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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 6.05% growth over a ten-year period. It ranks 1007th on our list of suburbs that property investors should look into.
FRANKLIN, 7113 in TAS belongs to the local government area of Huon Valley (M).
FRANKLIN, 7113 has a capital gain of 18.68% for the past year, which is higher than average compared to its 67.44% growth within a five-year period.
With the median home price in FRANKLIN sitting at $540,000, and the average rent at $395, property owners could potentially earn a 3.8% 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.
A 18.68% increase in median property prices in FRANKLIN, 7113 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 40th.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||18.68%||N/A|
|Median 3 years||47.95%||N/A|
|Median 5 years||67.44%||N/A|
|10 years average annual||6.05%||N/A|
|Weekly media advert. rent||$395||N/A|
|Time on Market||47.2 days||N/A|
|Gross Rental Yield Percent||3.8%||N/A|