Family & life milestones
Granny Flat / Home Office
Add space, add value.
A backyard studio, granny flat or home office is one of the higher return-on-investment additions many properties can make — adding rentable space, multigenerational flexibility or a proper work-from-home setup. Funded through a refinance, the build sits at home-loan rates rather than personal-loan rates.
Things to consider
- Council approval, siting, easements and setbacks vary by state and council — factor delays into the build timeline.
- For rental use, understand the tax and insurance implications before committing.
- Not all valuers add the full build cost to the property's post-build market value — a valuer's view can be worth getting first.
- Keep contingency (10–15%) in the funding to cover the inevitable variations.
Related equity uses
Three more ways homeowners commonly put usable equity to work.
Explore whether granny flat / home office could work for you — complimentary, no obligation.
No obligation · No cost · No credit check to enquire.