Powered by MOMENTUM MEDIA
AREA REPORTS

Bicheno

Suburb Profile

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

house

A 12.99% increase in median property prices in BICHENO, 7215 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 46th.

A steady increase in median property prices over a five-year period in the suburb translates to a 24.29% 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 $435,000

The augmented property values in the suburb are trailing above the territorial average of 8.02% in 2016.

Home owners selling their properties and realtors in BICHENO usually have to wait an average of 23.4 days days before their assets are lifted off the market.

The TAS suburb ranks 182nd on the list of best yielding suburbs for rental properties in TAS, posting a 0% return.

It also places places 29th 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 $435,000 N/A
GROWTH REPORT
Median Quarterly 5.84% N/A
Median 12 month 12.99% N/A
Median 3 years 24.29% N/A
Median 5 years 43.8% N/A
10 years average annual 7.04% N/A
Weekly media advert. rent N/A N/A
Time on Market 23.4 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
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Scott Morrison

Government urged to provide stimulus for building sector

As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...

Does Australia need to provide lower-cost housing?

A growing number of Australians are being forced to live in high-density apartments, which is having an impact on future prosperity and cohe...

property

‘Earlier than expected’ recovery pinpointed for property

A real estate group says some positive signs are beginning to emerge within Australia’s property market. ...

Brisbane property market

Property market update: Brisbane, April 2020

How is the Brisbane property market faring amid the “new normal” that resulted from the COVID-19 outbreak? ...

INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Building portfolio resilience in the wake of COVID-19

While social distancing regulations have begun to ease and the property market is showing glimpses of recovery, Right Property Group’s Vic...

Perth

Perth recovery takes COVID-19 hit

While signs were pointing to the start of a housing market recovery for Perth earlier this year, the knock-on effects of COVID-19 have impac...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.