Bicton has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -14.42% to date .
The five-year average increase in median property values for Bicton,6157 has given property investors a potential capital gain of -1.11% across each of those five years.
Our latest figures would indicate that property sellers in Bicton are currently offering property investors an average price cut of -9.09% below the asking price at the moment.
Renters in Suburb are facing rents around $6060 per annum or $505 every week.
Property investors who have had real estate in Bicton, 6157 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.05%
While Bicton,6157 ranked number 52th in WA for increase in median house value (annualised) increase, it is ranked 35th over the last 5 years.
At number 48th of WA’s most discounted properties, Bicton is in the middle of the state/territory when listing in order of most discounted to least.
Situated 11.21km from the CBD, Bicton is one of Melville localities in the postcode 6157.