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Property investors have seen a 0.89% 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 $735,000
Profits averaged 2.7% 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 $610 based on current median home prices for the suburb.
The gross rental yield in FRANKLIN, 2913 is 4.32%.
An average of 5.33 real estate transactions take place per month in FRANKLIN which translates to 64 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $735,000 | $364,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.89% | -1.62% |
| Median 12 month | 8.05% | -4.21% |
| Median 3 years | 8.09% | 3.15% |
| Median 5 years | 28.95% | 4% |
| 10 years average annual | 8.45% | 0.77% |
| Weekly media advert. rent | $610 | $450 |
| Time on Market | 74.0 days | 103.6 days |
| Gross Rental Yield Percent | 4.32% | 6.43% |
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