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    Granny Flat #2 - North St Marys

    We have a small 3 bedroom house adjoining a nice park. The kitchen and bathroom would be less than 10 years old and in OK shape. We sanded the floors, painted internally and clad the outside (to hide asbestos). It rents for $340 per week and the tennants have snakes for pets. You seem to...
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    Granny Flat #2 - North St Marys

    So the granny flat (assume 60m2) is bigger than the main house ? I understand the "newer" bit - but that is always the case. It seems that we are getting similar yields for our North St Marys places - just in a difference way. We get more for the main house but less for the granny flat...
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    Granny Flat #2 - North St Marys

    Well done - a good result. Interested in why the granny flat is renting for more than the main house. Our experience has been that the granny flat gets about 15 - 20% less than the main house - due to size and having no street frontage or off-street parking. What would your house rent...
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    Granny Flat #2 - North St Marys

    Looks very nice. The driveway to the granny flat seems to use up quite a bit of land - I imagine this takes a bit away from the main house. Was the main reason for this to give some street front to the granny flat ? The $330pw rent seems quite ambitous - we get $270pw for our one in North...
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