ACT/
Franklin

Suburb Profile

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

house
unit

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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