Money Magazine

Join the extra space race

More than half a million homeowners across the eastern seaboard have enough space on their property to build a granny flat, which could boost home values by 30% and add around 27% to rental income, according to property researcher CoreLogic.

Recent analysis by CoreLogic and ArchiStar, a property design platform, identified 583,440 properties in Sydney, Melbourne and Brisbane that meet the criteria for an additional self-contained unit of at least

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