Cygnet vs Franklin
Property investment comparison - Cygnet, TAS 7112 vs Franklin, TAS 7113
Head-to-head across core investment metrics: Cygnet wins 3, Franklin wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Cygnet | Franklin |
|---|---|---|
| Median house price | $760K | $775K |
| Median unit price | - | $380K |
| Gross rental yield (houses) | 3.39% | 3.72% |
| Gross rental yield (units) | 3.87% | 3.44% |
| 1-year house growth | +7.9% | +8.5%estimate |
| 3-year house growth | -5.0% | - |
| Vacancy rate | 0.8% | 1.1% |
| Population | 1,742 | 1,301 |
Cygnet vs Franklin: what the numbers say
The median house price is $760K in Cygnet and $775K in Franklin, so Cygnet is the cheaper entry point, with Franklin houses about 2% dearer.
On cash flow, Franklin leads: houses there return a gross rental yield of 3.72%, compared with 3.39% in Cygnet, a gap of 0.33 percentage points.
Over the past year house prices moved +7.9% in Cygnet and +8.5% in Franklin (an estimate), so recent momentum favours Franklin, although both suburbs recorded growth.
Rental vacancy is 0.8% in Cygnet and 1.1% in Franklin, so landlords in Cygnet face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Cygnet is the bigger suburb, with a population of 1,742 against 1,301, larger than Franklin; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Franklin for rental income, Cygnet for a lower purchase price, Franklin for recent price momentum, Cygnet for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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