Suburb Profile Report for Franklin TAS (7113)

Franklin House: Median price $360,000, Annual capital growth 6.33%, Number of sales 23, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Franklin has had a A very good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 12.50% to date .

If we look at median property appreciation over just the last three months, Franklin has given property investors a paper return of 2.86%. This puts Suburb as 65 on a list of fastest fasting appreciating suburbs in TAS

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.15% offered to property buyers. Sellers in Franklin itself are offering an average vendor discount of -7.99% to real estate investors.

HOUSE UNIT
$360,000 N/A
2.86% N/A
12.50% N/A
6.33% N/A
N/A N/A
23 N/A
N/A N/A
115.27 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 1102
Median household income ($/weekly) 1007
Median age of persons 44
Median housing loan repayment ($/monthly) 1300
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 160 14.5
    35-44 years 164 14.9
    45-54 years 180 16.3
    55-64 years 169 15.3
    65-74 years 89 8.1
    Others 341 30.9
    Age Group
    Census Count Percent(%)
    Registered Married 341 47.3
    Not Married 271 37.6
    Defacto Relationship 109 15.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 897 84.4
    Greece 13 1.2
    Papua New Guinea 15 1.4
    United Kingdom 96 9.0
    Other 13 1.2
    Others 29 2.7
    Country of Birth
    Census Count Percent(%)
    Christianity 595 61.0
    No Religion 366 37.5
    Other Religious Groups 9 0.9
    Buddhism 6 0.6
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 57 16.9
    $600-$799 30 8.9
    $1,000-$1,249 37 11.0
    $1,250-$1,499 30 8.9
    $1,500-$1,999 52 15.4
    Others 131 38.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 389 45.0
    Employed, worked full-time 246 28.5
    Employed, worked part-time 173 20.0
    Unemployed, looking for work 34 3.9
    Employed, away from work 22 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 62 14.1
    Professionals 80 18.2
    Technicians & trades workers 69 15.7
    Clerical & administrative workers 59 13.4
    Labourers 70 15.9
    Others 100 22.7
    Occupation
    Census Count Percent(%)
    Pre-school 9 3.9
    Infants/Primary 104 45.2
    Secondary 68 29.6
    Technical or Further Educational Institution 25 10.9
    University or other Tertiary Institutions 18 7.8
    Others 6 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 912 96.8
    House or flat attached to a shop, office 12 1.3
    Caravan, cabin, houseboat 10 1.1
    Improvised home, tent, sleepers out 5 0.5
    Flat, unit or apartment 3 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 150 41.4
    Fully owned 146 40.3
    Rented 61 16.9
    Other tenure type 5 1.4
    Tenure Type
Census 2011, ABS
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