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  1. M

    Valuation issues for granny flats

    Thanks for the feedback, this variance is presumably related to the higher value per metre of land in the northern beaches relative to say Blacktown? Northern beaches properties are obviously much more expensive which makes the capital requirements higher to buy something and benefit from the...
  2. M

    Valuation issues for granny flats

    Thanks for the feedback. So you can provide a bank a development proposal, and rent forecast and they can give you a conditional valuation based upon that? Is there any particular reasons why banks give lowers vals that the cost of the granny flat, is it because a lot of property investors...
  3. M

    Valuation issues for granny flats

    Looking at the potential value add of granny flats does anyone have some experience on valuation issues for granny flats. Eg lets say you buy a house for $400k that normally rents for $400 a week, you spend $100k to add a granny flat that rents for $200 a week. Your spend is $500k and your...
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