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Median values are calculated based on data over a 12 month period.

Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government.
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Market Report

Franklin has 57 houses available for sale. The median property price for a house is currently 982,500 with annual capital growth of -1.33 . There were 54 house sales in the past 12 months. On average, houses spend 62 days on market.

If you're thinking about buying an investment property in Franklin, consider that rental yields for houses are currently 3.79 with an average median rent of 720 weekly. Houses have seen -0.51 growth in the past quarter, and -1.33 growth in the past 12 months.

The size of Franklin is approximately 2.3 square kilometres. It has 2 parks covering nearly 0.4% 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.

Franklin has 121 units available for sale. The median property price for a unit is currently 498,250 with annual capital growth of -9.41 . There were 86 unit sales in the past 12 months. On average, units spend 51 days on market.

If you're thinking about buying an investment property in Franklin, consider that rental yields for units are currently 5.65 with an average median rent of 540 weekly. Units have seen -1.34 growth in the past quarter, and -9.41 growth in the past 12 months.

The size of Franklin is approximately 2.3 square kilometres. It has 2 parks covering nearly 0.4% 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.

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Key Market Data House Unit
Median price 982,500 498,250
Quarterly growth -0.51 -1.34
12-month growth -1.33 -9.41
Average annual growth +7.92 +6.25
Weekly median rent 720 540
Gross rental yield 3.79 5.65
Number of Sales (12m) 54 86
Avg. Days on Market (12m) 62 51
Jump to Market Trends
Key Demographics 2011 2016
Total population 3,807 6,421
Population change (5y) +68.70
Median household income (p/w) 2,282 2,130
Household income change (5y) -6.66
Median age of persons 27 30
Jump to Demographics Trends
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