115 Gwen Meredith LoopFranklin ACT 2913
Property Details for 115 Gwen Meredith Loop, Franklin
115 Gwen Meredith Loop, Franklin is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 2008. The property has a land size of 578m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
Last Listing description (June 2018)
Nestled in the sought-after location of Franklin on a sunny tree lined street sits an exceptional investment opportunity. Only a short walk to the ever-growing Gungahlin town centre, minutes to the Canberra City and walking distance to the developing light rail, makes this property the ideal choice for your next purchase. Designed to generate a strong income the property offers three separate townhouse style living options, which are separately metered making management effortless. With each property returning a generous rental income along with a reasonable time frame left on each lease allows the new investor peace of mind when purchasing.
Gungahlin has seen rapid development over the last few years and is continued to remain one of Australia's fastest growing regions making it a smart investment, with strong returns and the potential for further capital growth.
Unit 1 (Front) $380 per week Lease Expiry: (2 bedrooms, 1 bathroom & 1 garage)
Unit 3 (Top) $390.00 Per week Lease Expiry: (2 bedrooms, 1 Bathroom & 1 garage)
Features Include:
- 100m from Franklin early learning centre
- 100m to popular franklin park, walking trails & BBQ facilities
- Moments to Gungahlin Town Centre
- Easy access to Canberra City
- Large family home on offer of sound investment opportunity
- 3 separately metered apartment/townhouse style living options
- Each are fully self-contained with ample storage and a single lock up garage
Total rental income: $1,130 per week
Approximate rental yield: 6.35%
Year Built: 2009
Rates: $2,325.00pa (approx.)
Land tax: $3,354.00pa (approx.)
Total: 336.3m2
Garage: 68.2m2
Living: 268.1m2
Block: 577m2
Property History for 115 Gwen Meredith Loop, Franklin, ACT 2913
- 18 Jun 2018Sold for $900,000
- 03 May 2018Listed for Sale $899,000+
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0About 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 2,852 properties. Over the last 5 years, Houses in Franklin have seen a 43.84% increase in median value, while Units have seen a 31.05% increase. As at 31 October 2024:
- The median value for Houses in Franklin is $1,088,457 while the median value for Units is $501,821.
- Houses have a median rent of $675 while Units have a median rent of $548.
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