All About Bicton, Melville, WA, 6157

Bicton, a suburban oasis located within the City of Melville in Western Australia, is known for its appealing riverside living and rich community vibes. The housing market in Bicton reflects its desirability, with a range of property options from charming older homes to modern luxury residences, particularly along Swan River offering stunning water views. As of recent years, the market has seen moderate growth, driven by interest from both local families and investors drawn to the suburb’s appeal. Although property prices in Bicton can be on the higher end compared to other Perth suburbs, the demand is consistently buoyed by its picturesque location, reputable schools, and proximity to Fremantle and Perth’s central business district.

Living in Bicton offers a blend of tranquility and accessibility that appeals to a diverse range of residents. The suburb boasts excellent recreational facilities, including parks, golf courses, and sailing clubs, making it an attractive location for outdoor enthusiasts. Bicton’s community-oriented atmosphere is evident in its local shops, cafes, and restaurants that line its streets, fostering a strong sense of neighborhood spirit. The area’s diverse demographic mix contributes to a vibrant cultural life, where community events and markets are common. Moreover, its proximity to both the hustle of Fremantle and the amenities of Perth provides residents with a unique balance of peaceful suburban life with the convenience of city living.

Bicton Real Estate Market Outlook

Thinking about buying in Bicton? Now could not be a better time, with 4140 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,342,000 with prices in this suburb ranging from $188,000 to $5,991,000. Bicton is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Bicton ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Bicton provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Bicton requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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General Points of Interest

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