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 Price | $690,000 | $367,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.36% | 0% |
| 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% |
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