Do granny flats, also known as secondary dwellings, have the potential to quickly and affordably address some of the current housing crisis?
Unlike government land releases, new subdivisions, higher density living, new homes being built on mass, the potential for granny flats to have an impact on the housing crisis is limited to the number of personal homeowners that want to go down the road of having a Granny flat on the same property as the primary residence.
In short, these structures can provide
A faster build for affordable housing solutions
flexible living arrangements for extended families.
Housing for adult children or elderly parents, who can maintain independence, while being close to loved ones.
additional rental income for homeowners. A return on investment could be as high as 20%
Income could be used to supplement retirement income.
buildings that could be used as a home office, studio etc.
the potential to increase the value of your property. A one or two bedroom and one bathroom unit could increase the value of your property.
There is no singular solution to the housing crisis, but whatever the solutions, the demand for affordable housing will remain.
If you are interested in exploring the potential to have a granny flat,
ReGen has designs for that additional building that can be
Customised to suit your property and needs
installed to lock up within 2-4 weeks from order
installed on a concrete slab , or not
7 Star energy efficiency
Contact us to find out more.
Disclaimer : not all properties are suitable for this type of additional building, and are subject to compliance with various regulations, council etc.