SINCE 1997

Latest Granny Flats For Investors News

Granny flats no longer the sole preserve of elderly

API Magazine explores the factors driving investors towards the granny flat market and provides an expert checklist to ensure your building project is a success.

Granny Flat in front of two storey home
Short-stay websites like AirBnb and Stayz added another option in recent years for investors to produce income from a granny flat. Photo: Shutterstock

Driven by changes in home affordability, welfare, economics and societal attitudes, the once humble granny flat has evolved from a cleaned out garage afterthought into a tastefully designed, income-generating, multipurpose dwelling.

Traditionally designed for ageing parents, granny flats have evolved to cater for a wide range of market segments.

Property investors are finding that granny flats can not only provide a boost to the value of their …