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 $775 per week and the median rental yield is 3.10%. Stock on the market for houses/townhouses has changed 8.57% compared to last year and the average time to sell a house/townhouse is 71 days.The median listing price for units is $499,000 and this has changed 40.56% over the past year. The average unit takes 60 days to sell and the median rent for a unit in Bicton is $550 per week, producing a rental yield of 5.73%.

Supply & Demand in Bicton, Melville

0.44%

Current vacancy rate


14

Rental stock available


6,575

Population


21.88%

Rental population


0.57%

Current vacancy rate


269

Rental stock available


98,078

Population


20.56%

Rental population


0.63%

Current vacancy rate


7,731

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 NA $499,000
Median price change - last quarter 0.00% 1.08% 12.67%
Median price change - 1 year 36.84% NA 40.56%
Median price change - 2 years 19.26% NA 75.39%
  House Townhouses Units
Median weekly rent $775 $650 $550
Median yield % 3.10% NA 5.73%
Median rent change - 1 year 0.00% 18.18% 10.00%
  House Units
Previous month sales 13 4
Stock on market previous month 38 8
Stock variance vs. last year 8.57% 100.00%
Average days on market 71 60

Bicton investment property listings

0 found properties in Bicton on realestateinvestar.com.au

Navigate to more Suburbs, Regions or States