At number 3798th in the list of Australian suburbs ordered by increase in median house value over the last year, Bicton, 6157 is in the BOTTOM 10% with a property value increase of -9.28% recorded in median house prices.
Over the longer term, Bicton has seen property prices show investors a -1.12% return over the last 3 years. This is worse than over the last 12 months
Bicton6157 is located in WA which offers an average discount of -8.21% to property investors. Bicton itself is showing figures that indicate -9.19% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Bicton the average time real estate has been on the market is 83.76 days.
The WA suburb of Bicton, 6157 is in the Melville local government area.
If you compare the increase in value of investment property in Bicton, 6157 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -3.16%.
Taking the average capital gain, or increase in median house value, Bicton,6157 has racked up an average of -3.16% over the period. This ranks it number 1387th 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 -6.34% . 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 76.9 days.
Bicton is 86th on a list of best yielding suburbs for rents in WA with a 3.96% return