Suburb Profile Report for Bicton WA (6157)

Bicton House: Median price $1,011,000, Annual capital growth 3.09%, Number of sales 86, Weekly median advertised rent $460

Bicton Unit: Median price $450,000, Annual capital growth 1.00%, Number of sales 43, Weekly median advertised rent $323

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

Source: CoreLogic

  • House Report
  • Unit Report

WA has seen average median house prices change by -2.50% which means that Bicton, 6157 has not done well for property investors by showing a capital gain of 14.89% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Bicton comes in at number 121th in WA.

Property investors looking for a bargain in Bicton should be aiming for at least -7.02% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Bicton have been waiting around 84.19 days to sell a property.

Property investors should expect to get $460 weekly from the median priced house in this suburb.

Over the last year, property investments in Bicton, 6157 have given investors a capital gain of -2.70%. This compares favourably with the -5.16% 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 4.65% across each of those five years.

Bicton6157 is located in WA which offers an average discount of -8.94% to property investors. Bicton itself is showing figures that indicate -6.37% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $322.5 mark per week – giving a return of 3.73% based on the median price in Suburb

Metrics i HOUSE UNIT
$1,011,000 $450,000
6.56% -3.74%
14.89% -2.70%
3.09% 1.00%
$460 $323
86 43
2.37% 3.73%
84.19 75.72

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (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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