Suburb Profile Report for Bicheno TAS (7215)

Bicheno House: Median price $341,000, Annual capital growth 5.18%, Number of sales 30, Weekly median advertised rent $280

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Investment property in Bicheno has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 24.00%

Bicheno,7215 was ranked 51 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Bicheno is offering property investors an average of -7.15. This rate of discount on properties puts Suburb at number 130th in terms of most discounted suburbs in TAS

In the last year 30 properties changed hands in Bicheno, which puts it as the 91th most active market in TAS when comparing the number of sales per suburb.

HOUSE UNIT
$341,000 N/A
17.59% N/A
24.00% N/A
5.18% N/A
$280 N/A
30 N/A
4.27% N/A
89.89 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 852
Median household income ($/weekly) 812
Median age of persons 52
Median housing loan repayment ($/monthly) 1083
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 83 9.7
    35-44 years 93 10.9
    45-54 years 137 16.1
    55-64 years 187 21.9
    65-74 years 130 15.2
    Others 223 26.1
    Age Group
    Census Count Percent(%)
    Registered Married 304 48.5
    Not Married 212 33.8
    Defacto Relationship 111 17.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 705 85.0
    New Zealand 8 1.0
    Papua New Guinea 16 1.9
    United Kingdom 60 7.2
    Other 14 1.7
    Others 26 3.1
    Country of Birth
    Census Count Percent(%)
    Christianity 470 59.9
    No Religion 305 38.9
    Buddhism 6 0.8
    Islam 3 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 40 12.3
    $400-$599 52 16.0
    $600-$799 46 14.2
    $800-$999 40 12.3
    $1,500-$1,999 40 12.3
    Others 106 32.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 305 43.3
    Employed, worked full-time 182 25.8
    Employed, worked part-time 161 22.8
    Employed, away from work 35 5.0
    Unemployed, looking for work 22 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 64 16.8
    Professionals 47 12.4
    Technicians & trades workers 54 14.2
    Clerical & administrative workers 34 8.9
    Labourers 90 23.7
    Others 91 23.9
    Occupation
    Census Count Percent(%)
    Pre-school 9 7.0
    Infants/Primary 62 48.4
    Secondary 28 21.9
    Technical or Further Educational Institution 14 10.9
    University or other Tertiary Institutions 9 7.0
    Others 6 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 729 96.0
    Semi-detached, row or terrace house, townhouse 11 1.4
    House or flat attached to a shop, office 9 1.2
    Caravan, cabin, houseboat 7 0.9
    Flat, unit or apartment 3 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 184 51.4
    Rented 93 26.0
    Being purchased 78 21.8
    Other tenure type 3 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals