AREA REPORTS

Franklin

ACT/
Franklin

Suburb Profile

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

house
unit

Property investors have seen a -5.13% 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 $730,500

Profits averaged 8.29% 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 3.99%.

An average of 4 real estate transactions take place per month in FRANKLIN which translates to 48 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $730,500 $374,000
GROWTH REPORT
Median Quarterly -5.13% 1.36%
Median 12 month 2.89% 1.36%
Median 3 years 24.87% 0.48%
Median 5 years 27.93% 10.03%
10 years average annual 4.92% 1.18%
Weekly media advert. rent $560 $397.5
Time on Market 38.2 days 82.2 days
Gross Rental Yield Percent 3.99% 5.53%
demographics (median values)
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