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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 0.89% 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 $735,000

Profits averaged 2.7% 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 $610 based on current median home prices for the suburb.

The gross rental yield in FRANKLIN, 2913 is 4.32%.

An average of 5.33 real estate transactions take place per month in FRANKLIN which translates to 64 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $735,000 $364,000
GROWTH REPORT
Median Quarterly 0.89% -1.62%
Median 12 month 8.05% -4.21%
Median 3 years 8.09% 3.15%
Median 5 years 28.95% 4%
10 years average annual 8.45% 0.77%
Weekly media advert. rent $610 $450
Time on Market 74.0 days 103.6 days
Gross Rental Yield Percent 4.32% 6.43%
demographics (median values)
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