The key steps to effectively rent out your granny flat in NSW 

Posted on April 9, 2024


Would you like to make extra income? Do you have an area of your house you could convert into a granny flat for rent or are you building a granny flat? If so this article is for you!

 

 Approval Process

To make sure your granny flat complies to rent out if converting an existing property or building new. You must obtain approval from your local council either through a Complying Development Certificate or in some cases a Development Application (DA) before constructing the granny flat. This ensures it meets all relevant building and zoning regulations, and is fit to lease to tenants.

 

Rental Regulations

Anyone can rent out a granny flat in NSW as long as they follow the local legislation. The design must be approved by a certified accreditor before construction to avoid penalties and an occupational certificate issued prior renting the granny flat out.

 

How to price my granny flat for rent

Research your offering and how to price your granny flat for rent. Look up past listings and current on the market to set your pricing and see what you can feature to attract tenants. Our site grannyflatrental.com.au is set up specifically to enhance granny flat features, and offerings, take a look at our granny flat rentals  here https://www.grannyflatrental.com.au/permanent

Make sure your property presents well on the internet to show its worth. See how to take property photos to lease your granny flat quickly before sharing your listing.

 

Tenant Screening

It's important to carefully screen potential tenants by conducting background checks and verifying their employment and rental history. This helps ensure you find responsible tenants who will take good care of your property.

Our article below on How to list on grannyflatrental.com.au can assist with this.

 

Setting up a Rental Agreement in NSW

Once you are happy with the potential new tenant, set up a Rental Tenancy Agreement for NSW. Our blog article NSW Tenancy Agreement for Granny Flats outlines the process.

 

Communication and Maintenance

Maintain open communication with your tenants, be responsive to maintenance requests, and respect their privacy. Keep detailed records of all transactions and correspondence.

 

By understanding and adhering to these key requirements, you can successfully and legally rent out your granny flat in New South Wales.

 

Helpful Articles

Helpful Links

NSW

https://www.fairtrading.nsw.gov.au/housing-and-property/renting

https://www.fairtrading.nsw.gov.au/housing-and-property/renting/new-residential-tenancy-laws

https://www.fairtrading.nsw.gov.au/__data/assets/pdf_file/0009/608382/Tenant-information-statement.pdf

https://www.service.nsw.gov.au/nswgovdirectory/rental-bond-board

 

Posted by Lisa Founder GFR

 

Please contact us if we can help further. Visit us on FaceBook @grannyflatrental and connect with us on instagram.

Disclaimer: Any information is of general help & not deemed as legal or financial advice. GrannyFlatRental.com.au Pty Ltd is not held responsible for any compensation from this general help.