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under 20k im aiming for (it will be of the transportable type and I work in the building industry so I have a few leads to help) your right about GF in higher yielding areas, but if can do it without a loan the cashflow would be nice

im sure I will encounter the standard problems you get with a granny flat (e.g. must reduce house rent etc.) But if I can do it cheap enough I would enjoy a little cash flow. Will post back with results once its all done

hhhehmm...sorry to change the topic but I think a question in my last post was overlooked. Anyone doing granny flats in the area? Im currently speaking with council to find out costs and what needs to be done for approval. Happy to report back with any findings if anyone interested (will...

I agree. This is the best way to cut costs on renos, I even watch when im not planning a reno, you never know when a screaming bargain (e.g. pallets of tiles) will come up, and it will help your next reno. I've been looking into putting a cheap transportable granny flat onto the back of my...

http://www.domain.com.au/Property/For-Sale/House/SA/Elizabeth-North/?adid=2010378325 Interested to see if anyone here purchased this one? was an affordable home but don't think it sold to an eligible buyer......any opinions on this one? Listed for 150, fact that its a semi is a negative but...