of age. In fact, while just 3 per cent of Australians downsized in the early 2000’s, these days 43 per cent of Australians aged between 50-59 have moved into a smaller dwelling or relocated as they approach retirement, according to a recent survey by the Australian Housing and Urban Research Institute (AHURI).
Having built Granny Flats throughout NSW and the ACT for over 25 years, Cubitt’s Cubitt’s Granny Flats and Home Improvements has a variety of perfected 1-bedroom, 2-bedroom and even 3-bedroom Granny Flat designs to choose from, all with a wide range of inclusions.
The feelings of shame and laziness that has in past times been associated with adults living at home has essentially disappeared for the Millennial generation – who currently face an unstable job market, record-breaking property prices, flatlining wages and sizeable HECS debts.
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.
It’s all too easy to identify homes that have taken shortcuts during the build process. Crumbling or flaking concrete, flimsy door latches, electrical switches which don’t work – small details that all paint a bigger picture.
There is no denying the impact of the COVID-19 pandemic (coronavirus) on our society, and it will likely change the way we live for a long time yet. Could Granny Flats be a way to protect our most vulnerable loved ones?
Our Blog There’s no denying the impact that the COVID-19 (Coronavirus) pandemic is having on economies all over the world. In fact, the ABC is reporting that almost 90 per cent of businesses in Australia are expected to be impacted in the coming months. Armed with this knowledge, is there a smart way to prepare…
In recent years, strong housing price growth and the need for affordable housing has driven a rise in the popularity of Granny Flats across NSW and the ACT. A Granny Flat is a positive investment, whether you’re looking to increase the value of your property or need a separate living space for family members.
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.
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