Granny Flats Newcastle
Acrow Investments are a family-run business, who are experts in building high quality granny flats in the regional capital of Newcastle. Just 160km north of Sydney on a fast and flowing freeway and with a population of approximately 500,000, Newcastle is Australia’s 7th largest city and boasts a regional economy worth $16.985 billion per year.
We offer a large range of great looking granny flat designs and floor plans. Custom designs to suit your specific needs are our specialty, and they all come with amazing inclusions. We also offer a price beat guarantee and unrivalled support for property investors in the Newcastle region.
Turnkey Construction • Fixed Price • Fast & Exceptional Quality
Smart Investors Choose Acrow
Grannies Starting From $99,000 (EX. GST)
Expected Approval Duration
Expected Build Duration
Average Rental Return*
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Over 15 different granny flat designs
Customized Designs To Fit Your Needs
Completely obligation free
300+ Happy Customers
Acrow Investments has been serving the region around Newcastle for nearly 20 years. We are specialists in the design, approval and construction of custom homes and stunning granny flats. But don’t just take our word for it, read it from our happy customers!
Quality Standard Inclusions
Our standard inclusions cover all internal areas and typical external areas including: framework, wall cladding, painting, roofing, rainwater control, windows, doors, insulation, linings, architraves and flooring.
Contact us today to discuss your ideal inclusions and to request your free quote.
Large Range of Designs & Floor Plans
One Bedroom Designs
Two Bedroom Designs
Designs With Garage
Two Storey Designs
Why invest in Newcastle?
According to the QBE Australian Housing Outlook 2018-2021, property prices have grown 7.6% per annum on average over the past five years. Rental properties in particular are booming, with Newcastle giving some of the country’s biggest returns on investment last year.
As professionals continue to migrate from Sydney, enticed by the natural beauty and relaxed lifestyle, they have powered a 27% increase in approvals of new dwellings from 2017-18. The The City of Newcastle LGA (pop. 155,000 and not to be confused with the larger Newcastle area) also offers many employment opportunities – approximately 73,029 people work there, and unemployment has been continually falling over the past several years.
Completed granny flat projects in Newcastle
Modern 2 bedroom granny flat in Georgetown, Newcastle
Investment granny flat in Wallsend, Newcastle
This client already had an investment property in Wallsend, Newcastle and decided to increase their property’s income stream by building a granny flat behind the existing home, doubling their investment yield without needing to purchase another property.
The addition of a modern and fully rental-ready two-bedroom granny flat boosted rental earnings potential leading to stronger investment outlook.
Have a question?
We have been leading the local building industry for many years and our experts get asked questions every day. See below some of our most frequently asked questions. Have some more questions? Feel free to get in touch with one of our experts today!
What is Acrow Investments’ experience in building granny flats in Newcastle?
How much does it cost to build a granny flat in the Newcastle area?
What is the average rental return of a granny flat in Newcastle?
Do I need planning permission to build a granny flat in the Newcastle area?
WHAT IS ACROW INVESTMENTS’ EXPERIENCE IN BUILDING GRANNY FLATS IN NEWCASTLE?
For almost 20 years, Acrow Investments have been building granny flats in the Newcastle region. You’ll find our granny flats right throughout the metropolitan area and surrounding suburbs, including the localities of Cessnock, Maitland and Port Stephens. As trusted local builders, we understand all the requirements set by the local councils for granny flats and home projects. We use this experience and expertise to provide you with a free site inspection and no-obligation quote.
HOW MUCH DOES IT COST TO BUILD A GRANNY FLAT IN THE NEWCASTLE AREA?
Building our standard two-bedroom granny flat with premium-quality inclusions in the Newcastle area starts from $99,000 (ex. GST). However, additional costs – such as council approval fees, land preparation and external works – will vary depending on your suburb, size of block and site conditions. We’re happy to arrange your free site inspection and no-obligation quote.
WHAT IS THE AVERAGE RENTAL RETURN OF A GRANNY FLAT IN NEWCASTLE?
With an average weekly rent of $400 to $500, adding a granny flat to your Newcastle property is an excellent investment. If you plan to arrange finance, a standard interest-only mortgage repayment will return a gross profit that averages around $250 to $300 per week. To equip you for your finance application, we’ll inspect your site, provide an obligation-free quote and prepare a rental return report – all at no cost to you.
DO I NEED PLANNING PERMISSION TO BUILD A GRANNY FLAT IN THE NEWCASTLE AREA?
No. As covered under the State Environmental Planning Policy (SEPP), building a granny flat in the Newcastle area doesn’t require council approval or planning permission. However, there are general NSW zoning rules and articles of state legislation governing the front and rear setback requirements that your new granny flat build must satisfy. As trusted local builders with almost 20 years experience in the Newcastle area, we are across all the rules. Give us a call to discuss your project.
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