Blog

Who lives in a Granny Flat? posted on the 17th March 2014

With our demographics changing and our population growing the need to provide adequate housing is putting more and more pressure on Local, State and Federal Governments.

Ipswich City Council has stepped up to the mark with the introduction of auxiliary dwellings included in the revised planning scheme. Not only can you add an auxiliary dwelling (commonly known as a Granny Flat) you can also rent it out to a ‘third’ party. Essentially this means renting it to tenants. You can live in the house and rent out the Granny Flat, or live in the Granny Flat and rent out the house. Investors can rent out both the house and the Granny Flat as individual entities to two completely separate parties.

Vision Property Group manages most of the new Granny Flats in Ipswich. We were aware of the councils intention to introduce auxiliary dwellings since it’s early inception and have working diligently in perfecting the formula to put the ‘right peg in the right hole’.

So, who rents a Granny Flat?

Granny flat for rent - investment property, positive cash flow

The Downsizers

Tracey was a home owner who decided to sell and rent, taking the pressure off meeting the mortgage payments every month. Living in a granny flat provides the security, the space and the affordability that Tracey needs, not to mention less mowing! She has formed a great friendship with her immediate neighbour, they watch out for each other, helping with everything from babysitting to collecting the mail. It’s a win/win for both parties.

Granny flat for rent - first home owners, investment property

The Savers/Newlyweds

Max and Trish are saving to buy their first home. They are young and savvy. They want to be independent from their parents but at the same time want to bank some of their wage each week toward the deposit for their new home. An “Ipswich Granny Flats” design is modern, sleek and individually designed to utilise the unique elements of every site and affordable. If Max and Trish are first home owners, they maybe entitled to the Queensland Government’s $10,000 Great Start Grant if they wanted to build a new home + granny flat – ask Ipswich Granny Flats for more information.

Granny flat for rent - Ipswich

The Single Mums

While there is always a stigma attached to single mums, the reality is that there are a lot of women out there who have been given the responsibility of raising children on their own. Their needs are safety and security. By making sure that consideration is given for both parties, Granny Flats are the perfect scenario for a woman on her own to have that security while also maintaining independence.

Granny flat for rent - retired, investment property

The Retirees

It might not be your mum and dad, but it might be someone else’s who has the desire to live in a new, modern home without the cost and all the work associated in maintaining a large home. Even a real Granny is the perfect candidate, an elderly person happy with some companionship whilst maintaining their independence at the same time.

Written by Sonia Woolley