WA has seen average median house prices change by -4.17% which means that Bicton, 6157 has not done well for property investors by showing a capital gain of -7.28% over the last year
Over the longer term, Bicton has seen property prices show investors a -6.52% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Bicton is giving property investors an average Vendor Discount of around -7.88%. This puts suburb at number 193th in WA when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Bicton the average time real estate has been on the market is 73.93 days.
Situated 10.80km from the CBD, Bicton is one of Melville localities in the postcode 6157.
Over the last year, property investments in Bicton, 6157 have given investors a capital gain of -4.17%. This compares averagely with the -5.10% for WA as a whole.
The five-year average increase in median property values for Bicton,6157 has given property investors a potential capital gain of 5.50% across each of those five years.
Property buyers and investors in Bicton 6157 should be seeing an average reduction in asking price of around -6.33% . This means that Bicton is holding prices well when compared to other suburbs in WA.
Renters in Suburb are facing rents around $4200 per annum or $350 every week.