AREA REPORTS

Bicheno

Suburb Profile

Bicheno - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7215

house

A steady increase in median property prices over a five-year period in the suburb translates to a 29.31% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $375,000

The augmented property values in the suburb are trailing behind the territorial average of 10.51% in 2016.

Home owners selling their properties and realtors in BICHENO usually have to wait an average of 73.7 days days before their assets are lifted off the market.

The TAS suburb ranks 142nd on the list of best yielding suburbs for rental properties in TAS, posting a 0% return.

It also places places 142nd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $375,000 N/A
GROWTH REPORT
Median Quarterly -1.45% N/A
Median 12 month 7.14% N/A
Median 3 years 29.31% N/A
Median 5 years 56.25% N/A
10 years average annual 3.95% N/A
Weekly media advert. rent N/A N/A
Time on Market 73.7 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
639
Weekly Household Income
561.8
Household Size
2.10
demographics
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