BICHENO 7215
State: TASPosiProp AI Investment Summary
BICHENO (TAS 7215) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.8% and has experienced a 12-month capital growth of Down -7.0%, with a median house buy price of $730,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$777,500
$706,000
$780,000
$730,000
Suburb Market Profile
Last month Bicheno had 2 properties available for rent and 20 properties for sale. Median property prices over the last year range from $730,000 for houses to $510,000 for units. If you are looking for an investment property, consider houses in Bicheno rent out for $450 PW with an annual rental yield of 3.8%. Bicheno has seen an annual compound growth rate of -7.0% for houses and -13.9% for units.
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