Suburb Profile Report for Bicheno TAS (7215)

Bicheno House: Median price $318,500, Annual capital growth 4.80%, Number of sales 34, Weekly median advertised rent $275

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

Source: CoreLogic

  • House Report

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%.

Metrics i HOUSE UNIT
$318,500 N/A
-4.07% N/A
15.82% N/A
4.80% N/A
$275 N/A
34 N/A
4.49% N/A
96.2 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Bicheno TAS
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