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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

Showing 1 of 1 investment properties found in Bicton on realestateinvestar.com.au

17/320 Canning Hwy, Bicton

$0

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You're Invited to... Contemporary Comfort in a Prime Bicton Loca

Discover the perfect blend of style, convenience, and affordability in one of Perth's most desirable riverside suburbs. Positioned within the revitalised 320 Canning Highway complex, this beautifully presented 1 bedroom, 1 bathroom ground-floor apartment offers modern living in a premium Bicton ...

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WA 6157


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