More granny flats promised for WA

More granny flats promised for WA

Posted on Friday, March 01 2013 at 2:44 PM

Investors who own property in Western Australia might soon be able to put a granny flat on their block of land, even if they’re currently not allowed to.

WA’s Liberal Party has promised to expand the number of granny flats
throughout the state, if re-elected to government.

The Real Estate Institute of Western Australian (REIWA) president David
Airey says the proposal would help alleviate the tight rental market, provide
more opportunities for low-income earners to live in established suburbs and
also provide property managers with additional work. The changes would also
give investors the option of adding a granny flat and increasing their rental
yield or return on their investment to any given tenant, not just family.

“The proposal by Planning Minister John Day to increase the allowable
floor space of a granny flat from 60 to 70 square metres makes sense, but
better still is the proposal to change to allowable use of these flats to
anybody and not just family members, as is currently the case,” Airey says.

“While I suspect most owners will be likely to manage these granny flats
themselves because they’re in their backyards, there will be opportunities for
property managers to provide a service to owners by advertising vacancies,
checking references and helping select suitable applicants.”

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