Bicton, WESTERN-AUSTRALIA Real Estate & Suburb Profile

About Bicton Real Estate

Bicton is an affluent riverside suburb of Perth, Western Australia, located 10 kilometres (6.2 mi) south-west of the central business district. The suburb is mostly residential, and falls within the City of Melville local government area. Bicton borders the Swan River to the north, with the northern third of the suburb taken up by a Class-A reserve at Point Walter.
Originally settled in the 1830s, when a large vineyard was established, Bicton was mainly rural until the subdivision of the former Bicton Racecourse, beginning in 1919. Further subdivisions of the Castle Hill area in 1921 established the suburb as a middle-class area of Fremantle. Bicton underwent further expansion after the conclusion of World War II. Now with a large demographic of business owners and high net worth individuals, Bicton is considered one of the most affluent riverside suburbs in Perth.

Property Investment Potential

When analyzing the local real estate landscape, Bicton presents a dynamic opportunity. With median property prices sitting around $1,683,000 and delivering an average rental yield of 2%, the area caters nicely to both owner-occupiers and savvy investors. Properties typically spend an average of 27 days on the market, underscoring the consistent demand in this part of Western Australia. For accurate financial planning, check out our investment calculators to estimate your potential returns.