Turn your backyard into a rental income asset
Install a proven modular home designed for rental demand. Model income, costs, and IRR before you decide.
See a completed modular home below ↓
A completed modular home installed on an existing residential property.
This is not a concept image.
Why this works in Melbourne
Strong rental demand
Melbourne's population growth and housing shortage create consistent tenant demand
Supportive planning framework
Secondary dwellings are increasingly permitted across Melbourne suburbs
Income-focused returns
Generate rental income without selling your primary residence
The model in one sentence
Build a secondary dwelling, rent it, and evaluate the investment using conservative assumptions.
Income-first thinking
This is not a short-term flip. The model assumes long-term rental use and evaluates payback based on net operating income.
Transparent assumptions
The calculator uses realistic inputs: rent, vacancy, operating costs, loan terms. You adjust them. No hidden optimism.
Site-specific feasibility
Not all backyards work. We check site dimensions, zoning, setbacks, and utility access before proceeding.
No guaranteed returns
Investment outcomes vary. Rent can change, vacancies happen, and costs can differ. We model scenarios; you decide.
This approach is designed for rational decision-making. If the numbers don't work, we'll tell you.
What you're actually buying
Space Modular Brighton — designed for rental demand
This is the exact modular home used as the basis for the investment estimates above.
Completed modular home — Brighton model
Watch a completed Brighton modular home used for long-term rental (approx. 2 minutes)
2-bedroom layout suited to long-term rentals
Full kitchen and bathroom (livable standard)
Efficient footprint for typical backyard sizing
Offsite build, onsite installation
Independent dwelling feel for tenants
Designed as an asset, not a temporary cabin
Indicative Budget
(installation + utility connections included; indicative)
Site conditions, approvals, and scope may vary.
Instant Investment Estimate
Adjust the inputs below to model your investment scenario
Your Assumptions
Fixed Assumptions
All-in budget includes installation and utility connections; indicative only
See your investment results
Enter your details to unlock your personalized investment estimate
How the process works
A clear, step-by-step pathway from feasibility to rental income.
Site & feasibility check
We assess your backyard dimensions, zoning, setbacks, and utility access to confirm suitability.
Concept and layout planning
Work with you to finalize the modular home design and site placement based on your goals.
Approvals and site preparation (as required)
Handle planning approvals and prepare the site for installation, including utility connections.
Build and installation
The modular home is built offsite, then delivered and installed on your property.
Rent and ongoing management
Once complete, the dwelling is ready for rental. Property management can be arranged if needed.
Timeline varies by site complexity and approval requirements. We keep you informed at each stage.
Why Japan Homes
We act as an investment-first integrator — not just a home seller.
No guaranteed returns
We present conservative assumptions and realistic scenarios
Feasibility and assumptions first
We evaluate site conditions and regulatory requirements upfront
Honest feedback if it doesn't make sense
We'll tell you if your site or situation isn't suitable
Risks & what to know
Transparent, calm, trust-building information about what can vary.
These risk factors are provided for transparency. Investment outcomes depend on individual circumstances, market conditions, and proper due diligence.