Download your FREE reports now!

Investment Property Bicton, WA, 6157

Suburb Snapshot

Bicton is a suburb in the Melville Region of Western Australia. Bicton has a population of 6,575 people and 21.88% of its occupants live in rental accommodation. The median listing price for houses is $1,300,000 and this has changed 36.84% over the past year and changed 19.26% over 2 years.

The median rent in Bicton for houses is $780 per week and the median rental yield is 3.12%. Stock on the market for houses/townhouses has changed -15.38% compared to last year and the average time to sell a house/townhouse is 67 days.The median listing price for units is $400,000 and this has changed 12.67% over the past year. The average unit takes 62 days to sell and the median rent for a unit in Bicton is $550 per week, producing a rental yield of 7.15%.

Supply & Demand in Bicton, Melville

0.60%

Current vacancy rate


19

Rental stock available


6,575

Population


21.88%

Rental population


0.52%

Current vacancy rate


245

Rental stock available


98,078

Population


20.56%

Rental population


0.61%

Current vacancy rate


7,509

Rental stock available


2,474,414

Population


23.98%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Bicton, Melville

  House Townhouses Units
Median listing price $1,300,000 $697,500 $400,000
Median price change - last quarter 0.00% 1.08% 12.67%
Median price change - 1 year 36.84% 29.16% 12.67%
Median price change - 2 years 19.26% 36.76% 48.14%
  House Townhouses Units
Median weekly rent $780 $650 $550
Median yield % 3.12% 4.84% 7.15%
Median rent change - 1 year 3.31% 22.64% 10.00%
  House Units
Previous month sales 2 3
Stock on market previous month 33 10
Stock variance vs. last year -15.38% 100.00%
Average days on market 67 62

Bicton investment property listings

0 found properties in Bicton on realestateinvestar.com.au

Navigate to more Suburbs, Regions or States