All About Franklin, Huon Valley, TAS, 7113

Franklin, a charming town in the Huon Valley, Tasmania, is known for its picturesque landscapes and vibrant community. The housing market in Franklin has been attracting attention due to its blend of affordability and lifestyle appeal. Many properties here offer stunning views of the Huon River and the surrounding lush countryside, making it an ideal location for those seeking a scenic and tranquil living environment. In recent years, there has been a steady demand for homes and land in Franklin, with buyers enticed by the town's natural beauty and the potential for a peaceful rural lifestyle. The mix of historical homes and newer developments provides a variety of options for potential homeowners, whether looking for a cozy cottage or a contemporary build.

Living in Franklin offers a unique combination of rural charm and community spirit. The town is renowned for its strong sense of community, emphasized through local events, markets, and festivals that celebrate the rich agricultural heritage of the Huon Valley. Residents enjoy a relaxed lifestyle, with plenty of opportunities for outdoor activities such as hiking, boating, and exploring nearby national parks. The local economy benefits from agriculture, tourism, and a growing interest in artisanal crafts and foods, reflecting the area's rich cultural tapestry. Despite its rural setting, Franklin is conveniently located just a short drive from Hobart, providing easy access to city amenities while allowing residents to return to the tranquility of country living.

Franklin Real Estate Market Outlook

Thinking about buying in Franklin? Now could not be a better time, with 702 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $504,000 with prices in this suburb ranging from $18,000 to $2,304,000. The aproximate distance to the coast is 18 Km.

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.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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