Giving property investors a a poor capital gain of -3.56% for the last year, Bicton, 6157 is the 3428th highest performer in Australia in this respect.
Across a shorter period, Bicton, 6157 has seen a median price increase of 0.00% over the last quarter.
Vendor discounting in Bicton is giving property investors an average Vendor Discount of around -7.54%. This puts suburb at number 212th in WA when ranking the most discounted suburbs.
Bicton is 370th on a list of best yielding suburbs for rents in WA with a 2.66% return
Over the last year, property investments in Bicton, 6157 have given investors a capital gain of -1.87%. This compares favourably with the -4.86% for WA as a whole.
Taking the average capital gain, or increase in median house value, Bicton,6157 has racked up an average of -1.87% over the period. This ranks it number 1417th in the whole country for real estate investors looking at median house price increases.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.71% offered to property buyers. Sellers in Bicton itself are offering an average vendor discount of -5.75% to real estate investors.
Often selling an investment property can take time, and in Bicton the average time real estate has been on the market is 64.91 days.
Advertised rents are around the $340 mark per week – giving a return of 3.84% based on the median price in Suburb