OFF MARKET

54 Nullarbor Avenue
Franklin ACT 2913

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1293m2
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Property Details for 54 Nullarbor Ave, Franklin

Building Type
Land
Land Size
1293m2
Local Government
Gungahlin
Lot/Plan
FRANKLIN: Block 4, Section 31

Last Listing description (May 2023)

54 Nullarbor Avenue, Franklin

The greater Gungahlin area is experiencing rapid growth and this site offers developers the chance to secure an opportunity to be a part of it. With a wide crown lease purpose clause the level and regular-shaped block has multiple uses, each providing viable outcomes.


3,558m2 level site
Located just off Flemington Road
Next to a new Woolworths Supermarket
Uses also includes medical centre
Up to 4 storeys permitted on site

To be sold via Auction, Wednesday 15th June 2016

Property History for 54 Nullarbor Ave, Franklin, ACT 2913

A timeline of how this property has performed in the market
Last Sold
$855,000
23 Nov 2017
  • 14 Dec 2020
    Listed for Rent $36,000 / year
  • 23 Nov 2017
    Sold for $855,000
  • 11 May 2016
    Listed for Sale For Sale by Auction

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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 2,859 properties. Over the last 5 years, Houses in Franklin have seen a 41.83% increase in median value, while Units have seen a 31.32% increase. As at 30 September 2024:

  • The median value for Houses in Franklin is $1,082,154 while the median value for Units is $507,081.
  • Houses have a median rent of $700 while Units have a median rent of $543.
There are currently 34 properties listed for sale, and 11 properties listed for rent in Franklin on OnTheHouse. According to CoreLogic's data, 145 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.