Granny Flats on the Rise in South Australia as Housing Crisis spurs Demand

South Australians Seek New Housing Solutions

South Australia’s housing challenges are reshaping homebuyer priorities, with granny flats emerging as a sought-after feature for property seekers. More buyers are considering intergenerational living arrangements, driving a sharp rise in demand for secondary dwellings.

Shifting Housing Preferences in 2024

However, the most significant surge in interest over the past year has been in searches related to granny flats, which have increased by an astounding 114% compared to 2023. Experts attribute this shift to updated state government planning regulations that now allow ancillary dwellings to be leased or rented out, providing new opportunities for homeowners and tenants alike.

Financial Flexibility in a Challenging Market

PropTrack senior economist Eleanor Creagh notes that rising mortgage rates and cost-of-living pressures have played a key role in this growing trend. “It’s no surprise that we have seen this increase at a time when mortgage rates remain high and household budgets are stretched,” Ms. Creagh said.

CONCLUSION: A New Era of Housing Choices

As South Australians navigate an evolving real estate landscape, granny flats offer a practical solution for affordability and flexible living arrangements. With demand continuing to rise, these secondary dwellings could become a staple of the modern Australian home.

This article is based on reporting by News Corp Australia and The Advertiser South Australia.