One bedroom granny flats are being rented out for up to $1400 a week, or a mind-blowing $72,800 a year, in some of Australia’s ritziest suburbs – a sign that the rental market is completely cooked.
The most expensive granny flat listing currently on the market is located in Sydney’s Vaucluse, where a “wonderful brand new granny flat” has been listed for an eyewatering $1400 a week.
Sure it has ocean views, direct access to Christison Park and comes fully-furnished but it is still a one bedroom granny flat!
Inside the Vaucluse…



