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The housing ‘shack’ that’s saving Gen X

21/6/2016

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This week, Ipswich & Logan Granny Flats bring to you yet another article about the granny flat solution and how it’s helping to save generations of families. If you’re looking to downsize, this might be the answer you’ve been looking for!
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Read and enjoy: 
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The Courier Mail | Paula Shearer
June 16 2016
The popular granny flat is helping Gen X homebuyers out of a tight fix in their quest to house multiple generations.

GENERATION X has become the forgotten demographic in housing – but granny flats might just save the day.

While the Gen Y struggle to buy a first home has been well documented, and there has been plenty written about today’s amazing downsizing options for Baby Boomers – what about that generation sandwiched in the middle?

The parents of Gen Y still have their 27-year-old kids at home, while making some tough decisions on the care of their ageing and slightly-older-than-Boomer parents, also known as the Silent Generation.

Faced with housing a number of generations in one home (a cultural norm in some societies) gen X homeowners are turning to “dual-living options”.

Once known as the “granny flat”, these spaces are now also popular for families with adult children still living at home.

Coronis Coorparoo agent Warren Maddox said he had seen a lot of dual-living homes sold recently, and they were generally popular with buyers.
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Mr Maddox is now marketing 44 Marie St, Murarrie for $549,000. The two-storey home includes a downstairs multipurpose room and a kitchenette.
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Like many older-style homes with dual-living “potential”, the original house has been enclosed downstairs, slightly under the minimum 2.4m ceiling height required for bedrooms and living spaces to be officially deemed “habitable rooms”. Building codes require a 2.1m height for kitchens and bathrooms – smaller spaces are classified utility rooms.

Not that ceiling heights seem to bother most buyers, according to Mr Maddox.

“Most of the interest has been from families just wanting that larger space and options,” he said.
A search of listings on realestate.com.au reveals buyers wanting to spend under $1 million on a dual-living home are likely to end up with a two-storey home in Brisbane’s more established suburbs.

But, surprisingly, there are plenty of houses to choose from.

For offers over $545,000, Belle Property has listed a four-bedroom brick home at 259 Stanley Rd, Carina.

The house, which is 7.5km from the city, has three bedrooms, a bathroom, kitchen, living and dining rooms upstairs with a bathroom, kitchenette, study and utility room downstairs.

Both bathrooms have been renovated, there are built-in wardrobes and the bedrooms have ceiling fans.
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At Kedron, a renovated Queenslander has a dual-living space downstairs with a bedroom, new kitchen, large bathroom and open-plan living area.
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There is a separate entrance plus an outdoor entertainment area.
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The property also includes a separate, 6.9m by 5m studio cottage with a loft at the back of the 544sq m block.

Marketed by David Lazzarini from Ray White Lutwyche, the property at 130 Leckie Rd is priced at offers over $799,000.

Ray White agent Maree Grieve has the complete dual-living package at 12 Franklin St, Annerley, for $910,000-plus.

The freehold 1920s Queenslander has been converted to two registered flats offering plenty of options for owner-occupiers and investors.
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Ms Grieve said each level had three bedrooms, a main bathroom plus ensuite, a living space and kitchen – offering plenty of room for two generations to share a house while having their own space.

Upstairs there are two balconies while there are patios to the downstairs residence.

For buyers over $1 million, LJ Hooker agent Jane Elvin has a renovated Queenslander at 190 Park Rd, Yeerongpilly.
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Listed at $1.295 million, the downstairs includes a bedroom, office, bathroom, kitchenette and living space.

The character home has high ceilings, open fireplaces and wooden floors.

Upstairs the main residence has three bedrooms, main bathroom plus an ensuite, living room, kitchen, dining, two sleep-outs and a deck.

At Sunnybank, a two-year-old brick home at 19 Wana St, Sunnybank, has a private granny flat.
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Priced at $1.35 million, the eight-bedroom, five-bathroom home is 464sq m. Marketed by Rosa Chiu from LJ Hooker, it is set on a 678sq m block.

The granny flat floorplan includes three bedrooms, a large living area, kitchen with plumbing for a dishwasher or washing machine, a full-sized bathroom plus an ensuite to the main bedroom.

There is a separate entry and a low-maintenance garden, offering the perfect setup for a Gen X buyer who wants to help an adult child into the property market, while maintaining privacy for everyone in the family.
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​ARE YOU IN NEED OF A HOUSING SOLUTION?

WANT TO BUILD A GRANNY FLAT IN SOUTH-EAST QUEENSLAND?
 
IF YOU NEED TO FIND A SUITABLE PROPERTY FIRST:
We can act as Buyers Agents on your behalf!
 
For more information
CALL SONIA 0403 309 136
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