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
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