Sydney is a dynamic city known for its stunning residential properties with great features and amenities. In recent times, granny flats have gained massive popularity among Sydney homeowners. This additional living area not only works as a functional addition to your property but also is a valuable investment with great returns.
So if you are also a homeowner in Sydney and looking to enhance the value of your property, getting a granny flat can be a good choice for you. Here in this blog, we have discussed what a granny flat is and what are the top benefits of having a granny flat in Sydney.
What is a Granny Flat?
A Granny flat is a secondary living space built separately but within the territory of the main house. It is generally built for one or two people and contains all the essential facilities such as bathroom, kitchen, bedroom and living area. It is called a “Granny Flat” because it is commonly used for accommodating elders in the home.
However, granny flats in Sydney can also be useful for guests, extended family members, and rental purposes. It has a dedicated entrance separate from the entrance of the main house which makes it more convenient to use. They have space limitations and can only be built within a limited area.
Top 6 Benefits of Granny Flats in Sydney
- Improved Curb Appeal
Granny flats can help you boost the curb appeal of your property with their sleek and stylish design. When designed thoughtfully, they blend seamlessly with the main house and the surrounding landscape, giving an appealing look to your property.
A well-designed granny flat can complement the main house with matching materials, colours, and design elements, enhancing the overall architectural feature of the property and giving it a better curb appeal.
Whether you opt for a modern, sleek design or a more traditional look, a well-constructed granny flat can be a standout feature that catches the eye of passersby and visitors alike.
- Enhanced Property Value
A crucial advantage of having a granny flat in Sydney is it can have a major effect on the value of your property. As the real estate market in Sydney continues to grow, properties with additional living spaces are highly in demand.
An additional living space with the main home can improve the functionality of your property. Since they offer more flexibility and potential uses, potential buyers see granny flats as a versatile asset.
So even if you wish to sell your property in the future, having a granny flat can be highly beneficial. This means that a granny flat is not just an expense but a strategic investment that boosts the overall worth of your home, and provides you with excellent returns.
- More Privacy & Security
A granny flat on your property can also provide you with improved safety and security, making it an ideal addition for various purposes. Whether used for housing family members, guests, or tenants, the separate living space allows for independence while still being within close proximity to the main house.
By hiring an experienced granny flat builder in Sydney, you can strategically design your granny flat that will improve the privacy of your main home and granny flat. For instance, an elderly parent can live in the granny flat, enjoying their own space while being close enough to the main house for support and companionship.
Moreover, an additional space can help in reducing the risk of potential intruders entering your home. With separate entrances, you can also enhance the security of your home. This added layer of security can give homeowners peace of mind, knowing that there are more eyes and ears on the property.
- Added Room for Family & Guests
One of the most practical advantages of having a granny flat is the additional living space it provides. Large families in Sydney often face space constraints, especially during holidays and gatherings.
Granny flats offer an effective solution for the accommodation of extended family and guests during special occasions, providing them with comfortable living space. This arrangement ensures that everyone has enough room to relax and enjoy their stay without feeling cramped or uncomfortable.
Apart from that, even if you have a growing family, you can use the granny flat to provide your children or older family members with separate bedrooms while still being close to family.
- Extra Rental Income
Another benefit of having a granny flat in Sydney is it can be used for starting and passive income. This additional income stream can help offset mortgage payments, cover maintenance costs, or even fund other investments.
Since the granny flat is separate and has all the required amenities in it, you can easily rent it out to long-term tenants or short-term renters through platforms like Airbnb.
Whether a person, couple or a small family by renting out your granny flat, you can recover the building cost in a short period of time and start a second income without any hassle.
- Efficient Use of Space
In cities like Sydney, where land is costly, making efficient use of available space is crucial. Granny flats are an excellent solution for maximising your property’s potential. They can be constructed in underutilised areas, such as a backyard, without compromising the main house’s functionality.
This efficient use of space ensures that every square metre of your property is put to good use, enhancing its overall utility and livability. By adding a granny flat, you make the most of your land, turning it into a versatile and valuable asset.
For example, a backyard that previously served only as a garden or storage area can be transformed into a comfortable and functional living space, increasing the overall value and usability of your property.
- Comfortable Home Office
With the rise of remote work and flexible working arrangements, having a dedicated home office space has become increasingly important. A granny flat can serve as an ideal home office, offering a quiet, separate area free from the distractions of the main house.
This dedicated workspace can improve productivity, provide a professional environment for meetings, and help maintain a healthy work-life balance. Moreover, if you run a small business, a granny flat can serve as a base of operations, allowing you to separate your work and personal life effectively.
Things to Consider When Building A Granny Flat in Sydney
Local Regulations and Guidelines
When building a granny flat, local regulations and guidelines are the very first things you need to consider. The New South Wales government has specific rules regarding the construction of secondary dwellings. So before starting your granny flat project, familiarise yourself with the local regulations and zoning laws in Sydney. Understanding these regulations initially will help you avoid legal issues and ensure a smoother building process.
Your Requirements
As discussed earlier, granny flats can have multiple benefits and applications. So you need to have a clear understanding of your specific requirements and goals for the project. Whether you want extra space, are willing to sell the property in future, want to start a rental income, or looking to create a space for an extended family, by analysing your needs you can decide the design and budget of the granny flat.
Total Budget
Establishing a clear budget is crucial for the successful completion of your granny flat. Consider all potential expenses, including design fees, permits, construction costs, and landscaping. Apart from that, you may also face some sudden challenges during the construction work so it’s also wise to allocate a contingency fund for unexpected costs that may arise during the project.
Preferred Design and Layout
Your preferences for the design and layout of the granny flat should be clearly defined. Think about the number of rooms, the style of the kitchen and bathroom, and any special features you want to include. Collaborating with experienced professionals can help bring your vision to life while ensuring the design is practical and meets local building codes.
Future Considerations
Consider how the granny flat may need to adapt to future needs. Designing a flexible space that can be easily modified or repurposed can add long-term value. Whether it’s expanding the living area, adding additional rooms, or converting the space for a different use, planning for flexibility ensures that the granny flat remains functional and valuable over time.
Summing Up
Granny flats are a helpful addition to your home. It is a separate living area within the property suitable for one or two residents. Having a granny flat in Sydney can have many benefits including improved curb appeal, enhanced property value, more privacy and security, added living space, extra income source, and effective use of space.
If you are looking for a reliable granny flat builder in Sydney, you can rely on Edyco Building and Construction. We specialise in creating custom granny flats that meet your requirements and reflect your unique style. So look no further, contact us and bring your dream granny flat into reality.