Franklin at a glance
7,520
People
$1,070,000
Median sale
$460/wk
Median rent
2.24%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
ACT › Franklin › Mavis Latham St
$995,500
Last sold
2 July 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$995,500
2 July 2024 · derived via latest_sale
Franklin at a glance
7,520
People
$1,070,000
Median sale
$460/wk
Median rent
2.24%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Franklin
-7.0%
Median sale
Suburb $1,070,000
+0.16 pp
Gross yield
Suburb 2.24%
Suburb median $1,070,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
ACTPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $460/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Franklin at a glance
7,520
People
$1,070,000
Median sale
$460/wk
Median rent
2.24%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Blackshaw ManukaSOLD prior to Auction by Top Ten Agent for ACT 2024 Christine Shaw
The smart buyers know that Blackett Homes are an Award winning local builder over many decades, with a fantastic reputation. What they have built will stand the test of time.
Often three bedroom homes are built because a four bedroom home cannot fit. Not in this case. On offer is probably one of the largest three bedroom ensuite homes I have seen in my real estate career.
Nothing has been sacrificed in terms of space:
- Both the lounge room and the dining/family room are very large;
- The master bedroom is king-sized and the other two bedrooms easily accommodate queen bed furniture;
- The breakfast bar could easily accommodate 4 or 5 seats; and
- The double garage allows for a workshop bench along the back wall
If you are thinking you need a four bedroom home, come and visit - you will truly be surprised.
The location, with the pond just at the end of the street, is gold ! No busy traffic in this part of Franklin.
Features Include:
2008 construction by award winning Blackett Homes
Freshly painted and new carpets throughout
Large formal lounge segregated from the rest of the home
Excellent cupboard space in kitchen with large breakfast bar
Under-bench oven and gas cooktop
Spacious famiily/dining room which flows to the pergola
King-sized master bedroom with ensuite and walk-in robe
Two queen-sized bedrooms with built-in robes
Bathroom with separate bath and shower
Laundry with loads of storage and direct access to yard
Double garage with internal access
Remote controlled panel lift garage door
Evaporative cooling and ducted gas heating
Close to reserve and pond at the end of the street
Excellent private and public schools are nearby
Light rail access and shops within walking distance
EER 4
Land Size: 448m2
Land Rates: $2973 pa
Land Value: $536,000
Living: 162m2
Double Garage: 38m2
Pergola: 16m2
Total Residence: 216m2
Rent Appraisal: $750-$800 per week
Land Tax (only payable if an investment): $4961 pa
Note: all figures and measurements are approximate
Listing description written by Christine Shaw, Blackshaw Manuka — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.