$460 ▲ +7.5%
Higher than 89% of suburb / locality areas.
- 2011: $428
- 2016: $373
- 2021: $460
Median weekly rent paid by households renting their home.
Franklin · Suburb / Locality
Housing & Dwellings in Franklin
Where and how people live — the homes, how they are held, and what they cost.
High rental demand and smaller homes define the housing market in Franklin. While nearly 46% of households rent, the area has a very low rate of outright home ownership compared to the rest of the territory. This makes it a place where most people are paying either rent or a mortgage to secure their housing.
$460
▲ +7.5%
- $0–$25: 37 areas
- $25–$50: 86 areas
- $50–$75: 199 areas
- $75–$100: 214 areas
- $100–$125: 525 areas
- $125–$150: 343 areas
- $150–$175: 699 areas
- $175–$200: 597 areas
- $200–$225: 1183 areas
- $225–$250: 724 areas
- $250–$275: 1277 areas
- $275–$300: 787 areas
- $300–$325: 1282 areas
- $325–$350: 618 areas
- $350–$375: 935 areas
- $375–$400: 570 areas
- $400–$425: 763 areas
- $425–$450: 288 areas
- $450–$475: 415 areas
- $475–$500: 176 areas
- $500–$525: 204 areas
- $525–$550: 79 areas
- $550–$575: 125 areas
- $575–$600: 70 areas
- $600–$625: 97 areas
- $625–$650: 21 areas
- $650–$675: 54 areas
- $675–$700: 145 areas
All suburb / locality areas, 2021. The marker is Franklin — higher than 89% of areas.
| Franklin | $460 |
|---|---|
| 2913, ACT | $460 |
| Australian Capital Territory | $450 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Weekly rents are much higher than most areas, with a typical payment of $460. This is about the same as the ACT figure and a little above the national average. Typical monthly mortgage payments are $1,885, which is higher than most areas but a little below the territory average.
$1,885 ▼ -27.5%
Higher than 65% of suburb / locality areas.
- 2011: $2,600
- 2016: $2,000
- 2021: $1,885
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Franklin, $350–$549 is the majority at 62%; $550–$749 is next at 20%.
Monthly mortgage distribution
View on map →Franklin splits fairly evenly between $1,800–$2,999 (35%) and $1,000–$1,799 (35%), with $3,000 or more at 18%.
Owning & renting
How homes are owned or rented.
Renting is very common here, with 45.9% of households renting, which is far above the ACT and national figures. In contrast, homes owned outright make up only 10.2% of the total, a rate that is far below the territory and national averages.
45.9% ▲ +58.3%
Higher than 90% of suburb / locality areas.
- 2011: 29.0%
- 2016: 41.9%
- 2021: 45.9%
Share of occupied private dwellings that are rented.
10.2% ▲ +68.0%
Lower than 97% of suburb / locality areas.
- 2011: 6.1%
- 2016: 8.8%
- 2021: 10.2%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →Franklin splits fairly evenly between Rented (46%) and Owned with a mortgage (41%), with Owned outright at 10%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Smaller homes are more common here than in most areas, with only 60.8% of dwellings having three or more bedrooms. Detached houses make up 49.8% of the market, which is far below the national figure. This shift toward smaller homes is consistent with there being well above the national average of people per bedroom.
1.00 ▼ -9.1%
Higher than 89% of suburb / locality areas.
- 2011: 1.10
- 2016: 1.00
- 2021: 1.00
Average number of usual residents per bedroom — a crowding measure.
49.8% ▼ -39.4%
Lower than 92% of suburb / locality areas.
- 2011: 82.1%
- 2016: 50.5%
- 2021: 49.8%
Share of occupied private dwellings that are separate houses.
60.8% ▼ -30.1%
Lower than 86% of suburb / locality areas.
- 2011: 87.0%
- 2016: 65.8%
- 2021: 60.8%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Franklin, the largest group is Separate house at 50%, followed by Flat or apartment (37%) and Townhouse / semi-detached (13%).
Bedrooms per home
View on map →Franklin splits fairly evenly between 3 bedrooms (28%) and 4 bedrooms (28%), with 2 bedrooms at 24%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Franklin
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Franklin [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL80058/franklin/topic/housing-dwellings