Suburb Profile

Suburb profile for,

Bicheno, TAS

Located in the dynamic state of TAS (postcode 7215), BICHENO is a vibrant real estate market. This suburb holds a median house price of $685,000 and has demonstrated an average buying growth of Up 7.0%. Last month, 17 houses were available, with 20 transactions completed in the past year. Properties spend around 59 days on the market, reflecting the area's demand with 405 interested buyers. The average rental yield stands at 5.2%, with a weekly median rent of $370 per week and an average rent growth of Up 153.3%. Rental properties usually stay on the market for 43 days. The population in 2016 was 945, which changed by +10.90% in the past five years. The median weekly household income is $858, reflecting an income change of +1.90% over the past five years. Residents have a median age of 53 years, and the suburb has an average annual growth for houses of +15.79%. To fully take advantage of BICHENO's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in BICHENO, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Bicheno, TAS

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
TAS
Suburb
BICHENO
Postcode
7215
Median price for all dwellings
$685,000
Last 12 months growth return
Up 7.0%
Avg. dwellings for sale in the suburb every month
17
Avg. dwellings sold in the suburb in previous 12 months
20
Avg days on market for a dwelling listing to sell
59 days
Avg. number of people searching in this suburb every month
405
Avg. rental yield per annum
5.20%
Weekly median rent for all dwellings
$370 per week
Median price for all houses
$685,000
Avg. rental yield growth in the previous 12 months
5.20%
Avg. days for a rental listing to find a tennant
43 days
Total suburb population in 2016
945
Total suburb population change in 5 years up to 2016
10.90%
Avg. household income per week
$858
Median age of the population in the suburb
53
Historic avg annual growth return per annum in the suburb
15.79%

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