Franklin ACT 2913

Here you can find what you need to know about Franklin, ACT, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$675k Median Sale Price (National Average $485k) 53rd In ACT
-5.33% Median Price Change (1 yr) (National Average 4.30%) 95th In ACT
$595pw Median Rent (National Average $395) 36th In ACT
4.6% Median Gross Yield (National Average 4.24%) 28th In ACT
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Properties sold 67
Average discounting -1.39%
Average Days on Market 60
Stock on Market 19 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Franklin, ACT National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Franklin, ACT National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Franklin, ACT National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Franklin


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Latest Auction Results for Franklin as at 17 March 2019

Property Details
Sale Price
3Bed / 1Bath / Car / House
-
4Bed / 2Bath / 2Car / House
Passed In
4Bed / 2Bath / Car / House
Passed In
4Bed / 2Bath / Car / House
Passed In

State Auction Clearance Rates - March 2019

Auctions Clearance rate
ACT 75 55%
NSW 634 63%
NT 9 12%
QLD 104 43%
SA 105 55%
TAS 6 0%
VIC 943 54%
WA 27 45%

Local Schools


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Suburb Information

Franklin, ACT 2913

Part of: Gungahlin Council No data available

The size of Franklin is approximately 2.3 square kilometres. It has 3 parks covering nearly 11.4% of total area. The population of Franklin in 2011 was 3,807 people. By 2016 the population was 6,421 showing a population growth of 68.7% in the area during that time. The predominant age group in Franklin is 30-39 years. Households in Franklin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Franklin work in a professional occupation. In 2011, 69.5% of the homes in Franklin were owner-occupied compared with 55.5% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Franklin

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Franklin   for Houses in last 12 months


There have been 72 Houses sold in Franklin in the past 12 months with a median sale price of $680K, up -4.19% annually. It takes on average 47 days to sell with vendor discounting of -2.56%.

Streets in Franklin


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Palmerston ACT, 2913 5.97% $647,500 $530pw 4.3% View Suburb Profile
Lurnea NSW, 2170 -3% $695,000 $450pw 3.4% View Suburb Profile
Crace ACT, 2911 -2.56% $760,000 $600pw 4.1% View Suburb Profile