Suburb Profile Report for Bicton WA (6157)

Bicton House: Median price $942,500, Annual capital growth 2.35%, Number of sales 79, Weekly median advertised rent $460

Bicton Unit: Median price $460,000, Annual capital growth 1.21%, Number of sales 43, Weekly median advertised rent $335

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$942,500 $460,000
5.90% 0.00%
5.90% 2.45%
2.35% 1.21%
$460 $335
79 43
2.54% 3.79%
85.71 73.72

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 6348
Median household income ($/weekly) 1573
Median age of persons 44
Median housing loan repayment ($/monthly) 2283
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 741 11.7
    25-34 years 686 10.8
    35-44 years 840 13.2
    45-54 years 992 15.6
    55-64 years 848 13.4
    Others 2241 35.3
    Age Group
    Census Count Percent(%)
    Registered Married 2363 50.4
    Not Married 1857 39.6
    Defacto Relationship 464 9.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4476 73.0
    Papua New Guinea 140 2.3
    South Africa 71 1.2
    United Kingdom 740 12.1
    Other 198 3.2
    Others 508 8.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 80 1.4
    Christianity 4078 69.4
    Islam 20 0.3
    Other Religious Groups 24 0.4
    No Religion 1649 28.0
    Others 28 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 211 9.1
    $800-$999 181 7.8
    $1,500-$1,999 251 10.9
    $2,500-$2,999 315 13.6
    $3,000-$3,499 178 7.7
    Others 1177 50.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1983 38.8
    Not in the labour force 1761 34.4
    Employed, worked part-time 1050 20.5
    Employed, away from work 198 3.9
    Unemployed, looking for work 123 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 505 15.6
    Professionals 1021 31.6
    Technicians & trades workers 397 12.3
    Community & personal service workers 299 9.3
    Clerical & administrative workers 489 15.1
    Others 521 16.1
    Occupation
    Census Count Percent(%)
    Pre-school 81 5.7
    Infants/Primary 523 36.8
    Secondary 343 24.2
    Technical or Further Educational Institution 106 7.5
    University or other Tertiary Institutions 343 24.2
    Others 24 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4300 74.4
    Semi-detached, row or terrace house, townhouse 931 16.1
    Flat, unit or apartment 549 9.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1006 39.9
    Being purchased 793 31.4
    Rented 706 28.0
    Other tenure type 17 0.7
    Tenure Type
Census 2011, ABS
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