OFF MARKET

87/311 Flemington Road
Franklin ACT 2913

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 12024m2
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Property Details for 87/311 Flemington Rd, Franklin

87/311 Flemington Rd, Franklin is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 12024m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2010
Floor Size
60m2
Land Size
12024m2
Local Government
Gungahlin
Lot/Plan
FRANKLIN: Block 2, Section 96, Unit 87

Last Listing description (August 2021)

Size matters in real estate, and in the apartment market you can feel the difference. For those with a taste for space and a love of luxury, this one is a must see. Listed with a one bedroom price tag, this unit offers countless options for housemates, guests and hobbies with its second bedroom.

The living area is bright and spacious, set out in an open plan. The living areas are kept comfortable all year round, thanks to a Toshiba split system air conditioner and a 6 star energy rating. Stone benchtops and quality appliances feature in the kitchen, whilst the balcony is generously proportioned and ideal for entertaining.

The master bedroom offers a built-in robe, and looks out over the common areas of the building, which include a swimming pool and barbecue areas.

With immediate proximity to the light rail service, this really is inner city living on a suburban budget. Living here means participating in the exciting progression of Canberra's future.

Summary of features:

- Living area: 57 m2
- EER: 6 stars
- Rates: $354 per quarter
- Land tax (investors only): $424 per quarter
- Body corporate fees: $891.11 per quarter
- Quality appliances, including dishwasher
- Split system air conditioning
- Secure basement parking with storage cage
- Swimming pool and shared entertaining areas
- Immediate access to Gungahlin & Canberra City via light rail

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Property History for 87/311 Flemington Rd, Franklin, ACT 2913

A timeline of how this property has performed in the market
Last Sold
$331,500
21 Jun 2021
Listed for Rent
$310/w
21 Jul 2015
  • 21 Jun 2021
    Sold for $331,500
  • 21 May 2021
    Listed for Sale $320,000+
  • 18 Jun 2015
    Listed for Rent $310 / week
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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 2,892 properties. Over the last 5 years, Houses in Franklin have seen a 42.80% increase in median value, while Units have seen a 33.12% increase. As at 31 August 2024:

  • The median value for Houses in Franklin is $1,078,327 while the median value for Units is $512,829.
  • Houses have a median rent of $720 while Units have a median rent of $540.
There are currently 30 properties listed for sale, and 14 properties listed for rent in Franklin on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Franklin.

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