If you compare the increase in value of investment property in Bicton, 6157 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this WA suburb was 17.98%.
Bicton,6157 has offered an average of 17.98% return per annum in house price rises to property investors over the last three years.
Bicton, 6157 is offering WA ‘s 215th 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.
At number 1959 in a list of fastest selling suburbs, Bicton is just in the bottom half of suburbs in Australia with an average of days on market 73.09 for properties listed there.
Renters in Suburb are facing rents around $5820 per annum or $485 every week.
Over the last year, property investments in Bicton, 6157 have given investors a capital gain of -2.17%. This compares favourably with the -4.34% for WA as a whole.
Comparing Bicton,6157 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -9.13% offered to property buyers. Sellers in Bicton itself are offering an average vendor discount of -6.86% to real estate investors.
The WA suburb of Bicton, 6157 is in the Melville local government area.