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FranklinFranklin - SUBURB PROFILE REPORT
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Property investors have seen a 2.94% gain in FRANKLIN based on an increase 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 $842,000
Profits averaged 6.06% 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 $650 based on current median home prices for the suburb.
The gross rental yield in FRANKLIN, 2913 is 4.01%.
An average of 5 real estate transactions take place per month in FRANKLIN which translates to 60 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $842,000 | $395,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.94% | 2.6% |
| Median 12 month | 8.79% | 4.94% |
| Median 3 years | 18.18% | 5.9% |
| Median 5 years | 30.75% | 8.25% |
| 10 years average annual | 4.39% | 2.18% |
| Weekly media advert. rent | $650 | $450 |
| Time on Market | 50.8 days | 60.8 days |
| Gross Rental Yield Percent | 4.01% | 5.92% |
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