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 › Flemington Rd
$350,000–$375,000
For sale
Asking range
1
Bedrooms
1
Bathrooms
1
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
Asking
$350,000–$375,000
Asking range
No recorded sale for this property.
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
-67.3%
Median sale
Suburb $1,070,000
+4.59 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.
Based on the low end of the asking range, not a contract price.
$10,496 on top of the price (3.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Australian Capital Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Franklin's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 6.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Stone Real Estate GungahlinThis inviting one bedroom apartment delivers an appealing combination of comfort, natural light, and everyday convenience. Positioned on the top floor, this one bedroom apartment combines a bright interior, practical design, and an elevated outlook to create an appealing opportunity for for first home buyers, investors, or anyone looking for an easy care lifestyle in Franklin.
The open plan living and dining area forms the heart of the apartment, offering plenty of room to relax while connecting naturally with the kitchen and outdoor space. The kitchen is neatly appointed with generous cabinetry, appliances, and ample preparation space, while sliding doors open from the living area onto the private balcony. The elevated position captures an open outlook across the surrounding neighbourhood, creating a great spot to enjoy some fresh air or unwind at the end of the day.
The bedroom is comfortably sized and benefits from windows on two sides, brining in excellent natural light, while a large mirrored built in wardrobe provides valuable storage without compromising the room. Secure basement parking and additional storage provide practical conveniences expected from modern apartment living.
Location is another standout, with the Mapleton Avenue light rail stop close by providing an effortless connection towards Gungahlin Town Centre ad Canberra City. Franklin shops, schools, parklands, and the wider Gungahlin precinct also within easy reach.
Features Overview:
- Single level floorplan
- Located close to Mapleton Avenue Light Rail, Franklin shops, Gungahlin Town Centre, and Local parks.
- NBN connected with FTTP (Fibre to the Premises)
- Age: 13 years (built in 2013)
- EER (Energy Efficiency Rating): 6.0 stars
Development Information:
- Name of development: Nexus Apartment
- Number of buildings in development: 56
- Strata management: LMM Solutions
Sizes (Approx):
- Internal living: 48 sqm
- Balcony: 7 sqm
- Total residence: 55 sqm
Prices:
- Strata Levies: $1230.25 per quarter
- Rates: $496.79 per quarter
- Land Tax (Investors only): $637.69
- Conservative rental estimate (unfurnished): $460 - $480 per week
Inside:
- Generously sized bedroom with excellent natural light and a large mirrored built in wardrobe
- Well appointed bathroom with integrated laundry facilities
- Spacious open plan living and dining area with direct connection to the balcony
- Contemporary kitchen with ample cabinetry and ample bench space
- Large windows throughout the living areas providing plenty of natural light
- Practical single level layout designed for easy, low maintenance living
- Additional storage for added everyday convenience
Outside:
- Private balcony extending directly from the main living area
- Elevated outlook across the Surrounding Franklin neighbourhood
- Covered outdoor space
- One secure basement car space
- Convenient access to nearby light rail, local shops, parks and walking paths
Franklin is a vibrant and modern suburb in Canberra's Gungahlin region, known for its thoughtful design, green spaces, and exceptional connectivity. Perfectly positioned along the light rail corridor, Franklin features three stations, making commuting to the city effortless, while also offering standout lifestyle amenities such as the expansive Franklin Recreation Park with its skate facilities, climbing structures, and sports courts. Franklin has one of the more diverse housing mixes in Gungahlin, with 50% detached houses, 37% apartments, and family households making up 72% of all households. With a strong focus on nature and culture, including ecological corridors and the culturally significant Gubur Dhaura Heritage Park, along with nearby schools and family-friendly spaces, Franklin offers a dynamic yet relaxed lifestyle ideal for modern living.
Inspections:
We are opening the home most Saturdays with mid-week inspections. However, if you would like a review outside of these times, please email us at: alexford@stonerealestate.com.au
Disclaimer:
The material and information contained within this marketing is for general information purposes only. Stone Gungahlin does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.
Listing description written by Alex Ford, Stone Real Estate Gungahlin — 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.