OFF MARKET

55/289 Flemington Road
Franklin ACT 2913

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 5050m2
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Property Details for 55/289 Flemington Rd, Franklin

55/289 Flemington Rd, Franklin is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 5050m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2014
Floor Size
53m2
Land Size
5050m2
Local Government
Gungahlin
Lot/Plan
FRANKLIN: Block 3, Section 94, Unit 55

Last Listing description (January 2022)

Situated on the first floor this highly desirable one-bedroom apartment ticks a lot of boxes, price, privacy, and location. Take advantage of this excellent investment opportunity with the property currently rented for $400 per week or choose to enjoy an exciting urban lifestyle as an owner occupier with the light rail at your doorstep, don't let this property pass by.

The "Nexus" apartment itself offers a generous bedroom with built in robes, spacious light filled open plan living and dining. Kitchen is well appointed with stainless steel appliances, stone bench tops, dishwasher and quality fixtures and fittings.

The bathroom offers large shower and quality finishes. With nearby park land, views and regular bus services at your doorstep and minutes away from Gungahlin Market Place, this apartment is well priced and ready for new owners.

Features:

* Open plan living
* Stainless steel appliances
* Built in robe to bedroom
* Reverse cycle air conditioner
* 1 car accommodation, secure parking
* Great views
* Dryer
* First floor apartment
* Great location
* Tenant in place until May 2022

Other quick stats you may want to know...

* Internal living size: 52 sqm
* External: 9sqm
* Rates: $368.00 per quarter approx.
* Body corporate: $792.71 per quarter approx.
* Land tax (if rented): $438.78 per quarter approx.
* Year built: 2013
* Rented for $400 per week until May 2022

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Property History for 55/289 Flemington Rd, Franklin, ACT 2913

A timeline of how this property has performed in the market
Last Sold
$340,000
17 Dec 2021
Listed for Rent
$280/w
20 Sep 2014
  • 17 Dec 2021
    Sold for $340,000
  • 16 Nov 2021
    Listed for Sale Sold
  • 20 Mar 2019
    Listed for Sale $279,000+
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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 35 properties listed for sale, and 12 properties listed for rent in Franklin on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Franklin.

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