With a capital gain of 5.90% for the last 12 months, Bicton, 6157 has performed for property investments than its average annual 2.35% property growth over the last 5 years.
Over the longer term, Bicton has seen property prices show investors a -4.80% return over the last 3 years. This is an improvement over the last 12 months
Bicton6157 is located in WA which offers an average discount of -8.08% to property investors. Bicton itself is showing figures that indicate -7.44% is the average achievable by property buyers investing in the suburb.
At number 2349 in a list of fastest selling suburbs, Bicton is in the bottom 40% of suburbs in Australia with an average of days on market 85.71 for properties listed there.
Advertised rents are around the $460 mark per week – giving a return of 2.54% based on the median price in Suburb
With a capital gain of 2.45% for the last 12 months, Bicton, 6157 has performed for property investments than its average annual 1.21% property growth over the last 5 years.
Comparing Bicton,6157 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Bicton is offering property investors an average of -9.02. This rate of discount on properties puts Suburb at number 90th in terms of most discounted suburbs in WA
In the last year 43 properties changed hands in Bicton, which puts it as the 41th most active market in WA when comparing the number of sales per suburb.
Property investors should expect to get $335 weekly from the median priced house in this suburb.