Powered by MOMENTUM MEDIA
smart property investment logo
Franklin
AREA REPORTS

Franklin

Franklin - SUBURB PROFILE REPORT
POSTAL CODE: ACT, 2913

house
unit

Property investors have seen a 2.27% 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 $900,000

Profits averaged 10.56% 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 $710 based on current median home prices for the suburb.

The gross rental yield in FRANKLIN, 2913 is 4.1%.

An average of 5.58 real estate transactions take place per month in FRANKLIN which translates to 67 per annum.

Data report can be found below

Franklin
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $900,000 $435,500
GROWTH REPORT
Median Quarterly 2.27% 1.28%
Median 12 month 9.76% 10.25%
Median 3 years 31.68% 14.61%
Median 5 years 29.5% 22.68%
10 years average annual 5.2% 2.18%
Weekly media advert. rent $710 $470
Time on Market 47.3 days 37.6 days
Gross Rental Yield Percent 4.1% 5.61%
demographics (median values)*
Total Population
35053
Weekly Household Income
2149
Household Size
2.80
Age
32
Monthly Loan Repayment
2037
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.