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Franklin

POSTAL CODE: TAS, 7113
HOUSE

Based on its average 5-year and quarterly capital gains FRANKLIN, 7113 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that FRANKLIN, 7113 obtained a 8.81% growth over a ten-year period. It ranks 626th on our list of suburbs that property investors should look into.

FRANKLIN, 7113 in TAS belongs to the local government area of Huon Valley.

FRANKLIN, 7113 has a capital gain of -3.83% for the past year, which is lower than average compared to its 31.19% growth within a five-year period.

With the median home price in FRANKLIN sitting at $715,000, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in FRANKLIN are low, as opposed to average gains per annum over the past five years.

Surburb overview

Franklin, with the postcode 7113, is a charming town located approximately 45 kilometres south of Hobart in Tasmania. Nestled along the banks of the Huon River, Franklin is known for its picturesque scenery, rich history, and vibrant community spirit. The population of Franklin is around 1,000 residents, consisting mainly of families, professionals, and retirees who appreciate the town's serene environment and close-knit community.

Franklin falls under the jurisdiction of the Huon Valley Council, which ensures well-maintained infrastructure and community services. Public transportation options include bus services connecting Franklin to Hobart and surrounding areas. The town is also easily accessible by car via the Huon Highway, facilitating convenient travel to Hobart and other nearby towns.

Educational facilities in Franklin include Franklin Primary School, which serves the local community and provides a strong educational foundation for young children. For secondary education, students typically attend nearby schools in Huonville, such as Huonville High School. Further educational opportunities are available in Hobart, including the University of Tasmania.

For shopping and essential services, Franklin offers a range of local shops, cafes, and dining options. The nearby town of Huonville provides additional shopping facilities, including larger supermarkets, retail stores, and essential services, ensuring residents have convenient access to everyday needs. For more extensive shopping and services, residents often travel to Hobart.

The town's location along the Huon River provides excellent opportunities for water-based activities such as boating, kayaking, and fishing. The Franklin Marina is a focal point for the local boating community and offers facilities for various water sports.

Outdoor enthusiasts can enjoy numerous walking and hiking trails in the area, including those in the nearby Mount Misery and surrounding forests. The scenic landscapes and diverse flora and fauna make Franklin an ideal destination for nature lovers and outdoor activities.

The town is home to the Wooden Boat Centre, which showcases traditional boat-building techniques and offers courses and tours, celebrating Franklin's maritime heritage. The Palais Theatre is another significant cultural landmark, hosting various community events, performances, and film screenings.

The annual Franklin Apple Festival celebrates the region's agricultural heritage and attracts visitors from across the area. Local markets, sports events, and cultural activities provide opportunities for residents to come together and enjoy the vibrant community spirit.

Residents of Franklin benefit from its tranquil rural lifestyle while having access to the amenities and attractions of Hobart. The town's natural beauty, recreational opportunities, and rich history make it a unique and appealing place to live for those who value a close-knit community and a serene environment.

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