Harrison vs Franklin

Franklin (median $985,000) is roughly 4% cheaper to buy into than Harrison ($1,025,000).

Buying in Harrison or Franklin?

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Selling in Harrison? The free selling guide

Harrison and Franklin side by side

MeasureHarrisonFranklin
Price and market
Median house$1,025,000$985,000
Median unit$520,000$498,250
Renting
House rent$480/wk$460/wk
Unit rent$450/wk$460/wk
Owner occupied53.0%52.0%
Renter occupied45.0%46.0%
Schools
Schools nearby2020
Average ICSEA10881083
Lifestyle and people
Walk score2422
Transit score10070
Bike score100100
Population8,2447,484
Median age3130
Climate
Annual rainfall612 mm612 mm
Mean max, January29.2°C29.2°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 (24/100 vs 22/100 ), 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).

Harrison vs Franklin: common questions

Is Harrison or Franklin 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 Harrison or Franklin 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, Harrison or Franklin?

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, Harrison or Franklin?

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.