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Fonzie Flats: The Next Big Thing in Urban Living

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Fonzie Flat: Sydney’s Next Big Thing in Urban Living

Text: With the idea of the housing market becoming unattainable for some, more Australians are seeking an alternative minimalist living space. The Fonzie Flat has become a trending term, drawn from the Happy Days character Arthur Fonzarelli, who lived above the garage. The term refers to an independent living area within an existing home. In many cases, this could be the conversion of a garage or the development of a granny flat to provide an accommodation option for adult children or visitors. As more people look to save money and stay close to home, designer living spaces and Fonzie Flats may be a profitable choice for contemporary homes.

Why Build a Fonzie Flat?

Whether you are considering building a granny flat on your property or converting the garage into a liveable space, the idea of a Fonzie Flat can be beneficial in accommodating family members or guests in a minimalist living space. Adult children that come to visit or elderly relatives seeking independent living while maintaining proximity to the main residence can make the most of this situation. For a modern and low-maintenance lifestyle, the Fonzie Flat offers affordable living in a great location and provides a solution to the hassle of moving out of home into urban areas. Building a Fonzie Flat gives people the opportunity to live in more locations at an affordable price and allows owners to generate an income from this additional residence.  

Living at Home Longer

The trend of young Australians living with their parents is increasing, as housing affordability becomes a concern for many. At home, living expenses are low and whether you are studying, saving for a deposit or can’t afford to move out in general. Many young Australians are opting for the comfort of home over entering the market. When it comes to accommodating younger family members, a separate residence on the same property can give everyone the space and privacy that is often craved. If you are looking for a way to keep everyone closer while prioritising independence in the family, a separate residence in the form of a Fonzie Flat might be the best option for you.

Investment Opportunity

By building a granny flat or converting your garage into a Fonzie Flat, you could generate rental income from tenants. This is an ideal situation for people looking for a more affordable housing option and you can benefit from a consistent monthly income. You can easily maintain and monitor the living space and utilise the rental income to pay off your mortgage sooner. When it comes to building a Fonzie Flat on your property, Provincial Homes can help you to achieve that. We’ve worked with numerous clients to build designer living spaces in contemporary homes and will support you to do the same.

To get on board with the Fonzie Flat trend, get in touch with Provincial Homes to start your build. Call us on 02 9629 5200 or contact us online to request a quote.