Are granny flats in Brisbane a good investment?

With all the hype about building granny flats in Brisbane, homeowners need to do their research and make sure that they are a good investment for their situation. If you have been considering building a granny flat on your block of land, here are 5 reasons why it might be a good idea.

  1. Lifestyle choices: You might want to build a granny flat so that your elderly parents can live close to your family, but not actually in your house. Many elderly relatives need help as they age, but still want to hang on to their independence; many adult children want their parents living nearby, so they can help them, but don’t have the room or the desire to share the same house in Brisbane; granny flats are the easy solution.
  2. Rental income: If you have the space on your property, you can build a granny flat and rent it out until it’s needed by your elderly parents in the future. Obviously you would need to declare any rent as income to the ATO, but it can make a big difference and gives you a granny flat that is ready and waiting for when it’s needed by your parents.
  3. Reducing investment risk: If you already have a rental property, then you have all your investment eggs in one basket, so to speak. With a granny flat that is producing rent however, you have an additional source of income to tide you over until your other rental property is tenanted; this spreads your risk quite nicely.
  4. Tax savings: Maintenance and repairs for granny flats that are tenanted in Brisbane can be used to offset your tax debt by reducing your taxable income. If it’s not tenanted of course, you can’t claim any repairs or maintenance.
  5. Increasing the value of your property: Whilst you will most probably be able to sell your home for a higher price with a granny flat on your property, this higher price may not always cover the total cost of its build. Also, when you do decide to sell your home, you may reduce the available market, simply because not everyone wants a granny flat!

Many homeowners build granny flats in Brisbane for the simple reason that they need space for elderly relatives, a teenage retreat or as space for guests, a studio and a home office. Whatever your reasons for building a granny flat, call us on 07 3209 4623 for a chat about your needs.

Inspiring ideas for the modern granny flat

A modern granny flat is ideal if you want to provide housing for your elderly relatives, you need a teenage retreat or you want to earn some rental income. They come with at least one bedroom, bathroom, kitchen and living area and can be designed to suit your exact needs.

However, with so many different designs available, it’s often difficult to decide which is best for your requirements. So if you are in the market for a modern granny flat, here are a few inspirational designs to consider.

Architectural designs

Depending on the design of your main house, you might want to follow that design onto your modern granny flat by including the same type of external or internal architecture. At Queensland Granny Flats, we can match the architecture of your granny flat to your home quite easily!

Minimalist designs

If you have a limited amount of space available and want to focus on utility more than anything else, then a minimalist design might suit your needs. This type of modern granny flat is ideal if you are on a limited budget as well, and want to increase your household income by renting the flat.

Contemporary cottage designs

With a beautiful veranda to while away a few lazy hours in the afternoon, a contemporary cottage design might tick all your boxes. This type of modern granny flat includes all mod cons, but from an aesthetic point of view, it also oozes a ‘back to nature’ cottage feel, so loved by many homeowners.

Step up designs

These can include a few steps up to the veranda and living areas to offer a clear separation between the main house the granny flat or can be raised up on poles to provide car parking underneath and access to a beautiful view.

Landscape designs

These are different to the contemporary cottage designs in that they seem to disappear into the landscape, offering the ideal of complete separation between the flat and the main house. This design is ideal for larger properties with lots of trees and extensive landscaping.

To discuss your ideas for your own modern granny flat on your land, call us on 07 3209 4623 for a chat about your needs.

What styles of accommodation do granny flat builders offer?

As experienced and reputable granny flat builders we offer designs that range from one bedroom studios to three bedroom homes, but anything larger really isn’t considered a granny flat.

In fact, the local council dictates the size of additional accommodation that can be built on existing blocks, so depending on your size plot, you will be restricted to a certain size granny flat. Apart from these specific restrictions, you are free to design the perfect accommodation, but generally your first priority is usually that it should be affordable and comfortable.

Independence and privacy are two other important factors, but accessibility is also essential for elderly relatives or anyone who has difficulty with mobility. So to help you decide which type of accommodation is perfect for your situation, here are three different styles that most granny flat builders will have on offer.

Modern loft style granny flats

Young people who want to stay at home longer tend to like these loft inspired designs that suit inner city suburbs where there is plenty of action, a café culture and lots of nightlife within easy reach. Granny flat builders should have no problem creating one of the loft designs that are perfect for blocks that have a limited amount of available space.

Ranch style granny flats

These designs take up more space, simply because they are influenced by a ranch design. There is more of a flow to these designs that include large windows to let in lots of light and a lovely deck, patio or wrap around veranda to enjoy views of the garden. These are more suited to larger acreage blocks and most granny flat builders should be able to customise these designs to suit your needs.

Modern and contemporary granny flats

These tend to be more affordable options, so they are smaller than the Ranch and Loft Style granny flats, fitting everything into a compact space. Heralding from the days when kit homes were a popular option for additional accommodation, these designs offer modern, clean designs for small spaces, but can easily be upgraded to suit your requirements.

As quality granny flat builders in Queensland, we can design something that perfectly suits your requirements and is within your budget. Call us on 07 3209 4623 or send us an email for more information.

What features can be included in our granny flat designs?

We can customise our granny flat designs to suit your specific needs, but generally we use a number of features that have several options. These are the type of roof, kitchen and flooring. Let’s take a look at each of these features, so you can think about how you could tailor them for your own granny flat.

Colorbond or tiled roofs?

You can select from either colorbond steel roofs or tiles, whichever suits your design aesthetics.  Generally, people have a preference for one type of roofing material over another, which is fine because we can accommodate your preferences quite easily. We can also match the roof of your granny flat to the roof of your main home, as well as include solar panels, solar roof tiles and even solar batteries in your package.

Flooring options

Do you want tiles, carpets, bamboo, cork, laminated flooring or hardwood? Many of our granny flat designs have one type of flooring throughout the entire building, but you can choose to have carpets in the bedrooms and hardwood in the rest of your new home or any other combination that suits your needs. We can include your preferred flooring options in your final quoted price and they will be professionally fitted and ready at completion or you can have them installed at a later date.

Kitchen options

The kitchen is the heart of your home and just because this is a granny flat, doesn’t mean that you need to stint on your kitchen. We can design a kitchen that fits in with your budget or your specific needs or you can select from one of our popular granny flat designs that has the perfect kitchen for your lifestyle. We can include an island bench, stone countertops, a bar fridge and anything else that will make this area your dream kitchen.

Just tell us all your needs and we will create a design that includes everything that you want, at a price that you can afford. It’s important however, to remember that a granny flat will be much smaller than a regular size home, so it’s always best to select a few items that you can’t live without and focus on making sure that the overall design suits your needs.  

Why not visit our display homes and check out our quality granny flat designs for yourself? You can also call us on 07 3209 4623 or send us an email.

4 common uses for granny flats in Brisbane and Logan

Are you considering building granny flats in Logan or Brisbane? These compact second dwellings are the ideal investment property, because they add a significant amount of value to your home.

Granny flats are completely separate dwellings, but they can also be attached to the main house if you prefer. Some homeowners even add a small fence and a separate garden area for their Brisbane granny flats, giving them an even greater impression of being a separate dwelling.

If you are thinking of building a granny flat on your property, it’s best that you contact a professional granny flat builder who is experienced in building a second home on an existing property. This is because they will understand all the rules, regulations and council requirements pertinent to a second dwelling and will know exactly how to proceed with your build.

Here are a few of the most popular reasons why Queenslanders build granny flats in Logan and Brisbane.

As a home for their elderly relatives: As our parents start to feel their age, one of your options is to have them move in with your family, but sometimes you don’t have the room or your parents want to keep their independence. A granny flat is the ideal solution, because your parents will have their own compact home, whilst also being close to your family.

Work from home office: More and more Aussies are now starting to work from home and run their own business. They might need a separate area for clients to visit, for employees to work or to showcase their stock, even just for some peace and quiet! Granny flats in Brisbane and Logan are the ideal alternative to leasing an office or struggling in the main house to run your business.

Rental income: Adding granny flats in Logan homes is a great way to earn additional income, because you can either rent out the granny flat or move into it yourself and rent out your home. For people who want to pay off their mortgage quickly or save for their retirement, this can be a very workable strategy to increase your income and achieve your financial goals.

Extra room for guests: If you struggle to provide room for guests in your home, but you don’t want to move to a bigger home, building a granny flat in Brisbane, might be a good solution to your problem. Your guests will have their own space and none of you will feel on top of one another during their stay.

For more information on building granny flats in Logan and Brisbane or to discuss your needs with an experienced granny flat builder, call Queensland Granny Flats on 0420 382 728 or send us an email today.

What’s involved in building granny flats in Logan or Brisbane?

Building granny flats in Logan or Brisbane is a shrewd move for Queenslanders as you can increase the value of your property and provide yourself with an additional income. As a granny flat builder, the team at Queensland Granny Flats knows all the facts about building a second dwelling on your land, so let’s take a look at some of the more important points.

Tips on building granny flats in Brisbane and Logan

Normally there’s no problem building granny flats in Logan or Brisbane, but some councils do have restrictions that might affect you, depending on where you live. Some councils in South East Queensland have minimum block sizes and frontages, as well as required setbacks for second dwellings.

Review certification requirements

You will also need to obtain planning permission, but your granny flat builder can organise that for you. Also, when you build a second dwelling it will need to comply with the Building Code of Australia and any other relevant standards.

Review your plans

As a precaution and before you apply for building permission, you need to decide how to extend your sewers and stormwater drains to incorporate your new granny flat. As a professional granny flat builder, we know that this can sometimes be tricky, simply because of the way the original systems were built on your land and the route they take to and from the main outlets. We might need to make a few changes to these underground systems to accommodate your second dwelling, but if it needs to be done to ensure that the systems work correctly, then this becomes just an extra job for your builder.

Look for builders with full packages

If you are considering building one or more granny flats in Brisbane or Logan, it will pay to contact a reputable granny flat builder, so you can get the best building for your money. Look for a builder who offers package deals with modular buildings, as well as custom designs so that you can have the exact design you want on your land.

When making the decision to build a granny flat, you always need to consider the cost of the build, but with a good rental return (think of Air BnB!), you should be able to cover your costs easily within 5 to 7 years, or even sooner, depending on the overall cost.

To get the ball rolling on finding a professional granny flat builder, call Queensland Granny Flats on 0420 382 728 or send us an email today.

Looking for granny flats in Logan? Build a granny flat in Logan before 1 July 2018 and save $23k!

Building granny flats in Logan is becoming more popular with homeowners and investors. Home owners tend to build them so that an elderly relative can live close to the family and still have their independence or even as a teenager’s retreat. On the other hand, some home owners tend to build granny flats in Brisbane and Logan as rentals to earn themselves an extra income.

As a professional granny flat builder, we always keep up to date with the industry and we have just seen something that will affect everyone who wants to build granny flats in Logan in 2018. It appears that Logan Council will now charge a $23,000 infrastructure charge to anyone who builds a second dwelling on their property.

This charge comes into effect on 1st July 2018 and is designed to crack down on people building granny flats in Logan, apparently because of the problems with parking and the pressure on sewers resulting from these additional dwellings, and confusingly – the pressure on parks as well!

How to save the $23,000 infrastructure charge

At the moment, if you build new granny flats in Brisbane, you won’t have to pay this extra fee, it’s only granny flats in Logan that will be affected. John Raven, Division 5 councillor for Logan has stated that this charge is meant to discourage dual occupancies being built in entire streets in Logan.

If you are considering building one or more granny flats on your Logan property, it will pay you to contact a reliable and trusted granny flat builder very soon, so you can lock in your contract without incurring this additional cost.

Saving $23,000 is massive! So if you are on the fence and you’re not sure whether you want to build a granny flat at the moment, give it some serious consideration. If you miss the boat and decide to build in the next financial year, you will have to pay an extra $23,000 to the Logan Council for the privilege!

What could you do with $23,000? That’s a big slice of the cost of your granny flat, so why give it to the council? Of course, if you are building granny flats in Brisbane, you are safe for the time being, but that doesn’t mean it will remain like that for long.

At Granny Flats Queensland, we have a range of Granny Flats designed and engineered for comfortable and cost effective modern living in Logan that will be perfect for your property. Call us on 0420 382 728 or send us an email today.

How to earn ongoing income with granny flats in Logan or Brisbane

Regardless of your age, it’s worth considering building one or more granny flats, in Logan and Brisbane as an additional income for your retirement. You could even consider early retirement, particularly since the retirement age keeps increasing all the time. With most people having to work until they are at least 75 years of age, funding an early retirement seems next to impossible for most Aussies.

We can’t even rely on our superannuation anymore, because history tells us that it can go down very easily if the stock market takes a dive; living off a pension is no-one’s idea of a fun time. So one solution is to take a look at building one or more kit homes in Brisbane or Logan, on your land as a form of income for your retirement.

How can granny flats in Logan or Brisbane help your retirement?

Any investments you make need to minimise your risks and maximize your income, and as a professional granny flat builder, we know that building an additional dwelling on your property makes financial sense. This is an investment that is built on your property, allowing you to get the most value out of your property in your retirement.

Many retirees find that they can no longer afford to live in their home, because of the maintenance, rates and utility bills. Earning an extra income on your own property, reduces your financial stress and helps you to stay in your home and bring in a decent income as well. It even increases the value of your home!

Building granny flats in Logan or Brisbane is only a fraction of the cost of building a regular home and you don’t have to pay for the land, which is usually a large part of the costs. Most people find that with an average return of 15% to 18%, their kit home pays for itself in 5 to 7 years.

The key to making this all work is to find a granny flat builder who has a good reputation in the building industry and won’t disappear and leave you in the lurch. Queensland Granny Flats is a local building company with years of experience in the industry offering Granny Flats designed and engineered for comfortable and cost effective modern living in Brisbane and Logan.

Why not call us on 0420 382 728 or send us an email today to discuss your needs?