Property investors have seen a -1.36% 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 $690,000
Profits averaged 8.87% 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 $495 based on current median home prices for the suburb.
The gross rental yield in FRANKLIN, 2913 is 3.73%.
An average of 4.42 real estate transactions take place per month in FRANKLIN which translates to 53 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.76%||-5.89%|
|Median 3 years||26.61%||0.55%|
|Median 5 years||30.19%||0.55%|
|10 years average annual||5.79%||1.24%|
|Weekly media advert. rent||$495||$390|
|Time on Market||38.8 days||59.8 days|
|Gross Rental Yield Percent||3.73%||5.53%|