Online shopping surge breathes new life into mundane commercial property
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
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 5.56% growth over a ten-year period. It ranks 1225th 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 0.11% for the past year, which is lower than average compared to its 43.41% growth within a five-year period.
With the median home price in FRANKLIN sitting at $462,500, and the average rent at $390, property owners could potentially earn a 4.38% 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.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $462,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 0.11% | N/A |
| Median 3 years | 26.71% | N/A |
| Median 5 years | 43.41% | N/A |
| 10 years average annual | 5.56% | N/A |
| Weekly media advert. rent | $390 | N/A |
| Time on Market | 46.7 days | N/A |
| Gross Rental Yield Percent | 4.38% | N/A |
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