The team at Mortgage Partners Australia have looked into this in detail and found that it’s a great way to convert a negatively geared property to positively geared, with minimal capital outlay.
Get a free quoteThey lay out a scenario whereby the yield of the example property shifts from 8.59% to 15.18% with the addition of a granny flat 100 per cent financed at $125,000.
If you are a savvy property investor we urge you to read this article – More about granny flat investors.
And if you would like to discuss building a Newcastle granny flat, please contact us.
Discover functional and stylish granny flat kitchen designs that maximise space without compromising on aesthetics. Read the article for inspiration!
Design General tips Read moreBackyard Grannys are the granny flat specialists and take you through how to weatherproof your granny flat in Summer and Winter!
General tips Read moreNeed more living space or keen to add a rental home to your plot? Learn everything about backyard builds with our 2024 guide to granny flats.
General tips Read more