Granny flat interest
A granny flat interest is an agreement for accommodation for life. It can affect your eligibility or rate of payment and we may include it in your assets test.
- Housing
- Most useful information
Real estate details form (MOD R)
Use this form to let us know your share of a property's asset value and income.
- Asset types
- Gifting
When gifting exceptions apply
We have some exceptions to how we assess gifting.
- Asset types
- Gifting
What gifts we include in income and assets tests
We may include your gift if you give away, sell or transfer it for less than its market value.
- Prepare to transfer to Age Pension
- Transfer to Age Pension
How to transfer to Age Pension online
Complete the following steps to transfer to Age Pension. Before you start, check if you can get it.
- Granny flat interest
- How we assess granny flat interests
Examples of granny flat interests
We’ve put together some common examples to help you understand how we assess granny flats. These examples don't cover every situation.
Gifting
If you give away your income or assets, they may still count towards your income and assets tests. This also applies if you sell them for less than they’re worth.
Weekly payment option
Some people can get income support payments paid each week instead of each fortnight.
Residence descriptions
You usually need to be an Australian resident or hold a specific visa type to get a Centrelink payment or concession card.
- Recently unemployed
- Most useful information
Employment Separation Certificate form (SU001)
You can ask your previous employer to use this form to certify important employment information about you.