BuildHome Victoria

THE NEW GEN Y HOME

Granny flats tend to come with the preconception that their occupants are elderly adults. However, with the current housing crisis and higher tertiary education fees, many young adults are now choosing the option of living in a compact home.

The Real Estate Institute of Victoria reports that the median house price hit $706,000 in 2015, so it’s no wonder the compact granny flat has become an economical option for young adults locked out

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