ACT/
Franklin

Suburb Profile

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

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unit

Property investors have seen a -0.64% 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 $751,000

Profits averaged 9.83% 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 $560 based on current median home prices for the suburb.

The gross rental yield in FRANKLIN, 2913 is 3.88%.

An average of 4.08 real estate transactions take place per month in FRANKLIN which translates to 49 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $751,000 $362,500
GROWTH REPORT
Median Quarterly -0.64% -2.01%
Median 12 month 8.84% -2%
Median 3 years 29.48% -0.66%
Median 5 years 29.48% 12.58%
10 years average annual 6.72% 1.34%
Weekly media advert. rent $560 $397.5
Time on Market 42.5 days 74.9 days
Gross Rental Yield Percent 3.88% 5.7%
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Franklin, ACT
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