Franklin vs Harrison
Franklin (median $985,000) is roughly 4% cheaper to buy into than Harrison ($1,025,000).
Buying in Franklin or Harrison?
Selling in Franklin? The free selling guide
Franklin and Harrison side by side
| Measure | Franklin | Harrison |
|---|---|---|
| Price and market | ||
| Median house | $985,000 | $1,025,000 |
| Median unit | $498,250 | $520,000 |
| Renting | ||
| House rent | $460/wk | $480/wk |
| Unit rent | $460/wk | $450/wk |
| Owner occupied | 52.0% | 53.0% |
| Renter occupied | 46.0% | 45.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1083 | 1088 |
| Lifestyle and people | ||
| Walk score | 22 | 24 |
| Transit score | 70 | 100 |
| Bike score | 100 | 100 |
| Population | 7,484 | 8,244 |
| Median age | 30 | 31 |
| Climate | ||
| Annual rainfall | 612 mm | 612 mm |
| Mean max, January | 29.2°C | 29.2°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Harrison scores higher on walkability (22/100 vs 24/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Harrison (1088) sits above Franklin (1083).
- For buyers
- Franklin is the lower entry point at $985,000 median, 4% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Harrison offers the higher gross rental yield (2.44% vs 2.43%), favouring cash-flow investors.
- For families
- Harrison edges out on average school ICSEA (1088 vs 1083).
Franklin vs Harrison: common questions
Is Franklin or Harrison cheaper to buy in?
Franklin has the lower median house price at $985,000, roughly 4% below Harrison ($1,025,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Franklin or Harrison have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Harrison scores 1088 vs 1083 in Franklin. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Franklin or Harrison?
Harrison scores 24/100 on walkability vs 22/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Franklin or Harrison?
Gross rental yield on houses is 2.44% in Harrison vs 2.43% in Franklin. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
Keep comparing
The two suburbs
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Choosing between Franklin and Harrison?
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