** For TUD+ Professional Members this recording is free to access by visiting this link whilst being logged in to your account.
__________________
Recorded: 14 December 2023
Overview
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.
Speakers
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.
ABOUT DR. BENJAMIN COOREY
Dr. Benjamin Coorey is a global leading expert in architecture and generative design. Dr. Coorey completed 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.
ABOUT ANDREA PAGLIARO
Andrea has over 15 years planning experience working in private consultancy and local government. Andrea 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.
ABOUT WALLY GEBRAEL
Wally, the founder of Granny Flat Solutions and New South Homes, boasts over 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 over 200 projects annually and establishing his brands as industry leaders.
