Suburb Profile
Franklin - FREE SUBURB PROFILE REPORT POSTAL CODE: ACT,2913
Property investors have seen a -0.64% 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 $751,000
Profits averaged 9.83% 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 3.88%.
An average of 4.08 real estate transactions take place per month in FRANKLIN which translates to 49 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $751,000 | $362,500 |
| GROWTH REPORT | ||
| Median Quarterly | -0.64% | -2.01% |
| Median 12 month | 8.84% | -2% |
| Median 3 years | 29.48% | -0.66% |
| Median 5 years | 29.48% | 12.58% |
| 10 years average annual | 6.72% | 1.34% |
| Weekly media advert. rent | $560 | $397.5 |
| Time on Market | 42.5 days | 74.9 days |
| Gross Rental Yield Percent | 3.88% | 5.7% |
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