What is a house behind house development?
A house behind house development is sometimes also referred to as a Rear Strata Development, Rear Strata Block or a Battle-axe Development. Smaller house behind house dwellings may be considered granny flats or secondary dwellings.
What is a house behind house development?
A house behind house development is sometimes also referred to as a Rear Strata Development, Rear Strata Block or a Battle-axe Development. Smaller house behind house dwellings may be considered granny flats or secondary dwellings.
Benefits of a house behind house development
Owning the land where the new property will be built upon poses less of an investment risk than buying and building on a new property. You can use your property to build a house that you can rent or sell to have some passive income coming in while you continue to work. Plus, you’ll enjoy the peace of mind of being able to oversee the construction from the comfort of your home.
Subdividing your block and building a new home is a generally more streamlined process for sourcing finances and going through council approvals. It is also a great way to enter the world of property development.