FOR SALE
$440,000+

55/311 Flemington Road
Franklin ACT 2913

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
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55/311 Flemington Road is a superb two-bedroom apartment located within 150m of the Light Rail station. Gungahlin CBD 1.6km away.
This North-facing apartment is located on the first floor of the 'Synergy' development and includes open plan living, balcony and a bathroom with Euro-laundry.
The kitchen is quite functional and includes stone benches, dishwasher, electric cook top & oven.
There's also a single secure car space.
The apartment is superb, the location is exceptional and the convenience ideal. Whether you're an investor, first home buyer or downsizing, this is an excellent opportunity to secure a property in Gungahlin.
Currently rented at $500 per week until June 2024.
At a glance:
'Synergy' apartments
North facing
Two-bedrooms
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Property Details for 55/311 Flemington Rd, Franklin

55/311 Flemington Rd, Franklin is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 60m2. The place is currently for sale with LJ Hooker Gungahlin.

Building Type
Apartment
Floor Size
60m2

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About Franklin 2913

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 2,892 properties. Over the last 5 years, Houses in Franklin have seen a 42.80% increase in median value, while Units have seen a 33.12% increase. As at 31 August 2024:

  • The median value for Houses in Franklin is $1,078,327 while the median value for Units is $512,829.
  • Houses have a median rent of $720 while Units have a median rent of $540.
There are currently 29 properties listed for sale, and 15 properties listed for rent in Franklin on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Franklin.

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Jeff Shortland
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LJ Hooker Gungahlin
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