OFF MARKET

38/311 Flemington Road
Franklin ACT 2913

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 86m2
Land area: 12024m2
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Property Details for 38/311 Flemington Rd, Franklin

38/311 Flemington Rd, Franklin is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 12024m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2012
Floor Size
86m2
Land Size
12024m2
Local Government
Gungahlin
Lot/Plan
FRANKLIN: Block 2, Section 96, Unit 38

Last Listing description (July 2023)

This top-floor apartment in the popular Synergy complex in Franklin offers a fantastic living opportunity. With two bedrooms and thoughtfully designed interiors, it provides a comfortable and convenient lifestyle. The spacious open-plan living area and well-equipped kitchen create a welcoming space for relaxation and entertaining. Additionally, the apartment features two good-sized bedrooms, including a master suite with an ensuite. Conveniently located close to great schools, the Gungahlin Marketplace, nature parks, playgrounds, and the light rail. Whether you're a first-time buyer, downsizing, or considering an investment, this apartment offers great potential.

Features

Ideally located top-floor apartment in sought after Synergy complex.

Spacious master bedroom with large built-in wardrobe, ensuite, block out curtains and balcony access.
One additional bedroom, one with built-in storage.
Study overlooking courtyard.
Modern kitchen with stone benchtops, Bianco stainless steel appliances, ample cupboard space and pantry.
Bright and airy living, dining and kitchen areas with block out curtains.
Stylish main bathroom with convenient European laundry and built-in dryer.
Recently updated with new plush pile carpet and paint throughout.
Reverse cycle heating and cooling in the living area.
NBN with fibre to the premises.
Balcony overlooking Barbara Jefferis Street.
Two dedicated car spaces with additional storage cage in basement.
Swimming pool and private BBQ areas within the complex.
Conveniently located near Gungahlin Marketplace, nature parks and playgrounds, schools, the light rail and Flemington Road for easy access to the city.

Statistics (all figures are approximate)

EER: 5.5
Construction: 2012
Units in complex: 120
Total Living Area: 80m
Balcony Area: 8m
Body Corporate: $1,200 per quarter
Land Rates: $372 per quarter
Land Tax: $455 per quarter
Rental Appraisal: $620 - $650 per week

Property History for 38/311 Flemington Rd, Franklin, ACT 2913

A timeline of how this property has performed in the market
Last Sold
$496,500
26 Jul 2023
  • 26 Jul 2023
    Sold for $496,500
  • 24 Feb 2023
    Listed for Sale $520,000 +
  • 23 Apr 2021
    Sold for $435,000
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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 2,852 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.
There are currently 34 properties listed for sale, and 12 properties listed for rent in Franklin on OnTheHouse. According to CoreLogic's data, 153 properties were sold in the past 12 months in Franklin.

Suburb Insights for Franklin 2913

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.