Suburb Profile Report for Franklin TAS (7113)

Franklin House: Median price $450,000, Annual capital growth 7.04%, Number of sales 26, Weekly median advertised rent $400

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • 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 17.19% to date .

Comparing Franklin,7113 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Often selling an investment property can take time, and in Franklin the average time real estate has been on the market is 58.1579 days.

Property investors should expect to get $400 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$450,000 N/A
-2.39% N/A
17.19% N/A
7.04% N/A
$400 N/A
26 N/A
4.62% N/A
58.1578947368421 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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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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