Property prices for sale in Franklin (Tasmania)

The prices in real estate in Franklin, in the Tasmania region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

$522,308.83
Average price last 6 months
$716
Price/m² last 6 months
Average price per m2

The price per m² in Franklin has remained the same in the last 6 months. In October, the average price per m² was $723. In November this price pretty much remained the same at a value of $725 per m². In the following two months the price per m² has increased 106 %, going from $724 to $768.5 per m². The price per m² has decreased 88 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $746.25 to $655.5 during February, and March.

Average price

Based upon to the price in Franklin (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $532,698. In November This price remains at $517,439. In the following two months the average price has remained the same with regard to the previous two months from $525,068.5 to $548,221. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $536,644.75 to $493,637 in February and March.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $458,356 they are 20 % more affordable than the average price for Franklin. The properties with the highest average price have 4 bedrooms, Their price is 96 % more costly than the average. After that we have properties with 3 bedrooms priced at $758,389.

With regard to the average price per m² , those properties with 4 bedrooms are the most costly ones at a cost of $809 / m², with an average $647 / m² price in Franklin. The properties with the highest average prices have 1 bedroom. They are 78 % more expensive than the average followed by properties with 3 bedrooms with a price at $878 / m².

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $458,356 it is 9 % more expensive than the average price in Franklin. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Apartment". At a price of $497,669 it is 81 % more expensive than the average price.

According to the average cost per m², the most expensive property type would be "House" at an average cost of $873 / m² followed by "Apartment" priced at $960 / m². "Apartment" is the most costly type of property with a $960 / m² cost followed by "House" with an average price of $873 / m².

Charts data
Average price March
Average price per m² March
Number of properties used in Franklin
Number of properties used in region Tasmania
$458,356
$647
540
66,198
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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