Four Key Reasons For Investing In A Granny Flat

//Four Key Reasons For Investing In A Granny Flat

Granny flats have become increasing popular throughout Sydney. One of the key reasons is that they are considered a very valuable investment for any property. We know all about the benefits that a granny flat can provide to a house, which is why we have listed four key reasons on why you should invest in one… and that investment will help you.

  1. Increases the value of your home.
    Any additions to a home always increases its value. Having an additional living quarters will increase the value of your property by more than you can imagine. With the option of using the flat for a rental investment or using it for family or guests, there are many benefits to having a granny flat.

  2. More room for your family or guests.
    In terms of entertainment. You can use the flat as an entertainment hub, where you can watch sports, have BBQs or even parties. It will also keep your home clean and safe. There is also the benefit that a granny flat is great because it will provide an avenue for guests or family to stay over in your place.

  3. Additional income from the rent.
    With additional space in your home, you can maximise that use and rent it out. There will be plenty of people who would be happy to rent out your space, because a) the rent is cheaper than an usual space, and b) they get their space. There is also the added benefit that you will get your home all to yourself and won’t have to share it with anyone.

  4. Extra claims during tax time.
    When it comes to tax time, you can claim extra on deprecation schedule. You can claim plenty of tax back when it comes to investing in a granny flat. Speak to your tax accountant to see what you can get back in your pocket.

To begin your investment into a granny flat, contact Little Aussie Homes today. To get in touch with us today, ring us on 9687 1160 or email us at info@littleaussiehomes.com.au.