New planning changes intended to address Australia’s housing shortage have opened up “micro-development” opportunities for private investors and property developers.
Recent analysis has identified more than 655,000 suitable sites for the construction of a granny flat across Australia’s three largest capital cities—Sydney, Melbourne and Brisbane.
So what are these opportunities and how can property developers tap into them?
Join us for a virtual course where we explore the market opportunity, planning framework, investment model and built outcomes associated with developing granny flats.
Click here to register and learn more.
PRESENTATION
MARKET OPPORTUNITY
Ben's presentation will explore the research underpinning their recent report Granny flats: Where are the greatest opportunities for development? which identified 655,000 suitable sites across Brisbane, Sydney and Melbourne.
Speaker: Dr Benjamin Coorey - Founder, Archistar.Ai
Dr Coorey is a global leading expert in architecture and generative design. He has a PhD in generative design and has dedicated his working career to consulting, educating and developing cutting edge technology to revolutionise the architectural design and property industries.
PRESENTATION
PLANNING FRAMEWORK
In this session, we'll explore the planning pathways for developing granny flats in Sydney, Melbourne and Brisbane. This includes application and approval processes, council contributions and costs and other certification requirements.
Speaker: Andrea Pagliaro - Director, Urbis
Andrea has more than 15 years planning experience working in private consultancy and local government. He is recognised for his expertise in statutory and strategic planning, and regularly handles complex planning approvals. He has also worked on the preparation of strategic planning applications and provides strategic policy advice. Andrea has worked on numerous residential development applications across inner and middle-ring suburbs in Melbourne.
PRESENTATION
INVESTMENT MODELS AND THE BUILT OUTCOME
Dive into the feasibility model for investing in granny flats, exploring direct costs, depreciation benefits and typical returns. Additionally, discover a range of design typologies, construction methods, program insights, pricing considerations and consumer preferences.
Speaker: Wally Gebrael - Design & Approvals Manager, Granny Flat Solutions
Wally, the founder of Granny Flat Solutions and New South Homes, has more than two decades in the industry. Pioneering custom-designed, high-quality granny flats across Sydney and the Central Coast, Wally leads a team with a remarkable track record, delivering more than 200 projects annually and establishing his brands as industry leaders.
The Urban Developer’s A Developer’s Guide to Granny Flats vCourse will take place on Thursday, December 14, 2023. Click here to register and learn more.
