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It is always hard to compare and there are always variables. The last one cost us $115K completely turnkey for a 2 bedroom granny flat - but it also included cladding of the main house, airconditioning, outside shed on slap, path, landscaping etc). We signed up in September (2013) and it...

Hi and Welcome, Big fan of granny flats here ! We have done 3 in Sydney and it was a great way to be able to hold onto a good block of land. Without the extra yield from the granny flats I am sure we would have sold at leat one and missed out on the current growth. If you do them well...