Show Notes
Huge News!
The rules and laws around Granny Flats in Victoria has changed!
This is a “Legislation” inflection, when a rule or law changes this opens up a window of opportunity.
Another example is when the first home buyer grant came to town, all properties that fit the brief went up by the amount the government was giving away.
Is Granny Flats in Victoria a worthy inflection to look into?
Well, we are bringing on the amazing Sophie Ana, who is an unreal property manager in Geelong, Vic.
She has been doing all the digging on what these new rules in the Granny flats all means and where the opportunities may lie for investors.
Will this start a wave of investing in Vic? You tell me!
Join us for our first live session back in 2024!
Topics we’ll be talking about include:
- What are the numbers of granny flats and are they worth it?! This one is bound to be juicy and actionable.
- Understanding the new rules of Granny Flats in Vic.
- How to know if your Vic Property is granny worthy.
- A brief and value packed Geelong market overview.
- A live Q & A session – we’ll aim to answer as many as we can.
Episode Highlights
04:02 Main topic of discussion
14:53 Introduction to Sophie – Queen of Geelong Property Management
16:54 Sophie’s Property Investment Strategy
20:20 Understanding Frozen Equity
22:36 Property Market Insights in Geelong
27:30 Changes in Granny Flat Regulations
30:12 Key Rules for Granny Flats
34:57 How do you share the backyard if there is a granny flat?
36:21 Property Management Considerations for Granny Flats
38:01 Housing Supply and Demand Forecast
42:47 Long-Term Risks of Granny Flat Investments
48:43 Mobile Granny Flats and Regulations
53:40 Cost Range for Granny Flats
1:03:20 Considering Granny Flats as an Investment Opportunity
1:10:51 Considerations for Building a Granny Flat
1:15:11 Affordable Ways to Hold Property in Victoria
1:19:30 Understanding Serviceability and Borrowing Capacity
1:26:46 If you have a house and granny flats what does this do to your management fees?
1:28:49 Granny Flats as an Investment in Victoria
1:33:56 What sort of blocks work best for granny flats?
1:39:33 Learn more from Sophie
Episode Resources
Connect with Sophie Anapliotis: https://www.realestate-geelong.com.au…
Connect Joe Tucker: https://propertyprinciples.com.au/
Join Aus Property Facebook Group: https://www.facebook.com/groups/Auspr…
Join the Newsletter: https://propertyinvesting.substack.com/
Property Course: https://levelupproperty.com.au/
SUBSCRIBE: https://www.youtube.com/channel/UC2Hq…
Other Guests On Our Lives
Chris Gray, Amanda Farmer, Steve Palise, Nathan Birch, Todd Sloan, Cate Bakos, Mike Mortlock, Lloyd Edge, Karen Baldwin, Rob Flux, Kent Lardner, Charley Valher, Bernadette Janson, Pete Wargent, Melinda Jennison, Bushy Martin, Michelle Lewis, Peter Koulizos, Jane Slack-Smith, Joe Tucker, Jordan De Jong, Scott Aggett, Belinda Smith, Jef Miles and more.
