Property investors enjoyed capital gains of 17.98% over the last 12 months in BICTON, translating to lower returns compared with its peers in WA.
Figures from the previous quarter show that capital gains for real estate buyers in BICTON are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $485 based on current median home prices for the suburb.
On average, rents on listings have reached the $485 mark, reflecting a 2.4% increase in returns based on the current median price in BICTON.
BICTON, 6157 ranks 15th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 384th on the list of best yielding suburbs for rental properties in WA, posting a 2.4% return.
Property investors have seen a 0% gain in BICTON based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BICTON, 6157 saw average growth in the long term.
BICTON, 6157 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 $450,000.
Profits due to an downward trend in home prices in BICTON, 6157 averaged -4.76% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $320 based on current median home prices for the suburb.
The gross rental yield in BICTON, 6157 is 3.7%.
An average of 3.58 real estate transactions take place per month in BICTON which translates to 43 per annum.
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