Franklin cheapest ACT suburb to buy a unit: Investar

Franklin cheapest ACT suburb to buy a unit: Investar
Franklin cheapest ACT suburb to buy a unit: Investar

Franklin is the cheapest ACT locality to purchase a unit, according to a recent Investar report.

The property investment firm says that the median price at Franklin for studio and one bedroom units is $265,000.

This is followed by Harrison with $269,000 and Greenway with $279,000.

Suburb

Postcode

Bedrooms

Current median price

Franklin

2913

Studio and 1

$265,000

Harrison

2914

Studio and 1

$269,000

Greenway

2900

Studio and 1

$279,000

Gungahlin

2912

Studio and 1

$280,000

Mawson

2607

2

$287,500

Bruce

2617

Studio and 1

$299,000

Phillip

2606

Studio and 1

$299,000

Belconnen

2617

Studio and 1

$330,000

Griffith

2603

Studio and 1

$332,000

Watson

2602

2

$335,000

A one bedroom unit at 60/301 Flemington Road, Franklin (above) was recently sold in April this year for $260,000.

Similarly a one bedroom unit at 50/289 Flemington Road, Franklin (below) has been listed for $260,000 plus.

It was last sold in 2013 for $298,500.

Franklin cheapest ACT suburb to buy a unit: Investar

Tags: 
Investar Franklin

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