AREA REPORTS

Franklin

 

 

ACT/
Franklin

Suburb Profile

Franklin - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2913

house
unit

Property investors have seen a -2.47% drop in FRANKLIN based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains FRANKLIN, 2913 saw average growth in the long term.

The ACT suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $680,250

Profits averaged 2.99% per annum over a 3-year period, due to an upward trend in home prices in FRANKLIN, 2913.

This means, real estate investors could earn a rental income of $592.5 based on current median home prices for the suburb.

The gross rental yield in FRANKLIN, 2913 is 4.53%.

An average of 6 real estate transactions take place per month in FRANKLIN which translates to 72 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $680,250 $380,000
GROWTH REPORT
Median Quarterly -2.47% 0%
Median 12 month -4.19% 2.7%
Median 3 years 8.97% 4.12%
Median 5 years 22.57% 3.4%
10 years average annual 13.22% 1.45%
Weekly media advert. rent $592.5 $420
Time on Market 46.8 days 68.1 days
Gross Rental Yield Percent 4.53% 5.75%
demographics (median values)
Total Population
n.a.
Weekly Household Income
n.a.
Household Size
0.00
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Gladys Berejiklian

What the NSW election result means for property investors

NSW Premier Gladys Berejiklian is set to remain in power for another term, so what does that mean for property investment in NSW?  ...

Suburbs

How the nation's capitals performed last week

Home values continued to ease across the majority of Australian capital cities last week, except for one which managed to hold steady. ...

Two Rock, WA

$100bn of investment set for seaside region

Updated figures from the WA state government has revealed that there are over $100 billion-worth of upcoming projects for the state, and one...

Cladding

Crucial cladding compliance deadline approaching

Property owners in Queensland have up until the end of the working week to make sure they comply with combustible cladding regulations. ...

Simon Pressley

The many positives of Australia’s property market

In this episode of the Smart Property Investment Show, host Phil Tarrant talks with Simon Pressley, head of research at Propertyology, about...

Bill Shorten

What Labor’s negative gearing and capital gains tax means for investors

Labor’s negative gearing and capital gains tax policy changes could have significant impacts for property investors, according to a tax e...