Bicton is a mid-sized suburb in Western Australia within the Melville local government area (postcode 6157). With a population of 6,961, the suburb has a mature demographic with a median age of 45. Households earn a median income of $104K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Bicton is $1.2 million, having surged 17.7% over the past year. Units have a median price of $585,000 (+12.5% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,383.
Bicton is served by 1 school, including 1 primary. The average ICSEA score is 1113, which is well above the national average of 1,000. Public transport access includes 22 bus stops.
From an investment perspective, Bicton offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($1.2M/$951K). The price-to-income ratio of 11.3x is considered stretched. House prices have moved +17.7% year-on-year.
Bicton is a mid-sized suburb in Western Australia within the Melville local government area (postcode 6157). With a population of 6,961, the suburb has a mature demographic with a median age of 45. Households earn a median income of $104K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Bicton is $1.2 million, having surged 17.7% over the past year. Units have a median price of $585,000 (+12.5% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,383.
Bicton is served by 1 school, including 1 primary. The average ICSEA score is 1113, which is well above the national average of 1,000. Public transport access includes 22 bus stops.
From an investment perspective, Bicton offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($1.2M/$951K). The price-to-income ratio of 11.3x is considered stretched. House prices have moved +17.7% year-on-year.