Victorians increasingly seeking homes with a “secondary living space”

Already using Social Media? Follow WendyChamberlain.com.au for the latest about tips and tricks when it comes to buying a home and hiring a buyers advocate. Since the onset of lockdowns across Victoria almost 18 months ago, there’s been a surge in demand for secondary living space, particularly within Melbourne’s housing market. Christina Karras from Herald Sun has highlighted “a massive 450 per cent spike in shed sales across Australia in the past 12 months, and a 50 per cent increase in Melbourne during the latest snap lockdown alone”. On top of demand for sheds among owner occupiers, many buyers are prioritising homes that include sheds or garages that can be converted into secondary living areas.

It’s well understood within the real estate sector that the addition of a shed has the potential to add value to a property.  In this 2014 article, Jacqui Thompson from Domain shares some insights into why the installing a shed can be a great idea for property owners. Property owners should always be mindful of the fact that some work requires a building contract (and potentially insurance for any contractors). Further information can be found on the What Work Requires a Building Contract? page of the Consumer Affairs Victoria website as well as the Planning and Building Permits page of the Victorian Building Authority. It’s also a good idea to contact your local council about whether you require approval for work on your property. Looking to buy in Melbourne and sick of missing out at auction? Talk to me about how I can help you buy your new home faster, for less. Give me a call on 03 9686 2288 to discuss how I can help. I offer a free consultation, so why not call today?

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By Wendy Chamberlain Copyright 2021 | All Rights Reserved WANT TO USE THIS ARTICLE? You can as long as you include the following (links must be active): With a passion for all things real estate spanning 20 years, Wendy loves that her role as a Buyers and Sellers Advocate gives her buying and selling clients an experienced voice they can trust when it comes to negotiating to buy or sell something as important as their home or investment. Wendy considers it a privilege to be asked to help others realise such an important goal as home ownership and to be trusted with that honour. Get in touch today via www.chamberlainadvocates.com.au for a no obligation chat about how Wendy can work with you and help you save time and money to secure your new home sooner.