This week Ipswich and Logan Granny Flats bring great news for investors! CoreLogic have released the highest performing suburbs for rental yield with Logan and Ipswich dominating the leader board! While houses in Riverview, Ipswich are netting a 6.3% gross rental yield, imagine what adding a Granny Flat in the backyard could do for your Return of Investment.

Our Case Studies prove that Doubling your Rent Return is not only a possibility but a probability!

Enjoy …

Michelle Hele | The Courier Mail

27 December, 2016

Outer Brisbane suburbs were the real winners for investment property owners in the past year with new figures revealing they gave owners the best rental yields.

The latest figures from CoreLogic show Hillcrest, Woodridge and Mount Warren Park in the Logan Council area tied for top spot with the highest median gross rental yield for units of 7.2 per cent.

In the house market it was Riverview at Ipswich which had the best result with a yield of 6.3 per cent.

No suburbs within the Brisbane City Council region featured in the top performing investment suburbs for units or houses.

Logan dominated the list, with entries also from Ipswich, Moreton Bay and Redland.

What all the top yielding suburbs had in common was that they had very low median house or unit prices.

The cheapest of those top yielding suburbs for houses was at Russell Island in Redland Council region, where the median house value was $215,408 and the gross rental yield 5.9 per cent.

For units it was Woodridge which had a median value of $199,757.

Closer to the Brisbane CBD, Rocklea, Keperra and Fig Tree Pocket were the strongest performers in the house market, while Oxley, Darra and Brisbane CBD lead the unit market.

Herron Todd White, Property Valuers, have collated the current suburb trends to bring you the Property Clock below – a clever representation of the rise and fall of the property market.  For our local area, the Clock shows that Ipswich and Logan are nearing their market peak so investors need to seek out alternative ways to make your investments cash flow positive.  Join The Granny Flat Revolution – The Granny Flat Solution!  Ipswich and Logan Granny Flats specialise in building site specific, architect designed Granny Flats that complement your existing property perfectly.  And potentially Double Your Rent Return! Great News for the astute investor!

Jillian Clifford | Smartline Personal Mortgage Advisors

16 December, 2016

One of the biggest property valuation firms in Australia produces one of the best property reports available.

Herron Todd White has over 60 offices around Australia and they collate local feedback from their valuers to produce this monthly report.

Some of the more interesting locations on this clock are:

• Sydney, Adelaide & Canberra (rising market),
• Melbourne (approaching peak of market),
• Newcastle and NSW Central Coast (peak of market),
• Perth (bottom of market) and
• Brisbane & Hobart (start of recovery).

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This week, Ipswich and Logan Granny Flats bring a valuable article for investors highlighting the suburbs in Brisbane where prices are set to rise. Incredibly, one-third of the suburbs listed come from the Moreton Bay area. This, coupled with Moreton Bay Regional Council’s recent changes allowing Granny Flats for investment purposes, makes us very excited at the profits just waiting to be reaped.

Read and enjoy…

Sophie Foster | News Corp Australia Network

24 October, 2016

House prices are predicted to rise in 29 Brisbane suburbs, with a surprising one-third coming out of one area alone.

The latest Hotspotting Price Predictor Index has picked the biggest chunk of metropolitan Brisbane growth would come out of the Moreton Bay area. The Bay toppled Logan City as the top municipality in the capital city region, holding 10 of Brisbane’s 29 growth suburbs.

Hotspotting analyst Terry Ryder said the index tracked increased sales volumes which were one of the best indicators that price rises were set to rise.

Moreton Bay’s hottest pick was Redcliffe where houses as well as unit prices were predicted to rise. Every other suburb on the list was expected to see house prices rise including Arana Hills; Banksia Beach, Beachmere; Bellara; Bray Park; Deception Bay; Narangba; Ningi; and Rothwell.

In the surging inner-city, Bardon was the only suburb where prices were predicted to see a steady rise, joined by northside suburbs Bald Hills, Brighton, Fitzgibbon and Hendra.

On the southside, Darra, Eight Mile Plains and Heathwood were hot picks, as well as Redland’s Birkdale, Redland Bay and Victoria Point.

Logan had six suburbs set to rise steadily including Edens Landing, Jimboomba, Slacks Creek, Waterford, Windaroo and Yarrabilba, while Ipswich had two on the list – Raceview and Redbank Plains.

Redcliffe real estate agent Bruce Robson of Coronis said the suburb was seeing a rise in buyer inquiries.

“Redcliffe has been the most affordable waterfront suburb in Brisbane with huge potential for the future,” he said. “It will be the bayside suburb for the new northern hub.”

Rhonda Subloo, who put her home at 2 Walsh Street on the market for $695,000, has no plans to leave the area.

“Since the train’s come to Redcliffe there will be more people looking to come in here. Prices will go up,” she said. “We’re looking around in Redcliffe for a retirement village type setting. We like to be around the sea.”

GREATER BRISBANE MARKET:

Growth:

MORETON BAY: Arana Hills; Banksia Beach, Beachmere; Bellara; Bray Park; Deception Bay; Narangba; Ningi; Redcliffe (houses and units); Rothwell.

INNER: Bardon

NORTH: Bald Hills, Brighton, Fitzgibbon, Hendra

SOUTH: Darra Eight, Mile Plains, Heathwood

REDLAND: Birkdale, Redland Bay, Victoria Point

LOGAN: Edens Landing, Jimboomba, Slacks Creek, Waterford, Windaroo, Yarrabilba

IPSWICH: Raceview, Redbank Plains

Plateau:

MORETON BAY: Albany Creek, Bongaree, Burpengary, Burpengary East, Caboolture, Clontarf, Eatons Hill, Everton Hills, Kallangur, Lawnton, North Lakes, Petrie, Sandstone Point, Scarborough, Strathpine, Upper Caboolture, Warner, Woody Point

INNER: Brisbane City, Coorparoo, Highgate Hill, Kangaroo Point, New Farm, Paddington, Spring Hill, Teneriffe

NORTH: Ashgrove, Aspley, Bridgeman Downs, Chermside, Clayfield, Enoggera, Grange, Hamilton, Kedron, Mitchelton, Northgate, Taigum, Wavell Heights, Wilston, Windsor, Wooloowin

EAST: Balmoral, Carina Heights, Carindale, East Brisbane, Manly, Manly West, Tingalpa, Wynnum, Zillmere

WEST: Chapel Hill, Kenmore, St Lucia, Taringa, The Gap, Toowong

SOUTH: Acacia Ridge, Algester, Annerley, Corinda, Drewvale, Durack, Forest Lake, Greenslopes, Holland Park, Holland Park West, Inala, Kuraby, Macgregor, Moorooka, Oxley, Parkinson, Salisbury, Sunnybank Hills, Mount Gravatt East, Tarragindi, Upper Mount Gravatt

REDLAND: Alexandra Hills, Capalaba, Cleveland, Thornlands.

LOGAN: Beenleigh, Bethania, Boronia Heights, Cornubia, Crestmead, Daisy Hill, Eagleby, Greenbank, Heritage Park, Hillcrest, Kingston, Logan Central, Logan Reserve, Loganholme, Loganlea, Marsden, Mount Warren Park, Regents Park, Rochedale South, Shailer Park, Springwood, Tanah Merah, Waterford West, Woodridge

IPSWICH: Bellbird Park, Brassall, Bundamba, Goodna, Springfield, Springfield Lakes

Consistency:

MORETON BAY: Caboolture South, Cashmere, Ferny Hills, Margate, Kippa-Ring, Murrumba Downs.

INNER: Auchenflower, Woolloongabba.

NORTH: Alderley, Ascot, Banyo, Bracken Ridge, Carseldine, Ferny Grove, Stafford Heights

EAST: Bulimba, Camp Hill, Cannon Hill, Murarrie, Wakerley, Wynnum West.

WEST: Bellbowrie, Indooroopilly, Jindalee, Moggill, Graceville, Sinnamon Park.

SOUTH: Mansfield, Runcorn, Sunnybank, Wishart

REDLAND: Mount Cotton, Wellington Point, Ormiston

LOGAN: Underwood

IPSWICH: Camira, Eastern Heights

Danger Markets:

INNER: Fortitude Valley (Units), South Brisbane (Units), West End (Units)

(Source: Hotspotting)

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This week, Brisbane Granny Flats brings you a Brisbane City Council media statement with incentives to alleviate the pressures on aged care facilities. With our aging population growing, the need for affordable, inner city housing that allows retirees to retain their familiar routines and community connectivity is essential.

Granny flats for immediate family members form a cornerstone in this incentive program and, as the Granny Flat Experts, Brisbane Granny Flats is uniquely positioned to assist you from enquiry to turn key.

Brisbane City Council Media Statement
August 30, 2016

Lord Mayor Graham Quirk will implement new incentives to attract more inner suburban aged care facilities to meet the challenges of providing for an aging population and help secure the future of the city’s aging residents.

The new incentives include reducing development infrastructure charges by 33 per cent for a three year period similar to the successful measures that led to about 1,000 new hotel rooms and 5,000 new student accommodation beds in recent years.

An additional two storeys will be allowed in medium and high density locations where best practice design standards are met and Council will consider proposals in privately owned sport and recreation areas but only where a clear community benefit is incorporated into the facility.

Cr Quirk said the range of incentives included future amendments to City Plan 2014 that would offer a more streamlined approach to extending or upgrading existing aged care and retirement living, as well as providing greater opportunities and better design outcomes for new facilities.

“The reality is we can’t just have our retirement villages and aged care facilities on the outskirts of the city – that’s not meeting the needs of our ageing residents,” he said.

“It’s important that people should be able to retire and go into aged care in the areas they are familiar with, where they have their social structure and friendship, their shopping precincts and the medical and other professional services available to them.

“Many of our suburbs provide housing options for younger residents and families and we are looking to provide more accommodation options for our older local residents, so we are not left with the perverse situation where retirees do not have the facilities to stay in Brisbane.

“In the past six years there has been an average of less than 1,000 new aged care rooms and retirement units – over the next 12 years there is a forecast average annual increase of 3,600 persons that may require dedicated retirement or aged care accommodation.”

There were just 49 development approvals from 2010-2015 that delivered a combined 5,159 new aged care rooms, retirement units and aged care rooms. The current 70 plus population of Brisbane is 90,080 and projected to increase by 50 per cent to 2027.

Cr Quirk said Council had already made planning changes to help aged residents stay in their neighbourhoods such as increasing the permitted size of granny flats, but would go further.

“There is a strategic and growing need for these facilities in our city to cater for an ageing population. Revisions to the City Plan will include a new code specifically for assessing aged care and retirement living development applications, encouraging co-location with other uses such as churches and medical facilities and revising some levels of assessment,” he said.

“The industry will be expected to meet best practice design standards including stronger open space requirements and greater connectivity with the surrounding community.

“These new incentives will allow Brisbane residents to remain in accommodation that is accessible to public transport, shops, healthcare and family.”

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This week, Ipswich and Logan Granny Flats bring to you an inspirational article on how granny flats are becoming more and more stylish, modern and exciting. If you’re feeling like your granny flat needs a spruce up or renovation, check out what these savvy investors are doing to keep things comfortable and in-style!

Read and enjoy…

Aidan Devine | The Sunday Telegraph
October 15, 2016

FORGET boxy backyard studios with a kitchenette — Sydney granny flats are growing ever more palatial as homebuyers sink big money into luxuries like walk-in wardrobes, hot tubs and alfresco dining areas.

Construction data shows homeowners are currently embarking on more granny flat projects than at any time in the city’s history, with buyers shelling up to $300,000 on their backyard homes.

The big spending followed a record slump in house sales: there are 20 per cent less freestanding houses available across the city than there was a year ago and less than half the number listed in 2011, according to Core Logic.

Amid this low listing environment, building a granny flat has become a popular alternative to moving house or investing in additional properties because the flats are easier to attain, said Bungalow Homes director Chris Willougby.

Even with luxury trimmings, the homes tend to be cheaper than other options such as apartments, which can price from $600,000 to over $1 million in some suburbs.

“It’s a popular option for families with grown-up kids,” Mr Willoughby said.

“A lot of parents are building granny flats hoping their children will live in them over their 20s. Some intend to eventually swap when grandkids come along. They’ll live in the granny flat and their kids will take the main house.”

Such strategies have been encouraged by affordable housing provisions set out in state planning policies in 2009. The provisions allow property owners to build granny flats bigger and better than before, without the lengthy council approval process required in other states.

“The way people think about granny flats has evolved,” Homeplusone founder Paul Rosasqui said.

“They are like mini-houses now and people want all the bells and whistles, like downlights, Caesarstone benches and big tiles.

“On some properties, the granny flat looks better than the primary house.”

Granny flats also fulfill many people’s desire for a garden: Westpac’s Home Ownership 2016 Report, released Friday, revealed having some semblance of a backyard still remains a priority for more than half of Australian buyers.

Sue Parish, 54, typifies the flexible family living arrangements granny flats allow. She is moving into a granny flat she built out back of her sister’s Mona Vale home and said she is making the move to avoid living in an apartment.

“I needed to move house, but after looking at the apartments available, I became certain they weren’t for me, so I paid for a granny flat,” she said.

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This week, Ipswich and Logan Granny Flats bring to you a great article on the endless possibilities a granny flat can give you. With property prices rising, many people are seeking alternative housing options by downsizing – or even turning old train carriages into granny flats such as the one seen in this article! It’s inventive, efficient and it’s just another reason granny flats are a fantastic housing solution.

Read and enjoy…

Aidan Devine – Real Estate Reporter | The Sunday Telegraph
September 18, 2016

IT’S THE new trend taking Sydney’s housing boom down a very different track.

Skyrocketing property prices have encouraged inventive homebuyers to take a new ­approach to building a home, converting old train carriages into detached houses, granny flats and guesthouses.

Recent sales show the concept is picking up steam.

A Blue Mountains home converted from a 1929 sleeper carriage sold in June for $286,000, while two carriages joined together on an acreage outside Nowra sold in August for over $500,000.

A 16ha estate near Mittagong in the Southern Highlands sold last week for $2.8 million, complete with a 1910-era train carriage set up as a six-bedroom guesthouse.

Another home at Dural in Sydney’s northwest has an ­entertainer’s retreat out back built from a decommissioned carriage, which helped the home sell for $2.2 million.

Carriages already have plumbing and wiring and are structurally sound. Prices for unconverted carriages range from about $5000 to $40,000.

The downside is that they are difficult to move. But train converter Fiona Brown, seller of the Mittagong property, said the charm of train living makes it worth the effort.

“I love trains so the conversion was an interesting project for me,” she said.

Gerrard Smith First National agent Paul Crinis said Ms Brown’s train “attracted a lot of what I’d called dreamers. People like it because it offers something different,” he said.

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