Three things you should know about multi-generational living

multi-generational living

Three things you should know about multi-generational living

Granny flats and multi-generational housing have garnered a lot of media attention lately as possible remedies for rising housing costs. Yet there are three important things you should know before you dive in:

  1. What are the costs and will it increase my home’s value?
    1. New building
    2. Modular building
    3. Other costs
    4. Capital gain exemptions
  2. Is your property suitable?
    1. Local council requirements
    2. Space
    3. Privacy
  3. Protecting yourself and your relationships

Click here to read more about the three things mentioned above and how they may relate to your current or future situation.

While multi-generational living can bring personal and financial benefits, careful consideration and planning is required. If you’d like to learn more about how multi-generational living could fit into your financial plan, speak to us. We can provide assistance, taking into account your overall financial goals.

Until next time, 

Regards Rodney. 


Rodney Johnstone CFP BBus, DipFP, GradDipAppFin 

Authorised Representative of Count Financial Limited

Financial Adviser,  FPW Financial Advice Pty Ltd 

General Advice Disclaimer


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