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Franklin

Suburb Profile

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

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unit

Property investors have seen a 1.63% gain in FRANKLIN based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on FRANKLIN, 2913 can rest assured about this ACT suburb's performance. The suburb saw median home prices rise by 14.72%.

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 $777,500

Profits averaged 5.03% 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 $630 based on current median home prices for the suburb.

The gross rental yield in FRANKLIN, 2913 is 4.21%.

An average of 5.08 real estate transactions take place per month in FRANKLIN which translates to 61 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $777,500 $370,000
GROWTH REPORT
Median Quarterly 1.63% 0.54%
Median 12 month 14.72% -2.5%
Median 3 years 15.1% 4.23%
Median 5 years 34.05% 2.78%
10 years average annual 8.42% 1.43%
Weekly media advert. rent $630 $440
Time on Market 64.4 days 96.7 days
Gross Rental Yield Percent 4.21% 6.18%
demographics (median values)
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