Surge in Southern Highlands secondary dwellings
The Southern Highlands housing market near Sydney is seeing a surge in studio and granny flat dwellings as buyers seek affordable options. Homeowners are opting for secondary dwellings to generate income or house relatives, making the premium tree-change market more accessible.
The Southern Highlands housing market, located just outside Sydney, is experiencing a surge in studio and granny flat dwellings. Median house prices in the region are over $1m, with Bowral at $1.51m and Mittagong at $1.12m. Agents report a growing number of properties with secondary dwellings, driven by declining housing affordability. Homeowners are using these spaces to generate secondary income or house relatives. The region's proximity to Sydney, with good transport options, makes it an attractive option for those relocating. The addition of secondary dwellings is making the area more affordable for buyers.
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