Over the last year, property investments in Bicton, 6157 have given investors a capital gain of 2.08%. This compares very favourably with the -3.78% for WA as a whole.
Across a shorter period, Bicton, 6157 has seen a median price increase of 6.83% over the last quarter.
Bicton, 6157 is offering WA ‘s 169th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this WA.
Advertised rents are around the $450 mark per week – giving a return of 2.55% based on the median price in Suburb
Property value increases in Bicton have tracked just higher than the WA average of -4.49% over the last 12 months.
Taking the average capital gain, or increase in median house value, Bicton,6157 has racked up an average of -2.13% over the period. This ranks it number 1409th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Bicton 6157 should be seeing an average reduction in asking price of around -5.60% . This means that Bicton is holding prices well when compared to other suburbs in WA.
Often selling an investment property can take time, and in Bicton the average time real estate has been on the market is 59.38 days.
Bicton is 88th on a list of best yielding suburbs for rents in WA with a 3.90% return