Property investors have seen a 3.62% 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 $730,500
Profits averaged 9.39% 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 $555 based on current median home prices for the suburb.
The gross rental yield in FRANKLIN, 2913 is 3.95%.
An average of 4.58 real estate transactions take place per month in FRANKLIN which translates to 55 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.33%||-0.54%|
|Median 3 years||28.16%||7.05%|
|Median 5 years||27.6%||13.1%|
|10 years average annual||6.33%||1.47%|
|Weekly media advert. rent||$555||$395|
|Time on Market||45.1 days||66.7 days|
|Gross Rental Yield Percent||3.95%||5.59%|