Giving property investors a a solid capital gain of 15.82% for the last year, Bicheno, 7215 is the 552th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Bicheno has given property investors a paper return of -4.07%. This puts Suburb as 162 on a list of fastest fasting appreciating suburbs in TAS
Property investors looking for a bargain in Bicheno should be aiming for at least -4.92% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Bicheno the average time real estate has been on the market is 96.2 days.
A $275 per week rent on the median house gives suburb investors a gross yield of circa 4.49%, without taking into account capital value appreciation, which has been averaging out at 4.80%.