Granny Flat Archives - Pop Up Homes

The Fraser 2 Bedroom Granny Flat front view with shade sail and deck

Why You Should Invest In a Granny Flat?

By VMA DEVGranny Flat, Kit Home, Pop Up Homes News, Small Home, Tiny Home

With a growing popularity to seek out alternative living options as well as an increase in domestic house prices, it’s no surprise that Granny Flats are having a moment.

The Granny Flat is an attractive, affordable and accessible option for many and in this article, we explore the growth of this exciting living option alternative.

What Exactly Is A Granny Flat?

A Granny Flat is a complete home on a property that can house at least one person. It can be built as a separate structure or as an attachment to the main house. However, the common trait in most Granny Flats is that they can function as an independent unit.

Our range of Pop Up Homes offer up to 3 generous sized bedrooms including a living area, kitchenette and comfortable bathrooms.

Know someone who may be interested in a Granny Flat, refer Pop Up Homes and be rewarded.

Building A Granny Flat

The first thing you need to consider before you build a Granny Flat are your local Council bylaws. Fortunately, at Pop Up Homes, we have extensive experience dealing with local Councils concerning rules and regulations that concern your future Pop Up Home Granny Flat. As part of the process, we’ll check all the provisions that are required to deliver your fantastic new home.

While some disparities depend on your location, we at Pop Up Homes have written up an extensive list of Council rules and regulations for Councils across Queensland which you can view further by clicking through to this link: Pop Up Homes, council rules and regulations.

Granny Flats, A Rising Trend

The fact that housing prices are going through the roof is another factor in Granny Flat housing popularity. With a lot of young adults and teenagers unable to afford regular houses, they must rely on alternatives. A Granny Flat is more affordable, which puts it in high demand.

Know someone who may be interested in a Granny Flat, refer Pop Up Homes and be rewarded .

Uses of Granny Flats

There are several reasons for building Granny Flats, from economic considerations to family growth to leisurely activities.

Home For Elderly Family Members

It is possibly the purest way to use a Granny Flat. The name – Granny Flat – reflects the history and original purpose of these small homes. They were traditionally used to house aging parents or grandparents. It is a way to keep the family together while spontaneously allowing privacy.

Potential Extra Income

There are two smart ways to earn rent money from Granny Flats

Rent out your Granny Flat
Are you recently single, or the kids moved out? You can downsize to the Granny Flat and rent out the main house for a while.

Either way, you get to experiment with your property and see what comes off it. Some people even take Granny Flats more seriously as a real estate venture to secure their future.

Home Office

Starting a new business, or do you prefer working from home? A Granny Flat can provide you with the privacy and comfort you need while saving you some cost. Granny Flats as home offices are usually more efficient than in-house offices. The distractions are usually lesser. Besides, you get to design your office to your taste without restructuring your primary home.

Hobby Space

Granny Flats take the term “safe space” to the next level. It can serve as space where you can enjoy painting, gaming, reading, knitting, or even wine tasting, etc. You get to decide what you want and make it happen.

Guest Lodge

Who needs a guest house when you can have a Granny Flat? When friends and distant relatives come into town, you can treat them to your hospitality by offering your Granny Flat for their stay. On the one hand, you win the “friend of the year” award. On the flipside, you get to show off your taste and artistry, especially if you were actively engaged in designing your Granny Flat.

Add Value To Your Property

If you already own a rental property, building a Granny Flat increases the income from that property. It also increases the value of the overall property.

Extra Rooms For A Large Family

You can create extra bedrooms or living areas with Granny Flats without having to tear down and restructure your house. This can become quite useful if/when your kids become teens and young adults. Granny Flats provide some independence for young adults who aren’t yet financially stable enough to move out.

Temporary accommodation

Are you in-between houses, jobs, or just starting in life? Then renting a Granny House can be a smart choice. Young couples are an example of the beneficiaries of this arrangement. They can afford to rent a Granny House while they save to buy their home. Parents of the couple can also offer their Granny Flat to them for free.

Know someone who may be interested in a Granny Flat, refer Pop Up Homes, and be rewarded .

Contact Us Today

No matter what your Granny Flat requirements are, Pop Up Homes are your local Granny Flat, Small Home experts. With over 120 successfully built and delivered Granny Flats all over Queensland, we’ll have the perfect solution for you.

June 7, 2021

December 2020 Pop Up Homes Gazette

By VMA DEVPop Up Homes News

Hi, welcome to the December edition of the Pop Up Homes Gazette! We’re sure you’ll agree that it’s been a challenging year. Our entire team would like to take this opportunity to thank you for your support and wish you a year of prosperity, good health, and good times ahead.

A quick reminder to those that are applying or interested to apply for the Queensland Regional and Home Builders Grant, applications are due by the 31st of December 2020 to be eligible for the grant.

Customers who will be using the grant to purchase a Pop Up Home will need to have made contact with Pop Up Homes to commence the grant application process by the 18th December 2020.

Please note, that due to the large demand in grant applications POP UP HOMES has been inundated and have limited appointments available.

We look forward to hearing from you, our entire team wishes your friends and families a very Merry Christmas and Happy New Year.
Shanyn, Wayne & The Team,
Pop Up Homes
“Passionate about People, Lifestyle & Affordable Living”

How did Christmas start?

The middle of winter has long been a time of celebration around the world. Centuries before the arrival of the man called Jesus, early Europeans celebrated light and birth in the darkest days of winter.

Many peoples rejoiced during the winter solstice when the worst of the winter was behind them and they could look forward to longer days and extended hours of sunlight.

The Origin of Christmas Tree

Germany is credited with starting the Christmas tree tradition as we now know it in the 16th century when devout Christians brought decorated trees into their homes.

Some built Christmas pyramids of wood and decorated them with evergreens and candles if the wood was scarce. It is a widely held belief that Martin Luther, the 16th-century Protestant reformer, first added lighted candles to a tree.

Source: history.com

Benefits of Small Houses

Pop Up Homes range of tiny houses and small homes have several advantages over their larger counterparts.

Here are some of the benefits you can enjoy when “going tiny:”

– Standard home sizes are generally from 100 – 500 square meters, while tiny homes are generally 37 –58 square meters.

– Less square meters means less to maintain! It also means less clutter and a deeper commitment to minimalism. And of course, little of no MORTGAGE.

The original intent – “living debt-free” or as close to it as possible – is a beneficial aspect of tiny home living. The tiny home movement has largely spawned from this benefit alone. Many people live paycheck to paycheck, and not having a mortgage frees them up to enjoy more of life.

Pop Up Homes offers 3 styles of small homes, each unique in their own right, they are very adaptable and customisable, they are the perfect downsize solution. Additionally, maintenance and investment costs are cheaper than a traditional home as well as a general reduction in overhead costs such as utilities.

There is such a multitude of benefits that come from downsizing to a Pop Up Home – affordability, freedom and customisation among the many.

Pop Up Homes Features and Benefits

Interested in a Pop Up Home? Talk to our experienced team with regards to the wide range of features and benefits on offer.

Having delivered a wide range of 1, 2 and 3 bedroom homes right across Queensland, our team are very experienced dealing with local councils and their respective by-laws including approvals and certifications.

All Pop Up Homes include:

Double glazed aluminium windows with flyscreens
Double Glazed aluminium casement door with glass panel
Quality PVC floor covering throughout
Lights, power points, power board and safety switch
Plumbing and Sanitary fittings
Photoelectric hard-wired smoke detectors as per Australian Standards

All Pop Up Homes Kitchens include:

Gloss cabinets and drawers
Polished stone Benchtops
Double stainless-steel sink & flick mixer

All Pop Up Homes Bathrooms include:

900 x 900 Shower cubicle
Toilet suite
Vanity cabinet with basin and flick mixer
Mirrored shaving cabinet
Towel rails

December 11, 2020

The Fraser 2 Bedroom Granny Flat with Deck and Patio

Queensland Regional and Homebuilders Grant

By VMA DEVGranny Flat, Pop Up Homes News, Small Home

GET $45,000 in GOVERNMENT GRANTS for a limited time only. BE QUICK, time is running out.

Why is now the best time to build a Pop Up Home? You can get up to $45,000 In Government Grants.

HOMEBUILDER GRANTS ENDS on the 31st of December 2020:

What does this mean?

All Homebuilder grants must be submitted to the Treasury by close of business on the 31st of December 2020
You must have signed a building contract by the 31st of December
You must have paid your deposit
To do a building contract we must have, done your floor plans, site plans, and quote, this takes on average one full week
You can use your homebuilders grant as a progress payment if your stumps are installed early. There is limited space available for the installation of your stumps.

DON’T LEAVE IT UNTILL ITS TO LATE the 31st of December is approaching FAST.

The Australian Government has announced $25,000 new Home builders grant and yes you can also get the FIRST HOMEOWNERS Grant of $15,000 as well.

If you live in Regional Queensland, you are entitled to an additional $5,000 Regional Grant.

That is a total of $45,000 in grants towards your Pop Up Home.

The average price for a Pop Up Home in South East QLD is $85,000 Including council approvals.

Are you eligible for the Queensland regional and homebuilders grant?

Eligibility:

1. You are a person and not a company or trust

2. You are 18 years or older

3. You are an Australian Citizen

4. If you are single your 2018 – 2019 taxable income must be less than $120,000

5. If you are a couple your 2018 – 2019 taxable income must be less than $200,000

6. You must enter into a building contract between the 4th of June and the 31st of December

7. The building must not exceed $750,000. (there is no minimum build price set)

8. Construction must commence within 3 months of the contract date

For more information Please contact Shan on 0407121556 or Visit our website at www.popuphomes.com.au

Please visit the below link for the fact sheet on the Homebuilder’s Grant:

Please visit the below link for the Eligibility tester for the first home owners grant:

November 19, 2020

Pop Up Homes are your affordable Granny Flat solution.

By VMA DEVPop Up Homes News

When looking at building a Granny Flat in Queensland don’t think that the only option is to go through a conventional builder.

Pop Up Homes are a great alternative to a conventional build and will not only save you thousands but are a hassle-free way to build a Granny Flat. Granny Flats are becoming extremely popular in Queensland.

There are so many benefits to having a Granny Flat on your land. Granny Flats are great as an additional room for your extended family and are also a great way to increase your return on investment.

Why not use the land you already have to build a Pop Up Home, rather than go through the expense of buying another block of land to build on?

Think about all the benefits of utilising the land you already have. You will save on additional rates, water, insurance, let alone the additional mortgage.

At Pop Up Homes we are educating people on getting the most out of the land you already have. How will it affect you and your family when the interest rates rise?

Don’t leave it until it’s too late.

The average rental return on a 1-bedroom Granny Flat in Queensland is approximately $250 p/w. Think about how that will help you either pay down your mortgage or substitute your current and future income.

We have a lot of customers who Airbnb their Pop Up Homes and are generating an additional income of $75 a day, yes that is $525 per week. Being that these homes are so unique everyone wants to stay in one.

Pop Up Homes are the most affordable way of owning a Granny Flat, they are a fast and easy way to build and is very affordable.

The install time usually takes 7-12days. The Pop Up Homes are transported to site on a tilt tray, we use a small crane to place them on your stumps, keeping the transport costs to a minimum to make it affordable for you.

Our Pop Up Homes are well insulated, they look great and are extremely affordable and are made to suit the Queensland weather.

They are cyclone rated, cool in summer and warm in winter, council certifiable, 7-year structural warranty and can be completely off-grid.

Starting from $41,990, Pop Up Homes offer three styles of small home/granny flat solutions.

The Keppel 1 bedroom.

Starts from $41,990 – 37 square metre consist of 1 large 12.5 SQM Bedroom. The open plan living makes the home feel very spacious. The price of this home includes one bedroom, bathroom with a shower, toilet, vanity, shaving cabinets and towel rails.

The kitchen consists of a 3.8m gloss kitchen with soft closing doors and drawers and a handmade stone benchtop.

The Fraser 2 bedrooms or 2 bedrooms with study.

Starts from $54,990– 58 square metre consist of 2 spacious 10.6 sqm bedrooms. An open plan living with a fabulous 3.8m kitchen with soft closing doors and handmade stone benchtop.

The bathrooms have a 900×900 shower cubicle with a vanity, toilet, towel rails and a shaving cabinet.

The Moreton 3 bedroom.

starts from $55,990 – 58 square metres consist of 1 large 7.55 sqm and 2x 6.5 sqm bedrooms. It is ideal for a small family. It has a large open plan living area. With a modest bathroom that consists of a large 900×900 shower, vanity, toilet, towel rails and a mirrored stainless steel shaving cabinet.

The Moreton comes with a 3.8m kitchen with soft closing doors and handmade stone benchtop.

If you would like more information or enquiries on our style of Pop Up Homes, do not hesitate to contact the team on 1300 121 556.

Would you like more information on what type of Pop Up Homes styles we offer, click HERE

For information about investments with a Pop Up Homes, click HERE

Not sure if you can put a Pop Up Home in your back yard? This ARTICLE will tell you if you can.

Check Out BMSA for more information on our footing system.

Note** Return on Investments are approximated only and may change based on your circumstances.

August 25, 2020

Pop Up homes Advantages and Benefits

By VMA DEVGranny Flat, Kit Home, Small Home, Tiny Home

A Pop Up Home can be an affordable instant source of extra income; a clever downsizing option; comfortable accommodation for adult children or elderly parents; or a convenient home office, while increasing the total value of your property.

Adding a Pop Up Home investment not only increases the value of a property but also provides positive rental returns. Retirees are now opting to downsize into a Pop Up Home leaving their larger home to rent out or for their children to live in.

A Pop Up Home is an ideal solution for young singles to have their own space while allowing them to save to buy their own home. It has all the workspace they need with the convenience and cost savings of being just meters from home.

The Keppel 37 SQM 1 Bedroom

The team from Pop Up Homes, will sit down with you and discuss your requirements and help design your floor plan and achieve your goals.

Pop Up Homes will also help with your council approvals and certification as part of an affordable service that Pop Up Homes provide to customers.

All Pop Up Homes include:

Double glazed aluminium windows with flyscreens
Double Glazed aluminium casement door with glass panel
Quality PVC floor covering throughout
Lights, power points, power board and safety switch
Plumbing and Sanitary fittings
Photoelectric hard wired smoke detectors as per Australian Standards

All Pop Up Homes Kitchens include:

Gloss cabinets and drawers
Polished stone Benchtops
Double stainless steel sink & flick mixer

All Pop Up Homes Bathrooms include:

900 x 900 Shower cubicle
Toilet suite
Vanity cabinet with basin and flick mixer
Mirrored shaving cabinet
Towel rails

For more information on Pop Up Homes, please call for more information on:1300 121 556

Would you like to know more about council regulations?

Click Here – Secondary Dwellings Granny Fats And Council Rules And Regulations

April 27, 2020

Pop Up Homes Add - The value of asking questions

Questions to ask when buying a prefabricated building

By VMA DEVGranny Flat, Kit Home, Small Home, Tiny Home

Recently, Pop Up Homes has received a few emails from the public requesting our opinion in relation to a building project they are undertaking. In most cases, they have bought pre-fabricated houses from companies that claim are similar to a Pop Up Home but in actual fact, entirely different. Consequently, now have been left with homes that are unhabitable, non-certifiable and non-compliant with the Australian/New Zealand building standards.

If your house is non-compliant to Australian/New Zealand standards and can’t provide engineering and certification, your prefabricated home will be deemed unliveable, and the council will ask you to remove the dwelling at your cost. By this time, you will have already invested significant funds that in most cases, won’t be recoverable.

The purpose of this article is to inform readers about the seriousness of asking questions before buying and building a home. These simple “must ask” questions apply to many aspects of the building industry whether you are buying prefabricated buildings, modular buildings, conventional building and granny flats. Ensure you ask these questions before you commit to purchasing, they are designed to provide you, the buyer, with peace-of-mind.

Ask these questions when enquiring on Buying or building a pre-fabricated building

Is this a class 1A dwelling?
Have you had any issues getting the home certified?
Can they be certified in QLD?
Do you have any customer testimonials I can read?
Does your prefabricated and modular home come with a form 15 engineers design certificate? this is required for council approval and reassures you that it is structurally sound.
Does your plumbing for waste and sewerage conform to Australian standards and does your plumber use DWV pipe?
Does your prefabricated and modular home come with hard-wired smoke detectors? can you supply form 16 for this? this will be required for certification.
Do your prefabricated and modular homes come with Australian certified windows, do they also come with a form 15 and form 16 for design and installation?
Do you have a prefabricated or modular display home that we can view?
Can we view your certification for your display home?
Are the ceilings in the prefabricated home or modular home at least 2400mm high? They need to be, for it to be a habitable building in Australia.
Have you been informed, that there is no requirement for a laundry to be installed for a granny flat?
Does your prefabricated or modular home come with a warranty? Can I see a copy of your warranty?
Is your certification cost inclusive to the quote?
Does your prefabricated or modular home require stumps or foundation?
Does your prefabricated or modular home stumps/foundation come with form 15-16 design and installation certificates?

established Pop Up home to lock up stage — The Keppel 1 bedroom

Always be wary

Always be wary when purchasing a pre-fabricated building, modular home or granny flat, make sure what you plan on purchasing is exactly what was advertised from the builder.

Asking these easy set of questions will alleviate stress, uncertainty and doubt from your mind. It will ensure that what you’re buying is exactly what you have seen as advertised.

As I have always said to myself “if it’s too good to be true, then it isn’t”

The team at Pop Up Homes is very experienced when it comes to the build process and requirements. Not only can we answer all questions as mentioned above, but we can also provide evidence of certification, testimonials, video reviews from customers as well as warranty and forms 15, 16 and 21. We also have a display home right here in Hervey Bay, Urangan to come and have a look though.

Pop Up Homes exists to provide excellent customer service, an affordable housing solution and the very best experience possible. Pop Up Homes will assist you in every way we can to save you cost without sacrificing quality.

Please watch this TV interview with Shan, our Managing Director of Pop Up Homes and Channel 7 news for more information about being careful when purchasing prefabricated and modular buildings.

Click Home button below:

https://popuphomes.com.au/

Channel & interview

For more information

If you would like to know more about our homes, please don’t hesitate to contact us through our web page www.popuphomes.com.au or alternatively, you can call our toll free number on 1300 121 556.

Are you interested in what Pop Up Homes has to offer? Please click through to our Granny Flats Page to find out more.

Would you like to look at customers reviews or to see what our Pop Up Homes are all about? you can check our Facebook page for more information, or you can Google search “Pop Up Homes”

April 6, 2020

tiny home on steel footings sitting in cleared land

Top 10 areas in Australia

By VMA DEVFinance, Queensland Regulations

Whether you’re getting a foot in the door, in the housing market or a veteran investor. It pays to have quality insight in areas that are tipped to boom around Australia.

What factors can make a property market boom?

There are a few factors that can make the property market boom. The biggest factor is the State Governments spending on infrastructure, such as public transport, hospitals, universities and roads.

The Queensland Government “state infrastructure plan” outlines the Queensland Government strategic direction for planning. Prioritising the investment and delivery of infrastructure that supports growth, enables economic development and create jobs.

Source: State Infrastructure Plan (QLD Govt)

The Queensland state infrastructure plan is investing $49.5 billion over the next four years to boost the Queensland infrastructure. Not only is this good for the housing market but it’s beneficial for our economy.

As mentioned in the “Queensland state infrastructure plan” the plan for 2019-2020 is to allocate $12.9 billion for expenditure on public infrastructure. Supporting an estimated 40,500 jobs.

Queensland state infrastructure plan mentioned that about 60 per cent of the capital program and 25,500 of the jobs supported are outside the Greater Brisbane area.

Transport projects will improve traffic flow and relieve congestion, enhance public transport services, and increase the productivity and efficiency of freight around the state.

Critical infrastructure that ensures current and future generations of Queenslanders have access to world-class health and education services. Will be provided through programs such as Enhancing Regional Hospitals and the Building Future Schools Fund.

The government will continue investing in regions to ensure all Queenslanders can access the frontline services they rely upon. To ensure Queensland remains an attractive place to live and for businesses to invest in

Top 10 property hotspots around Australia

According to “Hotspotting”, these are the top 10 property hotspots around Australia.

Sunshine Coast, Queensland.
Marion, South Australia.
Bendigo, Victoria.
Moreton Bay Region, Queensland.
Stirling, Western Australia.
Darebin, Victoria.
Port Adelaide Enfield, South Australia.
Mackay, Queensland.
Joondalup, Western Australia.
Latrobe Valley, Victoria.

Sunshine Coast, Queensland.

Located: 100km north of Brisbane, stretching 55km from Caloundra to Noosa.
May suit: Retirees, but growth is likely to be seen in the number of younger people.
Strong performers: Maroochydore south to Caloundra. Noosa heads the local unit market and has had the highest unit growth in the nation at 24% so far in 2019. While Golden Beach and Warana are up 15%. Median house prices in the area have also grown in the past year (October 2018 to October 2019), particularly in Eumundi (+26%), Sunshine Beach (+15%), Twin Waters (+15%) and Wurtulla (+15%).
Property profile: There are still locations with median house prices below $500,000 in Caloundra West, Kawana and Nambour. The Noosa property market is making a comeback, with particular interest from Sydney and Melbourne investors, according to Hotspotting. Vacancy rates are well below 3% across the Sunshine Coast.
Local economy: Economy expanded from its three dominant sectors – tourism, retail and construction – into information technology, clean-tech (otherwise known as clean technology, which is a term used to describe products or services that are environmentally friendly), creative industries, aviation and education.
Projects boosting capital growth prospects include The new University Hospital, the Maroochydore CBD project, the Sunshine Coast International Airport to be completed in 2020 and ongoing upgrades to the Bruce Highway.

Moreton Bay Region, Queensland

Located: Around 50km north of the Brisbane CBD.
May suit: Investors looking for affordable prices, low vacancies and high rental yields.
Strong performers: Suburbs that recorded good price growth in the past year included Woody Point (+8%), Strathpine (+7%) and Bray Park, Burpengary East, Murrumba Downs, Narangba and Petrie were all up by around 5%.
Property profile: Most of the area’s suburbs have median house prices below $500,000 and several in the $300,000s. There are still large amounts of vacant land to support rapid population growth.
Local economy: The Caboolture area, in particular, has changed in recent decades from a former agricultural centre and timber-led industry into an urban village. Moreton Bay’s major centres all have fairly easy access to the Brisbane CBD, Brisbane Airport and major transport routes.
Projects boosting capital growth prospects include New University of the Sunshine Coast (USC) Moreton Bay campus (at Petrie) to open in 2020, Moreton Bay Rail Link, North East Business Park and the proposed Caboolture West Master Plan, a large-scale development which could accommodate around 70,000 residents.

Mackay, Queensland

Located: Around 950km north of Brisbane in Central Queensland, near the Whitsunday Islands.
May suit: Investors and first home buyers looking for housing affordability and job opportunities.
Strong performers: Hotspotting said positive property trends have included strong median house price growth over the past year in Mt Pleasant (+21%), Sarina (+15%) and West Mackay (+13%).
Property profile: Mackay had the strongest house price growth of any region in Queensland in the year to March 2019, and vacancy and unemployment rates are falling. Houses are selling in around 70-80 days or faster, compared to around 200 days (and even over 300 in some cases) in 2016, according to Hotspotting. The resources sector is capable of causing volatility in this market.
Local economy: The property market in Mackay was impacted by the mining bust but is now recovering. The local economy is diversifying from being heavily driven by mining for employment, as in the past, to other sectors such as construction, logistics, agribusiness and tourism (being located fairly close to the Whitsunday Islands).
Projects boosting capital growth prospects include Qantas’ pilot training academy, construction of the Mackay Ring Road, around $1.3 billion in funding for road infrastructure upgrades in the Mackay region between now and 2022 and the rebuilding of Cyclone Yasi-impacted Lindeman Island resort, which is in the Mackay local government area.

Pop Up Homes is your solution

for an affordable granny flat, not only for investment purposes to increase the value of your property but for your parents, grandparent and adult children that are wanting to live closer to their family or saving for their first home, while providing that privacy that we all need. We offer 2 sizes; – 37 square metres and a 58 square metre with 4 different styles.

If you would like to know more about Pop Up Homes and investments, read this: Why are Granny Flats becoming more and more popular than buying a conventional house

Sources:

Canstar

Hotspotting

Department of State Development, Tourism and Innovation

Queensland state infrastructure plan

February 24, 2020

Applying for a Queensland home owner grant for a tiny or small home

How does the Queensland first home buyers grant work?

By VMA DEVFinance, Queensland Regulations

Every state and territory in Australia has its own first homeowner’s grant, each state has its grant amounts and requirements. Queensland is the most generous offering up to $5000 more than NSW, SA and Victoria.

At the start of the new millennium in July, marks the year that owning a home become significantly more accessible in Australia. In July 2000 the Australian government introduced the first homeowner’s buyers grant. This nationwide initiative that was introduced to offset GST and make purchasing a home more affordable for Australian citizens.

Source: echoice.com.au

What is the first home owner grant in Queensland?

The first homeowners grant is an initiative by the Queensland government, to make it easier for eligible individuals, couples and families to own their first home. You can get $15,000 towards buying or building your new house, unit or townhouse as long as it is valued less than $750,000. The grant is paid per new home, not to each of the applicants for the same home.

What is the criteria to become eligible for the first homeowner’s buyers grant?

To be able to get the first homeowners grant you must be,

At least 18 years of age.
Must be an Australian citizen or permanent resident. (or applying with someone who is)
You or your spouse must not have previously owned property in Australia that you lived in.
You must be buying or building a new home. A new home is either a house, unit or townhouse that has never been occupied as a place of residence or sold as a place of residence.
You may use the first homeowner’s buyers grant on a *substantially renovated home including the land it’s situated on. There is a criterion that needs to be met before the release of the grant.

It must be substantially renovated before you buy it.
Must not have a been lived in since the renovation.
- The seller:

Must be registered for GST and be selling the home in the course of their business.
The seller must give you a tax invoice that shows the GST component of the home purchase price.
Must give a statement that confirms the house has not been occupied or sold since renovation.

*Substantial renovations definition: A substantial renovation is when all, or most, of the structural or non-structural components of the building, are removed or replaced. Most of the rooms in the building must have been affected, and the renovations must have affected the building as a whole for it to be considered a substantial renovation.

You must live in your new home as the principal place of residence within 12 months of the completed transaction and live there continuously for 6 months.
The value of the new house and including the land must be less than $750,000.
Must be buying in Queensland.
The new home cannot be in a family trust.
You must not receive financial help to build or buy your new home, from a related person who also will regularly stay in the home.
Unless you are an owner-builder, you must have signed a contract to buy or build your first home before applying.

When do you get your first homeowner’s grant?

When you’re are eligible for the first homeowner’s buyers grant, you will receive the homeowners grant once you have;

Begin building a new home

Signed a building contract for your new home.
Put down a deposit for a block of land. This must be done before signing the building contract.
Registration statement that identifies the applicants as the registered owners.
Final inspection certificate.
Valuation notice.
Rates notice.

Buying a new home

Contract signed and dated by the seller and applicants.
Final inspection certificate.
Registration statement that confirms the applicant as the registered owners of the new home.
Statement from the seller confirming that the property hasn’t been previously been occupied or sold as a place of residence.
Stamped and lodged form 1 transfer.

Please note that that your application submission must occur within 12 months of the new home completion, and the final inspection report delivery.

Did you know?

Pop Up Homes are not only granny flats; our homes can also be used as a main dwelling. Additionally, you can use a Pop Up Home for your first homeowner’s buyer grant as you will be building a new home, as long as you have your block of land before signing the builders contract you will be eligible for the first home owners buyers grant.

Pop Up Homes have 3 modern styles to choose from and come in 2 sizes. The size ranges from 37 square metres to 58 square metres. The 3 modern styles to choose from include,

The Keppel 1 bedroom 37 square metres, Price starts from $39,990.
The Fraser 2 bedroom 58 square metres, Price starts from $49,990.
The Moreton 3 bedroom 58 square metres, Price starts from $51,990.

A Pop Up Home is an affordable solution for the young and old and a good way to get your foot in the door in the housing market.

Contact Pop Up Homes on 1300 121 556 now for your free consolation with one of our Pop Up Home specialists.

https://popuphomes.com.au/why-are-granny-flats-becoming-more-and-more-popular-than-building-a-conventional-house/

Sources: echoice.com.au / blackk.com.au / qld.gov.au

January 13, 2020

various delivery stages of a Pop Up Home

Granny Flats becoming more popular over building a conventional house

By VMA DEVFinance, Granny Flat, Kit Home, Small Home, Tiny Home

Adding value to your property can be as easy as putting a granny flat in your back yard. In our largest capitals around Australia, they have the potential for over 500,000 properties to have granny flats built in their yard.

Source: Core Logic

What is a granny flat?

A granny flat is a small self-contained living area built on the grounds of an existing family home. They are also known as a secondary dwellings and accessory dwelling units. They were named from the original purpose they initially served. Traditionally families would use these dwellings to accommodate their aging parents or grandparents. By adding a granny flat, helped keep the family together while giving everyone much-needed privacy. By adding a granny flat was a much more affordable alternative to aged care homes and facilities.

Granny flat costs?

There are two ways to build a granny flat. One is buying a kit home; kit homes generally offer two bedrooms, a kitchen and toilet area and can roughly cost around $50,000. Keep in mind that a kit home may have other costs involved, for example, the cost of labour to build your kit home and the services of a plumber and electrician to get your kit home connected to existing power, water and waste as well as the cost of getting your kit home certified through council.

A conventional built granny flat

Can cost around $120,000 – $200,000 which typically includes the electrician, plumber and other services required to build a granny flat. It’s a smaller expense compared to building a conventional home, but according to CoreLogic/Archistar modelling, it has the potential to boost the value of your existing dwelling by 30%. For example, adding a granny flat to a $500,000 property could see it’s market value rise to $650,000 it is a significant return on investment.

Source: Core Logic

How can I finance my granny flat?

There are 2 common ways to finance your granny flat. As Alex Ritchie has said in her report.

1. Redraw on your mortgage:

If you have made extra payments on your mortgage and have a redraw facility, you can access the extra money you have paid and use it to finance your renovations. This can be a competitive option if you want to avoid the hassle of additional debt, such as putting your renovation on a credit card or taking out a personal loan. However, keep in mind that you will lose the benefit of reduced interest charges on your mortgage because your loan balance will go up. Some lenders will limit the amount and frequency of redraws, as well as charge fees to deposit and withdraw.

If you want to take the redraw route, but your home loan does not offer this feature, you may want to consider refinancing to a home loan that allows this. The issue would then be waiting a few more years to build your granny flat after you’ve made enough additional payments to fund this project.

Pros

· Access cash without taking on new debt

· Easier and faster than applying for a new loan

Cons

· No longer reducing your mortgage interest

· Can be fees or limitations associated

2.Personal loan for renovation:

If you don’t have the funds upfront, you may consider taking out a personal loan for renovation.

A personal loan may allow you to take advantage of flexible features – such as the ability to make extra repayments, choose between a fixed or variable rate and choose between a secured or unsecured the loan. Personal loan terms are also much shorter than that of home loans, although interest rates may be much higher.

If you were thinking of putting your granny flat costs on plastic, keep in mind that personal loans carry lower interest rates than credit cards. The average personal loan rate on RateCity’s database sits at just over 12.14 per cent, while the average credit card rate is 16.82 per cent.

There can be a range of ongoing fees associated with a personal loan, such as annual fees. Consider researching different types of loans and compare some that you think maybe the best fit for your financial needs and budget before making a final choice.

Pros

· Flexible features

· Fixed term to pay off loan

· Lower interest rate than credit cards

Cons

· Potential fees

· Higher interest rate than home loans on average

· Can add to existing debt

Source: – Alex Ritchie – Rate City

Around Australia a revolution is taking place

The humble granny flat is becoming more and more of a trend, why you might ask?

It has the potential to not only increase your property value but also has the potential for excellent source of steady income either by long term renting, Airbnb, storage areas, a backyard gym or home office and many other investment ideas. The family benefits of a granny flat can’t be overlooked either, whether that’s giving your adult children more privacy while they are saving for a mortgage to move into their own home, keeping loved ones close as they become more reliant on care or if you have family visiting from overseas it’s a great way to give them the space and privacy they need.

Building Granny flats

Not only helps with your investment but helps with the ever-increasing Problem of ‘’affordable housing’’ for those that cannot afford to get into the housing market or rent due to increasing cost of renting a dwelling, they finally have the opportunity to rent their own home in an area that they so choose, that’s otherwise too expensive to buy land and build a house

There are also greater potential benefits that building a granny flat could bring to the Australian economy. If every one of the eligible 500,000 plus residence of Australia decided to put granny flats in their backyard, the construction industry in Australian could see more than $6 billion invested back into the industry and country, that’s a huge cash injection. Not only can it be beneficial to builders, but it creates jobs for electricians’ plumbers and other professionals in the building industry.

Source: Core Logic

What are the limits to building a granny flat

When it comes to adding a granny flat to your backyard, there can be some limitations, The rules about whether you can build a granny flat may vary from state to state and even between councils. The major key factor in whether you can build a granny flat on your property is the size of your block, in Queensland, for instance, you will need a minimum of 450 square metres for a small lot, or rear lot less than 600 square metres, excluding the access way. If you would like to know more about your council rules and regulations on granny flats, click this link from Pop Up Homes to find out more.

Pop Up Homes is your solution

For an affordable granny flat, not only for investment purposes to increase the value of your property but for your parents, grandparent and adult children that are wanting to live closer to their family or saving for their first home, while providing that privacy that we all need. We offer 2 sizes;- 37 square metre and a 58 square metre with 4 different styles.

The Keppel is a 37 square metre 1-bedroom Pop Up Home.
The Fraser is a 58 square metre 2-bedroom Pop Up Home.
The Fraser 58 square metre 2-bedroom Pop Up Home with a study Pop Up home.
The Moreton is a 58 square metre 3-bedroom Pop Up Home.

Not only are Pop Up Homes affordable but we offer stress-free packages that includes;

Planning at a low cost.
QBCC home warranty insurance.
Engineering form 15.
Installation of your Pop Up Home.
Supply and install footings.

Our Pop Up Home specialists deal with the certification process for you and deal with the council, so you don’t have too!

All our Pop Up Homes are thoughtfully designed and engineered in Australia while maintaining the affordability that most other granny flat builders can’t provide.

Why choose a Pop Up Home as an investment for your property?

A Pop Up Homes “Granny Flat”, is a great investment and is worth considering due to the reasonably low costs and relatively high yields/returns, especially when compared to traditional investment properties. With 4 styles of granny flats on offer, there is an option for a wide range of investors and owner-occupiers. Summarised below are the potential returns and costs.

*Please note that these costs are approximate and assume that the “Granny Flat” is put on land that you as the investor currently own, hence the costs exclude the cost of land.

The Fraser – 2 bedroom Total Cost $ 72,560

Permanent Rental in Brisbane / Gold Coast $ 380.00 per week for say 50 weeks = $19,000 (Gross Yield 26%)

AIR BNB Rental in Brisbane / Gold Coast $ 150 per night for say 300 nights p.a. = $45,000 (Gross Yield 62%)

The Fraser- 2 bedroom with study Total Cost $ 73,560

Permanent Rental in Brisbane / Gold Coast $ 390.00 per week for say 50 weeks = $19,500 (Gross Yield 26.50%)

AIR BNB Rental in Brisbane / Gold Coast $ 150 per night for say 300 nights p.a. = $45,000 (Gross Yield 61%)

The Moreton 3 bedroom Total Cost $74,560

Permanent Rental in Brisbane / Gold Coast $ 390.00 per week for say 50 weeks = $19,500 (Gross Yield 26%)

AIR BNB Rental in Brisbane / Gold Coast $ 160 per night for say 300 nights p.a. = $48,000 (Gross Yield 64.3%)

Source: Superior Accounting Group

Advice is general in nature, please consult your accountant and lawyer to see if it suits your own personal situation before proceeding.

At Pop Up Homes, we love what we do, and we love our customers even more. Have a read of customers reviews here and give us a call to answer any questions about a Pop Up Home granny flat.

Facebook Reviews

Testimonials

Google Reviews

Sources: Core Logic / Rate City

November 12, 2019