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Friday, 31 May 2013

Granny Flats are Booming in S.E. Australia

Especially popular along the south-eastern coast line ever since the Affordable Rental Housing SEPP policy was announced, Granny Flat Melbourne, Granny Flat Sydney & Granny Flat Gold Coast constructions have witnessed a similar boost as more and more people are taking advantage of this cost effective living option.  Granny Flats in WA are also adopting this cost effective trend. 

Granny flats are small homes that are also ideal for the first home buyers. This this example, it contains 2 bedrooms each with their own en-suite and a double car park.   Make further en quires by contacting the Nova Group on 07 3385 0698.

Property investors have also shown a keen interest to use this opportunity as a business prospect.  There is even a trend where a large number of people are choosing to convert garages into a legal granny flat by gaining approval through a Complying Development or Development Application (DA).  A garage cannot become a liveable area unless it meets certain legal requirements.   The financial depression and current affordable housing crisis have equally contributed in establishing the construction of granny flats as a viable alternative.

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