Benefits of Living in a Granny Flat in New South Wales
The advantages of living in a granny flat in New South Wales include:
- Reduced maintenance costs due to separate utility meters and smaller space
- Increased security with a private entrance and potentially on-site caretaker
- Potential for rental income through accommodation of live-in caregivers or relatives
- Simplified tax obligations through ability to claim deductions for the granny flat as a separate asset
- Enhanced privacy for occupants, especially for seniors or those requiring independence