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Unit 3,
2 PAPE STREET Franklin ACT 2913

This property is Off Market

All about Franklin Homes for sale in Franklin


  • The Average property price in this area is $958,579, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 109.63 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view

Property For Sale Nearby

LJ Hooker UNIT 45, VISTA APARTMENTS, 303 FLEMINGTON RD, Please Call 1 Beds - 1 Baths - 1 Parking Within 0.2 km LJ Hooker UNIT 104, VISTA APARTMENTS, 104 HENRY KENDALL ST, $370,000+ 1 Beds - 1 Baths - 1 Parking Within 0.2 km PRD UNIT 92, VISTA APARTMENTS, 104 HENRY KENDALL ST, $529,000 + 2 Beds - 2 Baths - 2 Parking Within 0.2 km LJ Hooker UNIT 55, SYNERGY APARTMENTS, 311 FLEMINGTON RD, $440,000+ 2 Beds - 1 Baths - 1 Parking Within 0.4 km LJ Hooker UNIT 21, GLASSHOUSE, 40 HENRY KENDALL ST, $729,000+ 3 Beds - 2 Baths - 2 Parking Within 0.5 km LJ Hooker UNIT 89, EDGE APARTMENTS, 329 FLEMINGTON RD, $365,000+ 1 Beds - 1 Baths - 1 Parking Within 0.5 km LJ Hooker UNIT 46, EDGE APARTMENTS, 329 FLEMINGTON RD, Please Call 1 Beds - 1 Baths - 1 Parking Within 0.5 km LJ Hooker UNIT 18, EDGE APARTMENTS, 329 FLEMINGTON RD, $350,000+ 1 Beds - 1 Baths - 1 Parking Within 0.5 km Ray White UNIT 24, EDGE APARTMENTS, 329 FLEMINGTON RD, 375000 1 Beds - 1 Baths - 1 Parking Within 0.5 km LJ Hooker UNIT 18, MOSAC APARTMENTS, 75 ELIZABETH JOLLEY CR, $350,000 1 Beds - 1 Baths - 1 Parking Within 0.6 km LJ Hooker UNIT 82, MOSAC APARTMENTS, 75 ELIZABETH JOLLEY CR, $365,000+ 1 Beds - 1 Baths - 1 Parking Within 0.6 km LJ Hooker UNIT 91, MOSAC APARTMENTS, 75 ELIZABETH JOLLEY CR, $470,000+ 2 Beds - 2 Baths - 1 Parking Within 0.6 km Ray White UNIT 7, AZURA VILLAS, 8 HENRY KENDALL ST, 650000 3 Beds - 3 Baths - 2 Parking Within 0.6 km LJ Hooker UNIT 61, ZEST APARTMENTS, 41 CLARE BURTON CR, $470,000+ 2 Beds - 1 Baths - 1 Parking Within 0.9 km OneAgency UNIT 53, ZEST APARTMENTS, 41 CLARE BURTON CR, $519,000 2 Beds - 2 Baths - 2 Parking Within 0.9 km Ray White UNIT 57, ZEST APARTMENTS, 41 CLARE BURTON CR, 499000 2 Beds - 2 Baths - 1 Parking Within 0.9 km LJ Hooker UNIT 9, KIARAH, 20 CLARE BURTON CR, $689,999+ 3 Beds - 2 Baths - 1 Parking Within 0.9 km Stone Real Estate UNIT 17, KIARAH, 20 CLARE BURTON CR, $825,000+ 4 Beds - 3 Baths - 2 Parking Within 0.9 km Blackshaw UNIT 36, IVY APARTMENTS, 241 FLEMINGTON RD, $339,000+ 1 Beds - 1 Baths - 1 Parking Within 1.1 km LJ Hooker UNIT 88, VIERRA APARTMENTS, 235 FLEMINGTON RD, $499,000 + 2 Beds - 2 Baths - 2 Parking Within 1.2 km LJ Hooker UNIT 77, VIERRA APARTMENTS, 235 FLEMINGTON RD, $375,000+ 1 Beds - 1 Baths - 1 Parking Within 1.2 km Stone Real Estate 26 NINA MURDOCH CR, Auction 16/11/2024 at 3:00pm 3 Beds - 2 Baths - 2 Parking Within 1.4 km Stone Real Estate UNIT 26, 56 CHRISTINA STEAD ST, $780,000 - $820,000 3 Beds - 2 Baths - 2 Parking Within 1.5 km At Realty 80 CHRISTINA STEAD ST, Offers over $880,000 3 Beds - 2 Baths - 1 Parking Within 1.5 km Ray White 25 OODGEROO AV, 1100000 4 Beds - 2 Baths - 2 Parking Within 1.8 km Ray White 14 THEA ASTLEY CR, 900000 3 Beds - 2 Baths - 2 Parking Within 2.0 km LJ Hooker 2 NEWELL ST, Auction 4 Beds - 2 Baths - 2 Parking Within 2.0 km Stone Real Estate 43 DONALD HORNE CCT, $770,000 3 Beds - 1 Baths - 2 Parking Within 2.1 km

Recently Sold Properties in this Area

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About Franklin

With an average age of 30, households expect an average monthly mortgage payment of $1,585 or a weekly rent payment of $380. The average family earns a weekly income of $2,194 with a typical household size of 2.1 and a 94.81% employment rate.

Consistent high demand relative to supply is a key feature in Franklin driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Franklin ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Franklin classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Franklin requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 551 asthma sufferers and 158 people living with diabetes. In addition, 138 people have a heart/vascular condition and 211 people live with three or more chronic diseases.

A good place to invest in property?

Franklin a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Australian Capital Territory State average 56 / 100

Income

77 / 100

56 / 100

Industry

67 / 100

28 / 100

Population

64 / 100

26 / 100

House Prices

88 / 100

72 / 100

Jobs

91 / 100

32 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • Burgmann Anglican School

    Gungahlin, ACT, 2912 Independent K-12

  • Harrison School

    Harrison, ACT, 2914 Independent K-10

  • Ngunnawal Primary School

    Ngunnawal, ACT, 2913 Independent K-6

  • Good Shepherd Primary School

    Amaroo, ACT, 2914 Independent K-6

  • Palmerston District Primary School

    Palmerston, ACT, 2913 Independent K-6

  • Mother Teresa School

    Harrison, ACT, 2914 Independent K-6

  • Franklin Early Childhood School

    Franklin, ACT, 2913 Independent K-4

  • Neville Bonner Primary School

    Bonner, ACT, 2914 Independent K-6

  • Amaroo School

    Amaroo, ACT, 2914 Independent K-10

  • Gungahlin College

    Gungahlin, ACT, 2912 Independent 10-12


Property Story

Unit 3, 2 Pape Street, Franklin, Act, 2913 is a residential property . The estimated distance to the sea is 109.63km and at least 1.23KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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