How to Add Luxury to Your Granny Flat to Justify High Rent Rates

Posted on June 28 2024

A Northern Beaches granny flat that justifies the price tag

GrannyFlat Rental was founded on the ambitions of creating eco-friendly, affordable and safe living spaces. Due to raising costs of living and the growing popularity of granny flats, what is considered affordable is greatly varying in today’s rental crisis, and the demand for granny flats has skyrocketed. In accordance, the Australian Government is beginning this July with tax cuts to increase all tax-payers take-home income that will hopefully ease the pressure of the cost-of-living.

There are a number of great companies that can offer a standard, quick granny flat build for an affordable price that can increase a home’s value up to 30%, provide a secondary income and a safe home for someone. Find some of the best Australian tiny house and granny flat builders here, who provide standard or customised builds depending on your budget and needs.

To see your flat in a higher rental bracket, consider customising some luxury fittings and design elements that elevate a tenants living quality to justify the cost.

The granny flats we see being rented for a higher weekly rate feature:

Luxury Amenities

• A dishwasher in the kitchen
• Free standing baths
• Massage head showers
• Soft-close toilet
• Hydronic heating (an efficient, cost-effective, environmentally conscious and sustainable heating solution that circulates hot water through sealed pipes)

Natural Qualities

• A clean, green garden
  • While an outdoor space isn’t essential, higher priced flats are usually on a patch of fresh green turf
  • If your in a position where the grass is too shaded to stay lush, artificial turf can be a surprisingly appealing solution that gives the feel, look and drainage of a fresh lawn without the maintenance
• Natural lighting
  • Properties that lease quickly always have generous windows or skylights where needed, connecting the tenant to the surrounding environment and making a small space feel expansive
• Wood
  • Whether it be the floor boards, windowsills or fitted shelves, the properties that lease in a higher bracket often have an element of wood that makes the build feel warm and homely
  • If you’re property doesn’t have any organic materials in the build, consider doing a furnished shoot with lots of natural materials and textures that allude to the same feelings

Built in Storage

• A mirror vanity for face level storage in the bathroom
• Bedroom cupboards
• A laundry cupboard (usually near the bathroom or kitchen) that conceals a washing machine, acting as an small internal laundry without taking up the space
  • Even if your granny flat doesn’t include the white goods, having a fitted spot for it is visually and practically appealing to prospect tenants

Smart Advertising

• Quality photography with the property furnished
  • If you don’t want to splurge for a professional photo shoot, check our tips for photographing your own property
• Being pet friendly
  • A huge appeal of granny flats is that its a perfect space to share with a pet, so listings that allow pets are usually leased faster by quality tenants who care about animals, nature and your property

Consider what your secondary dwelling offers when advertising and pricing your granny flat fairly.

Author and posted by Alysha de Ruyter