Personalised Property Opportunity Report

We identified a potential granny flat opportunity on your property

31 Banksia Drive, Goodna QLD 4300

Opportunity score

88/100

Potential rent

$510/wk

See the opportunity

Where it could fit

Here is where a granny flat could potentially fit

Current aerial

Proposed overlay

Granny flat only

Secondary Dwelling / Granny Flat Estimates

These estimates relate to the proposed secondary dwelling only, not the existing main residence or total property value.

Estimated granny flat weekly rent

$490 - $530 per week

For proposed secondary dwelling only

Estimated granny flat annual rent

$26,520

Gross rental estimate for secondary dwelling only

Indicative granny flat build cost

$182k - $207k

Secondary dwelling build estimate only

Indicative granny flat gross yield

13.8%

Not a whole-property yield

Important: The rent, income, build cost and yield estimates shown above are for the proposed secondary dwelling / granny flat only. They do not include the existing home, existing property rental value, land value, capital growth, finance costs, tax, vacancy, property management fees, insurance, maintenance, council charges or final site-specific costs.

Income potential

Secondary Dwelling Income Potential

Projected Granny Flat Annual Rent

$26,520

Estimated gross rental income from the proposed secondary dwelling only

How Yield Is Calculated

Yield is calculated using the estimated annual granny flat rent divided by the indicative granny flat build cost. This is not a yield calculation for the entire property.

Checked: Secondary dwelling onlyChecked: Gross estimateChecked: Subject to due diligence

Why your property qualified

The preliminary scan found several encouraging indicators

Generous block

820m2 lot size

Good access

Excellent

Favourable zoning

Favourable residential zoning

Strong rental demand

Good

What it could look like

A premium two-bedroom secondary dwelling concept

2 bedrooms

Indicative concept only, subject to site inspection and approvals.

1 bathroom

Indicative concept only, subject to site inspection and approvals.

open plan living

Indicative concept only, subject to site inspection and approvals.

private entry

Indicative concept only, subject to site inspection and approvals.

separate laundry

Indicative concept only, subject to site inspection and approvals.

Your property blueprint

Preliminary site concept

Existing home, proposed granny flat, access path and remaining yard space

Common questions answered

Key things homeowners usually ask first

Will council allow it?

This report is an early opportunity screen, not a final approval. The next step is to check your property against local planning controls, overlays, setbacks, services, access, site coverage and building requirements. If the detailed site review confirms the proposal can meet the relevant rules, the project can move into design, approvals and pricing.

Can I rent it out?

In Queensland, secondary dwellings may be rented to people outside the main household, provided the dwelling is lawful and all relevant approvals, tenancy, safety and compliance requirements are met. The site review confirms what applies to your property before you make any investment decisions.

How long does it take?

A typical project moves through site review, concept design, approvals, final pricing, construction and handover. Timing depends on council requirements, site access, services, engineering, builder availability and how quickly decisions are made. Your next step is to confirm feasibility first, then receive a clearer project timeline.

Can family live there?

Secondary dwellings are commonly used for family accommodation, ageing parents, adult children, guests or flexible household needs. The important part is making sure the dwelling is properly approved, safe, compliant and suitable for the intended use.

How much side access do I need?

Side access is one of the biggest practical checks. A wider, clearer path usually makes construction easier, but tight sites can sometimes still work depending on the design, crane access, services, fences, trees and neighbouring constraints. The site review checks whether a builder can realistically access the proposed location.

Can I add a pool as well?

Some properties may have room for both a secondary dwelling and a pool, but this depends on available open space, setbacks, services, drainage, access and the final dwelling design. If your report shows pool potential, it means the property is worth reviewing further rather than a confirmed approval.

What happens next?

The next step is a detailed site review. This checks the property layout, planning rules, access, services and likely build position so you can understand whether a second dwelling is practical before moving into quotes, approvals or construction planning.

Future pool potential

Good news - based on the preliminary layout, there may still be room for a future pool.

Future pool overlay

$35k - $60k

Indicative pool cost range only. Pool placement, access, engineering and approvals need to be confirmed.

What we confirm during your site visit