OFF MARKET

86/311 Flemington Road
Franklin ACT 2913

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 12024m2
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Property Details for 86/311 Flemington Rd, Franklin

86/311 Flemington Rd, Franklin is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 12024m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

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

Last Listing description (April 2022)

COVID-19 Update: We ask that people maintain social distancing at our open for inspections where possible.

Situated in the highly regarded and exciting 'Synergy' complex is this well-presented 1st floor apartment with the tram line conveniently positioned at your doorstep, making your trips into the city a breeze.

The contemporary designed and styled apartment features modern fixtures and easy care living in a highly sought-after location.

The well-designed floor plan incorporates a chic kitchen complete with stone benchtops and stainless steel appliances, open plan living area, generous bedroom with plenty of light and built in robe, a full sized study room or office, modern bathroom and a spacious balcony with north-facing views.

Additional features include reverse cycle air conditioning, dishwasher, dryer, basement parking with storage cage and resort-style amenities including a private swimming pool and BBQ area.

Enjoy the convenience of shops, schools, restaurants and cafes on your doorstep and knowing that you are only minutes away from the Gungahlin Town Centre and the city. It's easy to see that this apartment is at the centre of everything you need and makes for a desirable first home or investment opportunity.

The Perks:
1 bedroom plus study design
Large bedroom with walk-in robe
Reverse cycle air-conditioning system
Stone benchtops
Stainless steel appliances
Full height tiling in bathroom
Basement parking and storage cage
Swimming pool and BBQ amenities

The Numbers:
Living size: 61m
Balcony: 10m
Total residence: 71m
Strata: $919 p.q. approx.
Rates: $385 p.q. approx.
Land tax: $385 p.q. approx.
Year built: 2012
EER: 6 stars
Rental estimate: $430-$450 p.w.

Property History for 86/311 Flemington Rd, Franklin, ACT 2913

A timeline of how this property has performed in the market
Last Sold
$405,000
11 Apr 2022
Listed for Rent
$340/w
12 Jul 2013
  • 11 Apr 2022
    Sold for $405,000
  • 17 Mar 2022
    Listed for Sale Offers Over $379,000
  • 31 Jan 2020
    Sold for $280,000
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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 13 properties listed for rent in Franklin on OnTheHouse. According to CoreLogic's data, 151 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.