Posts Tagged ‘Builders’

High rents fuel NSW granny flat boom

Granny flats are becoming increasingly popular in NSW with high cost rents forcing more and more adult children to remain at home.

Applications to NSW councils for new granny flats increased to 1521 in 2009/10 compared to 1365 in 2008/09.

The figures, released by NSW Planning’s Local Development Performance Monitoring Report, show a growing trend across the State.

Climbing rents, particularly in Sydney, are forcing adult children to stay longer in the family … Read the full post »