87/227-229 Flemington RoadFranklin ACT 2913
Property Details for 87/227-229 Flemington Rd, Franklin
87/227-229 Flemington Rd, Franklin is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 7984m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Last Listing description (June 2018)
Set on the first floor of the highly desirable Aamira development sits this sunny one-bedroom apartment that has stunning views across Franklin and beyond. Positioned in prime location along the light rail corridor this blue-chip property is ideal for investors and offers extremely strong rental returns. Located just 100m to the nearest bus stop, 250m to the local shops, 2 minutes from the nearest light rail stop, 5 minutes from the Gungahlin Town centre 12 minutes from the City - it really makes for the ideal first home or investment opportunity.
- Convenient walking distance to public transport and amenities
- Kitchen includes stone benchtops and Smeg stainless steel appliances
- Lift access and basement parking
- Reverse cycle air conditioner
- Tennis court and gym in complex
- Apartment size: 60.9sqm internal 8.3sqm balcony approx
- Estimated gross rental return of 5.9% approximately
- Body corporate fees $636.86 p.q.
Administration fee $483pq
Sinking fund $154pq
Property History for 87/227-229 Flemington Rd, Franklin, ACT 2913
- 11 May 2018Sold for $294,000
- 13 Apr 2018Listed for Sale Price guide over $287,000
- 06 Jan 2015Sold for $265,950
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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.
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