24/2 Manning Clark Cres, Franklin ACT 2913

24/2 Manning Clark Cres, Franklin ACT 2913
2-bedroom unit in Franklin | 89mยฒ with dual parking | complex showing mixed capital growth | strong owner-occupier tenure This unit presents a rare configuration advantage for Franklin: 89 square metres with two dedicated parking spaces, which positions it well above the median 2-bedroom floorplan and gives it a functional edge for couples or small families. The building’s 90% owner-occupier rate signals stable tenure and lower turnover risk compared to investor-heavy blocks. The property sits within catchment for Franklin School and Harrison School, both within walking distance, which supports sustained demand from young households. It is best suited to a buyer seeking a long-term hold in a well-located, low-density complex rather than short-term capital gains. The most material risk is the complex’s inconsistent sales history-unit 16 lost value over two years while unit 36 grew modestly, suggesting individual floorplan and aspect matter more than building performance. The median days on market in Franklin sits at 79, so a quick resale is not guaranteed. Buyers should negotiate hard on the listing price given the estimated value of $511,000 and the lack of auction clearance data. The opportunity lies in securing a larger-than-average unit with dual parking in a predominantly owner-occupied building, which historically holds value better in softer markets. Hold this property for at least five to seven years and treat it as a lifestyle-driven purchase with moderate capital upside rather than a high-growth play.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Franklin presents a compelling proposition for family and professional buyers, driven by strong employment links and its position within high-performing school catchments. Demand is sustained by population growth and a tight housing market, supporting robust capital gains for houses, though units offer higher rental yields to investors. Future growth is underpinned by ongoing infrastructure investment, yet affordability constraints and sensitivity to interest rates present notable headwinds for entry-level buyers and investors.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

1.54 acres

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