Instead of buying another investment property, profit off the land you already own.
Backyard Capital WA helps Perth homeowners explore the potential of adding a secondary income in the form of a secondary dwelling on the land they already own — coordinating the journey from initial property assessment through to specialist delivery.
Increase your property value & receive a secondary rental income
Some Perth homeowners may be able to create an additional rental dwelling on their existing property — without buying another block of land. Not only does this provide you with an opportunity to acquire a secondary income but an additional dwelling will increase the value of the property you already own. No need to look further — it's already on your doorstep.
Check your property
Tell us a little about your property, available backyard space and what you're looking to achieve.
Explore the opportunity
Backyard Capital performs an initial assessment and helps identify suitable pathways and dwelling options.
Specialist assessment & delivery
Where the opportunity progresses, the appropriate dwelling or building provider confirms formal site feasibility, project requirements, pricing and delivery.
The regulations changed in the homeowner's favour
Here's the good news
Since April 2024, an R-Code-compliant ancillary dwelling can generally be built on a residential lot regardless of lot size, without development approval, provided it meets the applicable deemed-to-comply requirements and is no larger than 70m². A building permit and National Construction Code compliance are still required. The current 2026 R-Codes continue to provide for one ancillary dwelling up to 70m² for single houses/grouped dwellings.
Indicative income
Every property is different. We help you understand whether your space may have potential — and what that could look like. Illustrative example: 1-2 bed modular granny flats in Perth have recently been listed at roughly $500–$700 per week. Actual rental income varies depending on location, dwelling, market conditions and other factors. This is indicative only, not a guarantee.
Indicative payback and longer-term potential
Understanding the potential payback period and longer-term potential starts with knowing how your property measures up. Actual costs, rent, expenses and returns vary by property and market conditions.
Capitalise on the Perth rental market
The rental market in Perth in 2026 is at an all-time high. Depending on the suburb, standalone 1-bedroom granny flats earn between $500–$700 per week, and this figure will only increase with inflation.
Ready to find out what your backyard could be worth?
It starts with a simple, free property check. Tell us a little about your space and we'll help you understand whether an opportunity may exist. No obligation.