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30 Jan, 2024 01:20 pm 1173 | 0
Like a good percentage of Australian citizens, you are probably interested in increasing the usable space of your home with a minimal investment. But Sydney's housing market, with time, has become increasingly restrictive for Aussie families, and prices for bigger and more advantageously situated dwellings have risen substantially. Are you looking for a way to increase the square footage of your residence while also growing the resell value of your primary house? Then ADUs built by granny flat builders in Castle Hill are a solution to consider.
Granny flat builders can construct a comfortable ADU in tune with the regulations imposed by the Australian government that will suit both your practical endeavours and your subjective aspirations. Want your granny flat to convert into an extra bedroom for your elderly relatives? In that case, with the help of home builders, your vision will come to the surface. Are you interested in obtaining a quick profit? Then, you could rent the granny flat for a fixed rate in tune with market requirements. Versatility is the main advantage of granny flats, and this works in your favour, no matter the requirements of your family.
For one thing, a high-quality ADU built with the help of reputable granny flat builders in Castle Hill can provide a physical location for a small business. Do you have an idea for a private venture? In that case, your newly constructed ADU can act as a separate office space and detach your work life from the private one. ADUs are ideal if you need extra activity space for your work tasks but don't want to waste the precious square footage of your primary dwelling with office rooms. But perhaps your interests lie elsewhere. Are you a creative individual who is always looking for ways to express your inner thoughts? Then, an ADU can be an art studio.
Have you recently adopted a new pet, but he is not yet fully house-trained? In that case, your newly built ADU can act as temporary accommodation for your fluffball. Do you want to get more active, and do you require more space for physical exercises? In that case, an ADU can become a fitness studio or a home gym. Ultimately, ADUs give you the space to put your vision in motion and are a blank canvas that you can paint in any shape or form you desire. Do you want to rent the space out and earn a passive income? That's an excellent idea, but ADUs can be more than that and are ideal no matter your preferences and demands.
An ADU constructed with the help of granny flat builders will present much fewer headaches than a primary residence. This is mainly due to the complexity of the project and the paperwork required before you break ground. Thanks to the AHSEPP bill of July 2009, building granny flats in NSW does not require council approval, making the process much simpler. What’s the duration needed to complete an ADU designed by professional home builders? On average, it takes around twelve weeks, but the timeframe may be influenced by the complexity of the project, disputes with neighbours or the construction requirements specific to NSW.
When constructed by reputable home builders, granny flats are durable, straightforward, and cost-efficient, which is why they are increasingly common in Australian backyards. Are you a Castle Hill resident? In that case, one of the only financially cost-effective solutions to enlarge your living space is to build a granny flat, whose requirements will be much more lenient than those of a traditional residential project. So, what are these requirements?
For one thing, in NSW, granny flats can't exceed 60 square metres in floor plan, nor can they be located on a plot of land smaller than 450 square metres. Simultaneously, the ADU must have a maximum height of 8.5 metres, benefit from a minimum forecourt space of 24 square metres, leave a minimum gap of 0.9 metres from the boundaries of your land, and be developed at a distance of more than three metres from any foliage on your lot exceeding six metres in height. Plus, you can build a maximum of one granny flat on your lot, which must be adjacent to a primary property.
The median price of a home in Castle Hill, NSW, is $2.2 million, which is genuinely unaffordable for most Australian families. Admittedly, it is still possible to find affordable housing in neighbourhoods located some distance from Sydney centre, but this will not last for long. Do you want to make a wise financial investment that will increase the real estate value of your dwelling by more than 30% while also giving you practical advantages? If so, a granny flat built by reputable home builders will be an excellent choice.
What is the future of Australian granny flats? Most likely, one in which their incidence will be a common occurrence. ADUs are an affordable and efficient utilisation of already zoned land and, therefore, are the best alternative for people who are looking for affordable housing. Currently, Australia's most significant metropolis faces a housing shortage, which can realistically be remedied only by constructing fast and cost-efficient buildings on already compartmentalised land.
Over half a million Australian homes in Melbourne, Perth, Canberra and Sydney could house granny flats. So, as the economic outlook gives no reason to believe otherwise, most likely, a good proportion of them will end up being refreshed with high-quality ADUs. Are granny flats a long-term solution to the housing situation in Australia? No, but they are a great starting point. Moreover, as the benefits to local communities are countless, their construction with the help of local home builders is starting to be increasingly regionally incentivised.
The reasons why you should invest in granny flats designed by home builders are clear. ADUs can increase the market value of your primary dwelling by up to 30% and are also perfect buildings to rent at a fixed weekly rate. All in all, almost all ADUs built in NSW recoup their construction price in less than eight years, and the ROI, if you decide to sell, will be substantial. Moreover, granny flats are versatile and can be designed with your family's needs in mind.
Are you in need of a place to house your elderly parents? Do you want to construct a separate bedroom for your visiting relatives? Do you require a new studio or workspace? In that case, ADUs are ideal. Granny flats are simple to build, require much less paperwork than a standard housing project, are cheap and straightforward to maintain, and can be a breathing room in case of economic hardship. Are granny flats the do-all-save-all solution to the housing situation in your country? No, but they are a net benefit, and in the future, most houses for sale on the NSW real estate market will come with ADUs.
