OFF MARKET

8/307 Flemington Road
Franklin ACT 2913

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 84m2
Land area: 10386m2
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Property Details for 8/307 Flemington Rd, Franklin

8/307 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 10386m2 and floor size of 84m2. 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
84m2
Land Size
10386m2
Local Government
Gungahlin
Lot/Plan
FRANKLIN: Block 1, Section 95, Unit 84

Last Listing description (October 2016)

This spacious two bedroom apartment is situated in the delightful Vista complex. Only minutes to the ever-growing Gungahlin Town Centre, this immaculate property will appeal as a lifestyle choice for owner occupiers or a solid addition to your investment portfolio. Beautifully presented, the light-filled property boasts an open plan design with generous North/West facing balcony overlooking the distant mountain ranges. Located on the top floor with a rare corner position, residents will enjoy an enhanced sense of privacy & liveability with minimal adjoining walls. Other features include two well sized bedrooms, one has built in robes and the master has a walk in robe and ensuite, light filled open plan design, double (secure) parking for two vehicles and an expansive storage area.

Features include:
- Well maintained complex in a desirable location within walking distance to Gungahlin town centre

- Secure basement parking for two vehicles with ample storage
- Private North/West facing balcony with mountain views
- Spacious two bedroom apartment
- Split system to main living area
- Functional kitchen with stone bench tops, dishwasher and electrical cooking
Living: 91M2
Balcony: 8.87m2
2 car spaces
Storage cage
Body Corporate: $704.53pa (approx.)
Rates: $1134.19pa (approx.)
Land tax: $1220.18pa (approx.)
Potential rent: $380.00-$400.00 per week
***Investors*** This property is currently owner occupied, however the owners would be prepared to rent the property back for a period of time which means no vacancy period during the purchase.

Property History for 8/307 Flemington Rd, Franklin, ACT 2913

A timeline of how this property has performed in the market
Last Sold
$485,000
31 Jul 2023
  • 31 Jul 2023
    Sold for $485,000
  • 13 Oct 2016
    Sold for $375,000
  • 28 Sep 2016
    Listed for Sale $359,000+
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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 2,851 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 13 properties listed for rent in Franklin on OnTheHouse. According to CoreLogic's data, 152 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.