Add a tiny home to your site for less cost than a granny flat or any other form of secondary dwelling and earn up to 3-4x the revenue leasing out that tiny home than you’d make by leasing out the site alone. You could be earning $20,800-$31,200 per year per tiny in fixed, passive income. Â
Photo by: Salty Builds
The average cost of a new tiny home built in Australia currently is between $80,000-$120,000 inclusive of delivery and installation. Additional costs involved if applicable are connection to mains water/ sewer and administrative fees from council for their approval.Â
Rental value of a tiny home varies depending on its size, condition, amenities and location. On average a tiny home will rent for $400-$600 per week in line with that of a studio/ 1-bed unit. That is an opportunity to make passive income of $20,800-$31,200 per year per tiny. Â
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