8/75 Elizabeth Jolley Cres, Franklin ACT 2913

2 bed, 2 bath, 2 park | 90m² internal | building median $490k | 60% owner-occupied | no inspections scheduled The combination of two dedicated parking spaces with a 90m² internal layout is genuinely uncommon in Franklin’s newer apartment stock, giving this unit a functional edge over most competing listings. With 60% owner-occupancy in the building and a median unit price of $490,000 for the suburb, this property sits at a slight premium to the building’s recent 2-bedroom sales of $490k and $500k, but those sold at a discount to current asking. The configuration suits a first-home buyer or investor seeking a hold position in a young, high-demand corridor with strong school catchment access. The primary risk is the 10-day market exposure with no scheduled inspections, which suggests either pricing above buyer tolerance or limited urgency from the vendor. Recent building sales show flat to negative annual growth for 2-bedroom units, meaning capital appreciation is not guaranteed in the short term. The $479,000+ price point is above Domain’s $455,000 estimate, so a buyer should negotiate toward the $455k–$465k range to align with market evidence. Hold this property for rental yield at $580/week or as a long-term home in a stable suburban block.