$550-650 a week,from your own backyard.
Potential rent for a two-bedroom granny flat, location-dependent.
Typical figures - add your address or suburb for local data.
Granny flat · 2 bed · 60 m2
From $159,000 on a standard site.
Want a smaller one? The one-bedroom Studio is a secondary dwelling too, from $129,000 on a standard site.
Prefer to talk it through? (02) 9188 9483
How the number is worked out.
The same arithmetic we would run for your block, with every assumption on the page.
Estimates only, before expenses. Not financial advice.
Growth stopped paying.
Income didn’t.
−5.3%
Sydney dwelling values, against their January peak. Listings are up 14.3% on last year and the clearance rate is 55.6% – stock is sitting.
$850/wk
Sydney median house rent, June quarter – a record, and up 6.3% in three months. The fastest quarterly rise in four years.
Rates rose three times this year. The cash rate is 4.35%. A block that only grows in value has stopped doing the one thing it was bought for.
An empty backyard earns nothing.
The arithmetic above does not start until the block does. Until then the land is carrying its cost and returning none of it.
See what your block could earnAs much home as the rules allow.
The most a secondary dwelling can be, and the size that rents as a real home.
- Two real bedrooms
- Open living to the yard
- Built to the 60 m2 secondary-dwelling maximum
- Rentable independently once it has its Occupation Certificate
What's in your free block report.
Made for your address, with suburb rents from NSW Government bond data.
- Your lot, frontage, sewer and easements, read from the planning record
- Median two-bedroom rents, suburb by suburb
- The gross yield range on the purchase price
- Then a free site visit, if you want one
What happens, and what it costs.
Every number in writing before you sign.
A free block report, then a site visit
Everything quoted in writing
From $129,000 one-bedroom, $159,000 two-bedroom, on a standard site.
Approvals handled for you
Built on your block, ready to rent
The questions investors ask.
Yes - a secondary dwelling can be rented independently once it has its Occupation Certificate. In a good Sydney area a two-bedroom secondary dwelling typically rents for $550-650 a week, location-dependent - a gross yield of around 18-21% on the purchase price, versus about 2.6% for a standard Sydney house. Check current local listings and your own tax situation.
The starting price is the supply and build of the home: the complete home package (structure, walls, roof, windows, internal fit-out, kitchen, bathroom), engineered footings, installation, waterproofing and standard service connections. A permanent concrete slab is an optional paid upgrade on the Studio and Granny flat, quoted separately. Two things sit outside the starting price and are quoted separately in writing before you sign: your approval costs - we manage the whole approval end to end for you, but the certifier or council fees and any engineering or design certificates are billed at cost and vary by your site and council - and site works like long service runs, difficult access or significant slope.
Yes - your home needs approval before any work starts, covering the plans, setbacks, energy efficiency and how it will be used. We prepare, lodge and manage the whole approval for you, end to end, through to your Occupation Certificate. The right pathway depends on your site - we sort that out and handle it either way, so you're not chasing council or certifiers yourself.
Most suburban NSW blocks are straightforward, but no two sites are the same, so we assess yours rather than promise a definition. Site conditions and approval costs are assessed per site and quoted in writing before you sign - the free block report tells you exactly where your block stands.
Your backyard is the only part of the property earning nothing.
Free block report. No obligation.
Get my block report →Or call (02) 9188 9483, Monday to Friday, 9am to 5pm.