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WA News Release – ABC Reports On Granny Flat Rental Reform posted on the 15th January 2014

Planning reforms open up granny flat rentals

ABC.net.au – 4 June 2013

WA’s Planning Minister John Day says he expects thousands of rental properties to open up under reforms to the state’s residential code.

Currently, home-owners who have granny flats on their property can only lease them out to relatives.

Mr Day has announced that from August, granny flats, or ‘Fonzie flats’ built above garages, can be rented by anyone.

He says that could mean up to 30,000 extra properties across WA over the next decade.

“We have a target of 20,000 new affordable homes by 2020. Already more than 7,000 affordable homes have been provided since 2010 and this initiative will make it very likely that we will exceed this target,’ he said.

The reforms, which will be gazetted in July, were flagged by the State Government before the election.

David Airey from the Real Estate Institute of WA says the reforms are good news for the state’s property market.

“Granny flats represent a great opportunity for property owners to be able to provide extra housing into the market and earn some extra income while they’re doing it,” he said.

“There are so many unused granny flats sitting in the suburbs that this will be an amazing increase in the number of properties available.”

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Ipswich Granny Flats Ipswich are proud to be part of the Ipswich City Council initiative to allow Granny Flats to be built for investment purposes – a first for Queensland !

Call Ipswich Granny Flats Ipswich now for a chat – let us show you how you could increase your rent return on your investment property.

 

IPSWICH GRANNY FLATS IPSWICH, call now : 0403 309 136

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Written by Sonia Woolley

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