Suburb Profile

Suburb profile for,

Franklin, ACT 2913

About Franklin

Franklin is a residential suburb in Australian Capital Territory, sitting within the 2913 postcode.

Demographics and Community

Franklin has a population of approximately 6,421, a median age of 30, a median weekly household income of $2,130.

Property Market Overview

The current median house price in Franklin is $1,040,000. Average annual growth is 8.3%.

Properties in Franklin spend an average of 43 days on market.

Rental Market

The median weekly rent for houses in Franklin is $517. Gross rental yield is 3.80%, which is typical for a growth-oriented market.

Nearby Suburbs

Explore other suburb profiles in the area: Casey, ACT, Ngunnawal, ACT, Nicholls, ACT, Palmerston, ACT, Amaroo, ACT.

Considering Franklin for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Franklin or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Franklin, ACT 2913

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
ACT
Suburb
FRANKLIN
Postcode
2913
Median price for all dwellings
$1,040,000
Last 12 months growth return
Up 8.3%
Avg. dwellings for sale in the suburb every month
13
Avg. dwellings sold in the suburb in previous 12 months
48
Avg days on market for a dwelling listing to sell
43 days
Avg. number of people searching in this suburb every month
359
Avg. rental yield per annum
3.80%
Weekly median rent for all dwellings
$517 per week
Median price for all houses
$1,040,000
Avg. rental yield growth in the previous 12 months
3.80%
Avg. days for a rental listing to find a tennant
23 days
Total suburb population in 2016
6421
Total suburb population change in 5 years up to 2016
68.70%
Avg. household income per week
$2,130
Median age of the population in the suburb
30
Historic avg annual growth return per annum in the suburb
7.86%