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21 October 2020


THE 6 REASONS WHY YOU NEED A GRANNY FLAT

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With house prices continuing to rise over the years, and homeowners left without
the ability to refinance their home; many are looking to new solutions to meet
their lifestyle goals. For this reason, the unused space in the backyard is now
being looked at in a new way.

The age-old granny flat has typically been referred to as exactly that, a space
for your granny. Close to the family home but still affording the occupant
independence and their own home, granny flats are the perfect solution for
retirees. However, nowadays, granny flats can be used for so much more.

Here are the top reasons why you need an affordable granny flat:

 

1. The Retirement Revolution

As mentioned above, granny flats are an excellent solution for ageing parents,
who are looking to be close to the family without losing their independence. As
young adults and teenagers stay home longer, there also may not be the option to
move parents back into the family home for care. A 1-2 bedroom housing solution
that sits externally to the main house is the answer you have been searching
for. This option can be used by mum, dad or your grandparents; and offers the
opportunity to remain close to loved ones while being in the comfort of their
own home.

 

2. The Business Solution

In this era of changing workplace environments, you may be on the lookout for a
solution to your at-home office. Building a granny flat could provide you with a
new space to call your own and act as the command centre for all your daily
business operations. An external office that sits away from your main house will
also allow you to create a better work-life balance. Granny flats can be
customised to your needs and specific requirements, acting as an affordable and
easy way to make a workplace sanctuary outside of your home.

 

3. The Dream-Maker Studio

For those of us who are blessed with an artistic flair or musical genius, then
another option for a granny flat is to create a studio to give you the space to
let your passions soar. As mentioned above, granny flats can generally be
customised to your needs, making it the perfect option for those looking to
develop their own creative oasis. If you have the next Van Gogh or Mozart in the
making living under your roof, this could also be an incredible opportunity to
create a space for your little prodigy to explore their talents, away from the
hustle and bustle of the main house.

 

4. The Game-Changing Kids Breakout Space

As families with smaller kids know all too well, the space required to let the
little ones run wild can be somewhat constrictive in your primary family home.
However; but introducing a granny flat, this could be a welcomed addition to
simplify your lifestyle. Acting as a giant playground, the kids can let their
imaginations run free and the best part - the mess won’t be hindering the
functionality required in your home. Besides this, for those with teenagers or a
blended family, this could offer the extra space needed to provide room to
breathe and enhance the family dynamic. Simply hook-up a TV and add some
beanbags, and you have the perfect breakout space.

 

5. The Young Couples Retreat

It is no secret that with the affordability of housing decreasing, more young
couples are now looking to move back in with their families to help manage
financial strain. A granny flat can help your adult child get onto their feet
before moving onto their own home. This space will help take the burden and
stress out of finding a first home and provide much-needed support, as well as
acting as an excellent investment for future use. 

We also have finance options available to help make your dream granny flat a
reality sooner than you thought.

Discover Finance Options

 

6. The Investment Opportunity

Along with all the potential uses outlined above, another reason Australians are
more than ever looking to introduce a granny flat onto their property is the
potential for additional income. With the introduction of Airbnb, it is easier
than ever to gain additional revenue from the extra spaces you have at your
disposal. Along with this, the potential to lease out extra space could showcase
a promising passive investment strategy that could assist in covering the
mortgage of your property or simply provide extra spending money. Granny flats
have been shown to add value to properties, assisting in increasing your resell
value. Along with this, your granny flat may apply to tax depreciation; however,
we suggest that you engage a financial advisor or your accountant for advice.

 

It is VanHome's mission to provide innovative, affordable housing to all
Australians. With the property market becoming so rapidly unsustainable, we
believe that there should be another option for Australians in all stages of
life. In 2008, founder and CEO - Vito Russo, had a dream to provide affordable
housing to all Australians; providing a product that is so innovative, that it
is the pinnacle of affordable housing today.

VanHomes is the perfect solution in the situation where the person that's living
in the VanHome is related to the person in the main dwelling on the property.
Many Australian couples are looking for the flexibility of lifestyle, along with
a more secure plan for their retirement. A granny-flat unit provides this
security and is an affordable retirement option that keeps families close to
their loved ones.

As a registrable caravan, for most properties, your VanHome can be easily added
as a second dwelling without the need for council or building approvals. All
VanHomes can also be customised to your needs, whether you require grab-railings
in the bathroom or other features to make your life easier.

VanHomes is your new-age affordable granny flat that provides a hassle-free and
affordable living solution. Get in touch with our team of experts to discuss
options. 

Get in touch

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