Franklin median house price grows by 22%: Investar

Franklin median house price grows by 22%: Investar
Staff reporterJune 1, 2017

Franklin’s median price growth is the fastest in ACT for houses, according to Investar’s latest report.

The property investment firm says that Franklin’s house median prices have increased by 22%.

This is followed by Palmerston with 17% and Holt with 14%.

Suburb

Postcode

Bedrooms

Current median price

Median price 1 year ago

Median price growth

Franklin

2913

4

$789,000

$645,000

22%

Palmerston

2913

4

$670,000

$572,000

17%

Holt

2615

3

$480,000

$420,000

14%

Ainslie

2602

3

$819,000

$720,000

13%

Crace

2911

4

$789,500

$699,000

12%

Latham

2615

3

$480,000

$429,000

11%

Melba

2615

4

$620,000

$555,000

11%

Amaroo

2914

4

$640,000

$575,000

11%

Gowrie

2904

3

$515,000

$464,500

10%

Banks

2906

3

$429,000

$387,000

10%

A four bedroom house at 23 Oodgeroo Avenue, Franklin (above) has been listed for $785,000.

Similarly a four bedroom house at 79 Patrick White Circuit, Franklin (below) was recently sold in March this year for $782,000.

The block of land last sold in 2009 for $149,000.

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