Powered by MOMENTUM MEDIA
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

Building in construction

‘Stable’ population growth to bolster building activity

Consistent population growth is set to support building activity going forward, according to an industry economist. ...

Sophie Chick

Where the most new homes are being built

New research has provided insights into where the highest number of homes are being built and whether construction is rising or falling. ...

Lender launches 95% LVR loan for FHBs

Better Choice Home Loans has launched a new 95 per cent LVR home loan product, which aims to help more first home buyers enter the property ...

RBA

Investor lull could ‘sow seeds’ of housing ‘upswing’

The Reserve Bank has touted the possibility of an investor-driven resurgence in the residential property market. ...

Queensland

Queensland dominates top 100 performing suburbs report

CoreLogic’s Top Rental Performers Report has reported 42 out of 100 of the top-rated suburbs in all of Australia are located in Queensland...

Property market update: Perth, August 2019

Experts say that Perth, along with Brisbane and Adelaide, is just at the right stage of the property cycle, having achieved a balance betwee...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.