Understanding the Growing Popularity. According to Classic Granny Flats, provider of custom built granny flats in Perth, these home additions continue to grow dramatically over the years. Due to high rental and home prices, which keep adult children at home longer, parents seek economical solutions that help their children achieve independence. Compared to other investment properties, granny flats are the cost-effective options that also increase rental yield.
ADUs, commonly called "granny flats" or "mother-in-law suites," date to antiquity. But there has been renewed interest as housing costs soar across the United States, especially in high-demand..
Realtor Sharon Hodnett Ranked in the Top 1,000 By Real Trends – RealtyBizNews: Real Estate News RealtyBizNews. real trends identifies the country’s largest and most successful agents and firms ranked by closed transaction sides and separately closed sales volume.
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THIS five-bedroom house has been designed with size and luxury in mind. Parts of the home have 5.8m ceilings while a charming tea room overlooks a pool area. QLD richlister’s $20m renovation. A QUEENSLAND richlister has spent over $20 million on a dream renovation project that’s expected to be complete within weeks.
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A $9 million state grant means the project’s architectural and design firms can get started on renovation efforts. Asbestos-ridden Liberty Station building will get new life as $17M performance center
Typically, investors are lured by the promise of high rental yields, not to mention the novelty of owning a little piece of paradise. With all that excitement it can be easy to overlook the risks of seasonal variances in occupancy, high maintenance costs and changes to property management contracts. However, there are ways to mitigate these risks.
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