The Melbourne property market has always attracted savvy investors, but in 2025, one investment strategy is outperforming traditional property purchases: the granny flat investment. With rental vacancy rates at historic lows across Victoria and rental prices continuing to climb, property owners are discovering that their backyards hold untapped potential for generating substantial passive income.
A professionally built granny flat isn’t just about adding extra space to your property. It’s about creating a completely self-contained, income-generating asset that delivers impressive rental yields, boosts your property’s capital value, and provides significant tax advantages. And you can do all this without the hefty deposit and stamp duty costs of purchasing a separate investment property.
At Innovista Group, we specialise in premium granny flat construction across Melbourne, offering two comprehensive series: the Affordable Series and the Lana Series. Both are designed specifically to maximise your return on investment. This guide will walk you through everything you need to know about building a granny flat for investment purposes, from understanding the rental guarantee program to navigating separate metering requirements and legal compliance.
Why Melbourne Investors Are Turning to Granny Flats
The investment case for granny flats has never been stronger. Victoria’s recent legislative changes have made it simpler for homeowners to construct and rent out granny flats to non-family members, opening up a world of opportunity for property investors.
Generate Consistent Rental Income
A well-positioned granny flat in Melbourne’s growth corridors can command weekly rents between $400 and $650, depending on size, location, and finish quality. This works out to annual rental income of $20,800 to $33,800. You can use this income to offset your primary mortgage, cover the granny flat construction loan, or simply add to your investment portfolio returns.
Achieve Superior Rental Yields
Traditional Melbourne property investments typically deliver gross rental yields between 3% and 4%. In contrast, a granny flat investment can achieve yields of 10% to 14% or higher. With Innovista Group’s Affordable Series starting from $190,000 and capable of generating $450+ per week in rent, the numbers speak for themselves.
Boost Your Property’s Capital Value
A professionally constructed, council-approved granny flat adds substantial capital value to your property. Many Melbourne property owners see their overall property value increase by $150,000 to $300,000 or more (often exceeding the construction cost). This makes your property more attractive to future buyers, particularly other investors and multi-generational families.
Lower Barrier to Entry
Compared to purchasing a second investment property, building a granny flat requires significantly less capital. You’re leveraging the equity in your existing property rather than finding a deposit for an entirely new purchase, making it an accessible entry point for first-time property investors.
Granny Flat Investment vs Other Investment Options: A Clear Comparison
Understanding how a granny flat investment stacks up against alternative investment strategies helps you make informed decisions about where to deploy your capital.
| Investment Type | Initial Capital Required | Typical Annual Return | Liquidity | Management Effort | Tax Benefits |
| Granny Flat Investment | $190,000 – $255,000 | 10-14% gross rental yield + capital growth | Low (part of main property) | Low (tenant management only) | Depreciation + deductions + potential CGT discount |
| Second Investment Property | $100,000+ deposit + $10,000-$15,000 stamp duty | 3-4% rental yield + capital growth | Medium (can sell separately) | Medium (full property management) | Depreciation + deductions + 50% CGT discount |
| Australian Shares/ETFs | Any amount (start from $500) | 7-10% average (dividends + growth) | High (sell anytime) | Low (mostly passive) | Dividend imputation credits + 50% CGT discount |
| Term Deposits | Any amount (typically $5,000+) | 4-5% interest | Medium (locked for term) | None | Interest taxed at marginal rate |
Why Granny Flats Stand Out
The comparison reveals several compelling advantages of granny flat investment.
Superior Yields: With gross rental yields of 10-14%, granny flats significantly outperform traditional property investments and provide more predictable returns than share market investments.
Leverage Your Existing Asset: You’re improving a property you already own rather than taking on a completely new debt obligation. This means no stamp duty, no separate land tax, and no additional council rates on a standalone property.
Dual Value Creation: You simultaneously generate rental income AND increase your main property’s capital value. This creates wealth through two distinct mechanisms.
Tangible Asset: Unlike shares or managed funds, your granny flat is a physical asset you can see, touch, and control. You decide on quality, design, and tenant selection.
Lower Transaction Costs: Building a granny flat avoids the substantial transaction costs of buying a second property. You save on stamp duty, conveyancing, building inspections, and mortgage establishment fees.
Understanding Innovista Group’s Investment-Ready Granny Flat Options
Innovista Group offers two distinct series designed for different investment strategies and budgets.
The Affordable Series
Starting from $190,000 for the Signature Spec (or $205,000 for the Luxe Spec), the Affordable 60 provides a 60-square-metre, two-bedroom, one-bathroom dwelling. This turnkey solution includes everything needed for immediate rental, from double-glazed windows and premium appliances to reverse cycle heating and cooling.
Key investment features include SIPs frame construction for superior energy efficiency, 2700mm ceiling heights, and comprehensive inclusions that eliminate unexpected costs. The 16-20 week build period means you can start generating rental income quickly.
The Lana Series
The Lana 60 (starting from $230,000 Signature Spec or $255,000 Luxe Spec) offers a more premium investment option with 3000mm ceiling heights, enhanced architectural features, and extended awnings. The Lana 43 provides a compact one-bedroom option (starting from $230,000 Signature Spec) ideal for inner-city locations where smaller, high-quality studios command premium rents.
Both series come with Innovista Group’s industry-leading inclusions, comprehensive warranties, and building permits—giving you complete cost certainty from day one.
Calculating Your Granny Flat Investment Return
Understanding your potential return on investment is crucial for making informed decisions. Let’s break down the numbers using a typical Innovista Group investment scenario.
Rental Yield Calculation
Rental yield represents your annual rental income as a percentage of your total investment. The formula is straightforward:
(Weekly Rent × 52) ÷ Total Investment Cost × 100 = Gross Rental Yield %
Example: Affordable 60 in Melbourne’s Growth Corridor
- Total investment (Signature Spec): $190,000
- Expected weekly rent: $480
- Calculation: ($480 × 52) ÷ $190,000 × 100 = 13.1%
A 13.1% gross rental yield significantly outperforms traditional property investments. Even after accounting for property management fees (typically 7-8%), insurance, maintenance, and other expenses, your net rental yield remains exceptionally strong.
Real-World Investment Example: Werribee Property Owner
Let’s look at a typical Innovista Group client to see how the investment performs in practice.
Property: Established home in Werribee with 650 square metres of land
Investment: Affordable 60 (Signature Spec), costing $190,000
Weekly Rent Achieved: $475
Rental Guarantee: $420 per week (5-year guarantee from Certainty Property)
Year 1 Financial Performance:
Income:
- Gross rental income: $24,700 ($475 × 52 weeks)
- Vacancy allowance: -$950 (assuming 2 weeks vacant)
- Net rental income: $23,750
Expenses:
- Property management (8%): -$1,900
- Insurance: -$650
- Maintenance provision: -$1,000
- Council rates (proportional): -$400
- Total expenses: -$3,950
Net annual income: $19,800
Net rental yield: 10.4%
Tax Benefits (Year 1):
- Depreciation deductions: ~$7,200
- Loan interest (if borrowed): Fully deductible
- All expense deductions: $3,950
For an investor in the 37% tax bracket, the depreciation benefit alone saves approximately $2,664 in tax, boosting the after-tax return significantly.
Capital Growth Impact:
The property’s valuation increased from $680,000 to $850,000 following granny flat completion. This is an immediate equity gain of $170,000 that exceeded the construction cost by $80,000. This instant equity can potentially be used to fund further investments.
Investment Security:
With the $420 per week rental guarantee in place, the worst-case scenario can still deliver $21,840 annual income (gross), protecting the investment even during challenging rental conditions.
Capital Growth Potential
Beyond rental income, your granny flat investment adds direct capital value to your property. A professional valuation will recognise the addition of a second legal dwelling as a substantial improvement. In many Melbourne suburbs, this can add $200,000 to $350,000 to your property’s overall value—creating instant equity you can potentially leverage for further investments.
The Innovista Rental Guarantee: Investment Security You Can Count On
One of the most compelling aspects of building a granny flat with Innovista Group is access to our exclusive rental guarantee program through our partner, Certainty Property Pty Ltd.
How the Rental Guarantee Works
The rental guarantee provides a financial safety net for your investment. It ensures consistent income even during vacancy periods or tenant issues. Here’s the process.
The guarantee amount depends on your chosen granny flat model and its location within Melbourne. Once you’ve confirmed your address and selected your preferred design, Certainty Property provides a detailed rental guarantee (subject to conditions being met). This document outlines the guaranteed weekly rental amount and all terms and conditions.
The “Floor” Protection
Think of the guarantee as establishing a minimum income floor. For example, if your granny flat receives a guarantee of $420 per week, this represents your worst-case scenario. If a tenant stops paying rent, disappears, or other rental issues occur, Certainty Property covers the guaranteed amount until the situation normalises. They do this for five years.
However, the market rental rate for your granny flat might be $500 per week. You’ll collect the higher market rate when everything runs smoothly. But you have the security of the guaranteed $420 per week floor if problems arise.
Investment Confidence
This five-year guarantee provides unprecedented confidence for granny flat investors. You can calculate your minimum returns with certainty, secure financing with greater ease, and proceed with your investment knowing you’re protected against common rental property challenges.
Essential Infrastructure: Separate Metering for Investment Properties
When building a granny flat for rental purposes, installing separate meters for electricity and water isn’t just recommended. It’s essential for protecting your investment returns and maintaining clear tenant relationships.
Why Separate Metering Matters
Separate meters ensure your tenants pay their own utility costs. This protects your rental yield from being eroded by utility bills. Without separate metering, you’re responsible for your tenant’s electricity and water usage, which can significantly impact your investment returns.
Electricity Metering Options
Victoria offers two main approaches to electricity metering for granny flats:
Separate Main Meter: This involves installing a completely independent electricity meter for your granny flat, directly billed by the electricity retailer. This is the preferred option for serious investors as it provides complete separation of utilities. Installation costs typically range from $8,000 to $25,000 (please confirm with your electricity provider).
The final price depends on a few variables:
- Above head or underground power lines on your street (Above ground almost doubles the cost due to requirement of adding a pit in front of your property)
- The distance from your existing electrical infrastructure (i.e. your meter) to the Pit outside
- If you require power upgrades, then this further add costs and whether power upgrades are required
Cheaper Alternatives:
- Adding a “check” meter. This is a private meter to determine how much power each home uses, and your property manager will split bills each month. Cost is $700 per meter (Electrical + Water)
- Adding no meter at all and providing tenants with an “all inclusive” rental. Risk here is if they overuse power / water, you will be out of pocket, so you need to get your numbers correct to determine the right amount of weekly rental between tenants
Water Metering Requirements
Victorian regulations require separate water meters for any secondary dwelling intended for rental. Water meter installation typically costs between $1,800 and $3,500. The final price depends on your property’s existing plumbing infrastructure and the distance to the granny flat location.
Your water retailer can provide specific quotes and requirements for your property. Most installations involve running a separate water line from your main connection. Then they install an independent meter that allows your tenant to establish their own water account.
Important Considerations
Innovista Group includes service connections (sewer, stormwater, water, and electricity) from your primary dwelling to the granny flat up to 10 metres in our standard pricing. However, the installation of separate meters falls outside our standard inclusions, allowing you to choose the metering configuration that best suits your investment strategy. We can provide recommendations for licensed electricians and plumbers experienced in granny flat metering installations.
Boundary Fencing: Privacy and Legal Compliance
Proper fencing between your primary residence and your investment granny flat serves multiple purposes. It provides privacy for both you and your tenants, clearly marks out separate living spaces, and helps with legal compliance.
Why Fencing is Essential for Investment Properties
When renting your granny flat to tenants, creating a sense of independent living is crucial for commanding premium rents. A well-designed fence or privacy screen provides psychological separation. This allows both parties to feel they have their own private space.
Physical separation also addresses privacy concerns. It reduces the likelihood of disputes and creates clear boundaries for property access, maintenance, and responsibility.
Fencing Options and Costs
Victorian councils typically require a form of separation between the primary dwelling and secondary dwelling, though specific requirements vary by municipality. Common options include:
Timber Paling Fencing: A traditional 1.8-metre timber fence costs approximately $100-$150 per linear metre installed. For a typical granny flat requiring 15-20 metres of boundary fencing, expect costs of $1,500 to $3,000.
Colorbond Steel Fencing: A modern, low-maintenance option that costs approximately $120-$180 per linear metre. While more expensive initially, Colorbond fencing requires minimal maintenance and offers excellent longevity.
Decorative Screening: Aluminium or powder-coated steel screening panels can create visual separation while maintaining an open feel. These typically cost $150-$250 per linear metre depending on design complexity.
Council Requirements
Your local council’s planning requirements will specify if physical fencing is mandatory and any height or setback requirements. As part of our comprehensive service, Innovista Group includes all planning reports and building permits, ensuring your project meets all local requirements from day one.
Separate fencing is listed in our exclusions, allowing you to choose the fencing style and budget that aligns with your investment goals and property aesthetics.
Car Parking Requirements: Legal Compliance Essentials
Victorian planning regulations typically require at least one off-street car parking space for granny flats, though specific requirements vary by council and property location.
Understanding Car Parking Requirements
Most Victorian councils require one designated parking space for a one-bedroom granny flat and sometimes two spaces for two-bedroom configurations. The parking space must meet specific dimensional and access requirements to be considered compliant.
Standard Requirements
A legal car parking space typically must be:
- Minimum dimensions of 2.4 metres wide by 5.4 metres long for a standard space
- 2.4 metres wide by 6.0 metres long if backing directly onto a street
- Accessible via a driveway meeting minimum width requirements (typically 3.0 metres)
- Constructed with an appropriate surface (concrete, pavers, or compacted gravel)
- Clearly delineated and not obstructing other parking areas
Surface Requirements
While concrete is the gold standard for car parking areas (costing approximately $80-$120 per square metre), other options include:
- Exposed aggregate concrete: $100-$150 per square metre
- Concrete pavers: $90-$140 per square metre
- Compacted gravel: $40-$60 per square metre (though less durable and potentially problematic for tenant satisfaction)
For a standard car space, expect surface costs between $1,000 and $2,000, depending on your chosen material and existing site conditions.
Site-Specific Considerations
Your specific property may have existing car parking that can be redesigned or repurposed to meet granny flat requirements. Innovista Group’s comprehensive site assessment (conducted during the planning phase) will identify parking requirements specific to your property and council regulations.
Tax Benefits and Depreciation: Maximising Your Investment Returns
A granny flat built for investment purposes qualifies for significant tax advantages. These can substantially boost your after-tax returns.
Understanding Depreciation
The Australian Taxation Office allows property investors to claim depreciation (the decline in value of assets over time) as a tax deduction. For a new granny flat, you can claim depreciation on both the building structure and the plant and equipment within it.
Plant and Equipment (Division 40)
These are items like appliances, air conditioning systems, carpets, blinds, and fixtures. They depreciate at faster rates, offering substantial deductions in early years. Innovista Group’s comprehensive inclusions (from Haier appliances to reverse cycle heating and cooling) all qualify for depreciation claims.
Building Structure (Division 43)
The construction cost itself (foundations, walls, roofing, plumbing, and electrical work) depreciates at 2.5% per year for 40 years. For a $200,000 granny flat, this alone represents $5,000 in annual deductions for four decades.
First-Year Depreciation Example
For a new $200,000 Innovista Group granny flat, your first full financial year depreciation claim could exceed $7,000. This is a non-cash deduction, meaning you don’t spend anything to claim it, but it reduces your taxable income, potentially saving thousands in tax annually.
Ongoing Deductible Expenses
Beyond depreciation, you can claim:
- Property management fees
- Insurance premiums
- Maintenance and repairs
- Council rates (proportionate to the granny flat)
- Loan interest (if you’ve borrowed to build the granny flat)
- Advertising for tenants
Essential Professional Advice
Tax laws are complex and change regularly. We strongly recommend engaging a qualified Quantity Surveyor to prepare a comprehensive depreciation schedule for your granny flat investment. The Australian Taxation Office website provides detailed information on rental property deductions, and consulting with an accountant experienced in property investment is essential for maximising your returns.
Design Features That Command Premium Rents
Not all granny flats are created equal when it comes to rental income potential. Strategic design choices can significantly impact the weekly rent your investment property commands.
Privacy and Independence
Tenants paying premium rents expect independent living. Innovista Group’s designs incorporate separate, well-lit entrances and private outdoor spaces. Our extended awnings and decking options create genuine outdoor living areas. These make smaller dwellings feel more spacious and desirable.
Natural Light and Space
Double-glazed windows throughout, high ceilings (2700mm in the Affordable Series, up to 3000mm in the Lana Series), and strategic window placement create bright, airy interiors. Natural light transforms the tenant experience. It justifies higher rental prices and attracts quality tenants.
Modern, Durable Finishes
Innovista Group’s focus on quality finishes pays dividends in rental returns. Our sintered stone benchtops, premium Haier appliances, frameless shower screens, and contemporary joinery appeal to discerning tenants willing to pay for quality. These durable materials also reduce maintenance costs over time.
Energy Efficiency
Double-glazed thermally broken windows, EPS foam insulation throughout our SIPs frame construction, and electric heat pump hot water systems reduce utility costs for tenants. Energy-efficient features are increasingly important to renters and justify premium rents.
Smart Storage Solutions
Built-in wardrobes, full-height kitchen joinery with pantry space, and thoughtful storage design throughout maximise functionality. Tenants value well-designed storage in compact spaces.
Location Strategy: Where Granny Flat Investments Perform Best in Melbourne
Not all Melbourne locations offer equal investment potential for granny flats. Understanding rental demand hotspots helps you maximise returns.
Growth Corridors and Infrastructure Investment
Melbourne’s growth corridors offer strong rental demand. Such areas attract young families and essential workers seeking modern, affordable rental accommodation close to employment hubs.
The proximity to major employment centres matters significantly. For example areas within 5-10 kilometres of universities, schools, industrial precincts, public transport, hospitals or employment clusters consistently show strong rental demand for quality secondary dwellings.
Transport Connectivity
Properties within walking distance (800 metres) of train stations command rental premiums and experience lower vacancy rates. The Regional Rail Link, Metro Tunnel, and planned Suburban Rail Loop are transforming connectivity, making previously distant suburbs highly accessible.
Rental Demographic Considerations
Understanding your target tenant demographic shapes location strategy. Areas near universities (Monash Clayton, Deakin Burwood, La Trobe Bundoora) attract student and young professional tenants seeking quality, independent accommodation. Established suburbs with good schools attract young families seeking affordable rentals while saving for their own purchase.
Healthcare workers represent another strong tenant demographic, with areas near major hospitals (Box Hill Hospital, Frankston Hospital, Sunshine Hospital, Northern Hospital Epping) showing consistent granny flat rental demand.
Council Attitude and Approval Times
Some Melbourne councils process granny flat applications more efficiently than others. Some councils have streamlined approval processes reflecting their pro-development stance. Innovista Group’s experience across all Melbourne councils ensures smooth approvals regardless of location.
Rental Market Research
Before committing to your granny flat investment, research actual rental listings in your suburb on platforms like Domain and REA. Look specifically for one and two-bedroom properties to gauge realistic rental expectations. SQM Research provides suburb-level vacancy rate data, helping you understand local rental market tightness.
The Building Process: From Approval to Rental Income
Understanding the timeline for your granny flat investment helps you plan cash flow and set realistic expectations for when rental income begins.
Stage 1: Site Assessment and Design Selection (Week 1-2)
Your journey begins with a comprehensive site assessment. Innovista Group evaluates your property, discusses your investment goals, and recommends the optimal granny flat configuration. You’ll select between the Affordable or Lana Series and choose between Signature and Luxe specifications.
Stage 2: Planning and Approvals (Week 3-10)
Innovista Group handles the entire council approval process, including all required reports (7 Star Energy, drainage, structural, and soil reports). Our comprehensive inclusions cover all building permits and compliance costs. While approval timeframes vary by council, most Melbourne municipalities process granny flat applications within 6-8 weeks.
Stage 3: Pre-Construction Preparation (Week 11-14)
Site works begin, including foundation preparation, service connections, and any required electrical or plumbing infrastructure. This stage runs concurrently with your granny flat’s construction in our facility.
Stage 4: Construction (Week 12-20)
Your granny flat is built using our advanced SIPs construction methodology, offering superior energy efficiency and structural integrity. Our 16-20 week build period means you’re generating rental income months sooner than traditional construction methods.
Stage 5: Installation and Final Inspections (Week 20-22)
Your completed granny flat is delivered and installed on prepared foundations. Final building inspections, occupancy certificates, and compliance documentation are completed.
Stage 6: Tenant Selection and Rental Commencement (Week 22-24)
With all approvals complete, your property is ready to market. Many investors engage Certainty Property or another property management company to handle tenant selection, lease agreements, and ongoing property management. First rental income typically begins 22-26 weeks from project commencement.
Managing Investment Risks: What Every Granny Flat Investor Should Know
Like any investment, granny flats carry risks that prudent investors should understand and plan for. However, compared to many alternative investments, these risks are manageable and can be substantially mitigated.
Vacancy Risk
Melbourne’s rental vacancy rates remain below 2% in most growth corridors, meaning quality properties rent quickly. The rental guarantee through Certainty Property provides additional protection, ensuring income continues even during vacancy periods. Strategic design choices—quality finishes, energy efficiency, good natural light—further reduce vacancy risk by making your property more desirable.
Tenant Risk
Professional property management companies conduct thorough tenant screening, including employment verification, rental history checks, and reference checks. Landlord insurance provides coverage for tenant damage beyond normal wear and tear. Victorian tenancy laws require security bonds (typically four weeks’ rent) that can be claimed for repairs if needed.
Maintenance and Repair Costs
Innovista Group’s 10-year structural warranty and 6-month maintenance guarantee provide peace of mind during the crucial early years. Modern construction methods and quality materials minimise maintenance requirements. Budget approximately 0.5-1% of the granny flat value annually for routine maintenance—far less than maintaining an entire investment property.
Interest Rate Risk
If you’ve borrowed to build your granny flat, rising interest rates increase costs. However, rental income provides a natural buffer, and mortgage interest remains tax-deductible. Fixed-rate loans can provide certainty if you’re concerned about rate movements.
Market Downturn Risk
Property markets are cyclical, but granny flats offer unique protection. You’re improving your principal residence, so short-term market fluctuations matter less unless you’re planning to sell soon. The rental income continues regardless of property values, providing cash flow even during downturns. Melbourne’s long-term property growth trend remains strong, particularly in areas with good infrastructure and employment.
Regulatory Changes
Victorian granny flat regulations have consistently become more favourable for investors, but future changes could occur. Building with full council approval and compliance (as Innovista Group ensures) protects you from retrospective regulatory issues. Properly approved granny flats are legitimate, legal dwellings with strong protection.
Exit Strategy Considerations
When selling your property, the granny flat significantly increases your potential buyer pool. You’re now attractive to investors, multi-generational families, and buyers seeking additional income. While you’ll pay proportional CGT on the granny flat component, the substantial capital gain typically far exceeds this tax cost.
Frequently Asked Questions About Granny Flat Investment
Do I need council approval for a granny flat intended for rental?
No. The local council has no bearing on what your intended use for the Granny Flat will be. However, any granny flat (Small Second Dwelling) you intend to lease must be “council-approved”, or must have a building permit issued to be legally rented and properly insured. Victorian regulations vary by council, but approval is mandatory. Innovista Group handles the entire approval process, whether it is via the Local council or Building Permit only pathway, ensuring your investment is fully compliant from day one.
Will building a granny flat affect my Capital Gains Tax when I sell?
Likely. When you eventually sell your property, a portion of the capital gain will be subject to Capital Gains Tax (CGT) because part of your property was used to produce income. The calculation is proportional and can be complex, making it crucial to consult with your accountant from the beginning of your investment journey.
What if my tenant damages the property?
Standard landlord insurance covers tenant damage beyond normal wear and tear. Additionally, Victorian tenancy laws allow you to claim against the rental bond for repairs. Engaging a professional property management company helps minimise damage risks through thorough tenant screening and regular property inspections.
How do I find quality tenants for my granny flat?
Professional property management companies (like Certainty Property or other Melbourne agencies) handle tenant advertising, screening, lease agreements, rent collection, and maintenance coordination for a percentage of rental income. Their expertise in tenant selection significantly reduces risk and hassle.
What ongoing maintenance should I budget for?
Well-constructed granny flats require minimal maintenance, but you should budget approximately 0.5-1% of the property value annually for routine maintenance and repairs. Innovista Group’s 10-year structural warranty and 6-month maintenance guarantee provide peace of mind during the crucial early years.
Start Your Granny Flat Investment Journey with Innovista Group
A professionally built granny flat is one of the most accessible, high-yielding investment strategies available to Melbourne property owners. You get strong rental yields (10-14%), substantial capital growth, significant tax benefits, and rental guarantee security. This combination outperforms traditional property investments and many alternative asset classes.
Innovista Group takes a comprehensive approach. We use premium SIPs construction and include industry-leading features. We handle complete approval management and provide warranty protection. This removes the typical risks and uncertainties that concern property investors. Our fixed-price contracts give you complete cost certainty. Our proven designs maximise rental appeal. And our 16-20 week build period means you’re generating income months sooner than traditional construction methods.
The Melbourne rental market shows ongoing demand. Your property’s existing equity creates the perfect opportunity to build wealth through secondary dwelling investment. Whether you choose our Affordable Series starting from $190,000 or our premium Lana Series, you’re not just adding a structure to your property. You’re creating a financial asset that can deliver returns year after year.
Take the Next Step: Free Investment Consultation
Innovista Group offers complimentary investment consultations for Melbourne property owners considering granny flat investments. During your consultation, we’ll:
- Assess your property’s granny flat potential and optimal positioning
- Calculate your specific ROI projections based on your suburb’s rental data
- Explain the rental guarantee program and how it protects your investment
- Provide detailed costings (including metering, fencing, and car parking requirements)
- Outline the complete timeline from approval to rental income
- Discuss design options that maximise rental returns for your target market
Contact Innovista Group Today
Phone: 0491 176 012
Email: enquiries@innovistagroup.com.au
Website: https://innovistagroup.com.au/
Office: 530 Collins Street, Melbourne VIC 3000
Ready to Calculate Your Returns?
The Melbourne property market moves fast. Rental vacancy rates are at historic lows and demand continues to strengthen. Now is an ideal time to unlock the investment potential in your backyard. Contact Innovista Group today to begin your granny flat investment journey.
Disclaimer: This article provides general information only and does not constitute financial, legal, or taxation advice. Property investment carries risks. Past performance does not guarantee future results. Rental yields and capital growth vary by location and market conditions. Always consult qualified professionals (accountants, financial advisers, and property lawyers) before making investment decisions. Tax laws change regularly, so consult a registered tax agent for current information specific to your circumstances. The case study provided is illustrative and based on typical market conditions. Individual results will vary based on location, property condition, market timing, and other factors.
