Are Granny Flats A Good Investment?

  Рет қаралды 9,650

Pumped on Property

Pumped on Property

2 жыл бұрын

Over the last six and a half years we have helped clients from all over Australia buy investment properties in Brisbane and then build a granny flat in the backyard.
The rental returns on these granny flats have been the exception, particularly throughout Covid as more Australians moved to SEQ than any other part of Australia and many Australians looked for more affordable accommodation.
In this video, we share long term data relating to granny flats, along with our experiences renting and building over 50 granny flats in Brisbane.
Like what you've watched so far?
Why not book a one-on-one Strategy Session with us here:
pumpedonproperty.com/strategy...
WHAT CAN YOU EXPECT FROM YOUR STRATEGY SESSION?
By the end of your session you’ll have identified:
1. Where you are right now in terms of your property investing goals.
2. Where you want to be by the time you retire.
3. The roadblocks currently holding you back from achieving your goals and how to address them.
4. Your next action steps.
Follow Us Online Here:
Website: www.pumpedonproperty.com
Facebook: / pumpedonproperty
Instagram: pumpedonpro...
Soundcloud: / pumpedonproperty
Subscribe to our podcast, The Pumped On Property Show, Here:
iTunes: podcasts.apple.com/au/podcast...
Spotify: open.spotify.com/show/3mtJ85Z...
DISCLAIMER No Legal, Financial & Taxation Advice
The Listener acknowledges and agrees that:
• Any information provided by us is provided as general information and for general information purposes only;
• We have not taken the Listeners’ personal and financial circumstances into account when providing information;
• We must not and have not provided legal, financial or taxation advice to the Listener;
• The information provided must be verified by the Listener prior to the Listener acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener’s accountant;
• The information may not be suitable or applicable to the Listener’s individual circumstances;
• We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, and we have not provided financial services to the Listener.

Пікірлер: 19
@amosmoore9977
@amosmoore9977 10 ай бұрын
A lot of great info guys. Thanks
@pumpedonproperty
@pumpedonproperty 10 ай бұрын
Thank you 😊
@garethlloyd8226
@garethlloyd8226 2 жыл бұрын
Just building a granny flat at the moment on one of my investment properties in Sydney....looking forward to the extra cash flow coming in once built
@pumpedonproperty
@pumpedonproperty 2 жыл бұрын
Love it, hope it all goes well for you!
@baindesign7639
@baindesign7639 2 жыл бұрын
Our 2 bed granny flat is renting for $480 on the Central Coast. 9km from the beach. Great vid as always boys.
@pumpedonproperty
@pumpedonproperty 2 жыл бұрын
That’s epic Bain! Good stuff and thanks for the kind words!
@usmanrahat2913
@usmanrahat2913 5 ай бұрын
How much it cost to build the 2 bed granny flat and how much is the area? Thanks
@sophiajoubert2281
@sophiajoubert2281 Жыл бұрын
Can we rent out granny flat in QLD, thought we can not. Is it only for family member??
@pumpedonproperty
@pumpedonproperty Жыл бұрын
There are a couple council areas that currently allow it
@hollyatkinson3940
@hollyatkinson3940 Жыл бұрын
There was a news article on it I swear the government is allowing it they will be re looking at it in again in the future
@9W8o7l7f4
@9W8o7l7f4 Жыл бұрын
So spend up to a million bucks to make fifteen grand a year? How much is insurance for rental granny flat?
@pumpedonproperty
@pumpedonproperty Жыл бұрын
The yearly cashflow is one of the upsides, mainly helping people hold the property for the long term so they can reap the rewards of compound growth
@djekna
@djekna 11 ай бұрын
Renting to grandparents or parents? I thought people build these for their elders to live in.
@pumpedonproperty
@pumpedonproperty 11 ай бұрын
Sometimes they can be rented in a multi family situation, however there’s a a large demographic of potential tenants. Including elderly, young couples, FIFO workers, couples with no kids, singles etc
@matthewbrooker3
@matthewbrooker3 2 жыл бұрын
Not a huge fan of granny flats. Never understood using at least $60k deposit to cut land in half, whereas that deposit can buy a whole other asset diversifying risk and higher chance of capital growth.
@Em-sw2fu
@Em-sw2fu 2 жыл бұрын
I agree
@pumpedonproperty
@pumpedonproperty 2 жыл бұрын
Thanks for your thoughts Matt. Different strategies suit different people. Some people would rather a cash flow focussed asset and aren’t in a position to hold a negatively geared home. A deposit for a granny flat is typically much smaller than a deposit for a house
@matthewbrooker3
@matthewbrooker3 2 жыл бұрын
No probs, always good to have both sides of the coin. Definitely depends what is purchased for a stand alone asset. For example I can easily find a property for the same deposit and have it positively geared from day one. They are definitely out there.
@RDW88
@RDW88 6 ай бұрын
​@@pumpedonproperty Brother, Do we need council approval to build a Granny Flat in Carina suburb in Brisbane? Any idea how much money will be needed to build a 2 bed 2 bath 1 kitchen granny flat
Australian Property Market Update | July 2024
12:55
Pumped on Property
Рет қаралды 1,9 М.
Interest Only VS Principal And Interest Loan On Investment Property | Australian Property Investing
13:17
Australian Property Mastery with PK Gupta
Рет қаралды 33 М.
ОСКАР vs БАДАБУМЧИК БОЙ!  УВЕЗЛИ на СКОРОЙ!
13:45
Бадабумчик
Рет қаралды 3,4 МЛН
NERF WAR HEAVY: Drone Battle!
00:30
MacDannyGun
Рет қаралды 50 МЛН
Old Property VS New Property In Australia 2021 - What Is The Best Strategy To Build Wealth & Income?
21:06
Australian Property Mastery with PK Gupta
Рет қаралды 39 М.
How To INCREASE Borrowing Capacity In Australia - 11th TIP at the end of video will blow your mind!
38:21
Australian Property Mastery with PK Gupta
Рет қаралды 38 М.
3 Properties to Financial Freedom
6:58
Pumped on Property
Рет қаралды 6 М.
Cross Collateralization Loan [Do Not Make This Mistake]
8:07
Mortgage Broker Australia - Hunter Galloway
Рет қаралды 10 М.
Buying an Investment Property is a Skill
9:52
Pumped on Property
Рет қаралды 782
Which First? Investment Property or Own Home
11:07
Luke Wiles
Рет қаралды 3,6 М.
Is It Better To Rent Or Buy In 2023? | Rental Crisis vs First Home Buyer Grants
12:20
Personal Finance with Ravi Sharma
Рет қаралды 9 М.
10 Best Suburbs To Invest In Brisbane under $600,000 | Property Investing
17:13
15 Reasons Why Property Prices Will Go Up In 2024
57:32
Pumped on Property
Рет қаралды 3,8 М.