Granny Flat Rental Yield — 2026 Western Sydney
2-bed granny flat rental rates: Fairfield $400–$480/week, Liverpool $420–$500/week, Canterbury-Bankstown $400–$490/week, Cumberland $390–$470/week, Blacktown $380–$460/week.
New granny flats command $30–$60/week premium over older ones.
Yield Calculations
2-bed Fairfield (build $180,000): annual rent $20,800–$24,960 = yield 11.6–13.9% 2-bed Liverpool (build $195,000): annual rent $21,840–$26,000 = yield 11.2–13.3%
Compare to purchasing: 2-bed unit $420,000 at $380/week = 4.7% yield. The granny flat yield is 3–4× higher because you build at cost rather than buying at market value.
Maximising Yield
Build 2-bed (incremental yield 10–17%). Add air conditioning ($2,500–$4,000, payback 2–3 years). Separate meters so tenants pay utilities. Privacy fencing (+$15–$20/week). Quality finishes (+$20–$30/week). Covered alfresco (+$10–$15/week).
Contact Buildana for a free site assessment.
