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Bicheno, TAS 7215
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$750,000
market range $700K-$825K
Median Unit
$570,000
list-price estimate
Gross Yield (units)
4.3%
1yr Growth (houses)
-4.9%
market range -7.5% to +5.0%
Investment snapshot for Bicheno
Bicheno has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Bicheno market and investor summary
In Bicheno, TAS 7215, the median house sells for around $750K. House prices have moved -4.9% over the past year and +10.8% over three years. At 0.7% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 0.7% and a resident base that is not shrinking. Houses also take time to sell, around 81 days on market, so plan for a slower exit if you ever need one.
Living in Bicheno: people, income and schools
About 1,049 people live in Bicheno, and the area has been growing steadily, up about 8% over five years. At a median age of 54, it reads as an older, established demographic, and 74% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $54,000 a year (about $1,030 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to a steep 14.0 times local household income, so affordability is a genuine constraint on local buyers.
There is 1 school within about 5km, testing close to the national school average on ICSEA. Some errands can be done on foot, though a car still helps; the suburb scores 50 for walkability and 1 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 1,049
- +8% over 5yr
- Median age
- 54 years
- Median household income
- $54,000/yr
- Households renting
- 24%
- Family households
- 66%
- Socio-economic rank
- 2/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 964
- Unemployment
- 5.1%
- Walk score
- 50/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Bicheno
No properties currently listed in Bicheno
Search Bicheno listings →Frequently asked questions about Bicheno
What should I check before investing in Bicheno?
Bicheno has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.3% gives a usable rent-to-price starting point. Tight rental market (0.7% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Bicheno?
The median property price in Bicheno, TAS 7215 is $750K for houses.
What rental yield does Bicheno show?
The gross rental yield in Bicheno is 4.3% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Bicheno?
House prices in Bicheno are down 4.9% over the past year and up 10.8% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Bicheno?
The current vacancy rate in Bicheno is 0.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Bicheno?
Bicheno has a population of approximately 1,049 residents, with a median age of 54.
What schools are near Bicheno?
There are 1 school within roughly 5km of Bicheno. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Bicheno affordable to buy in?
A median house in Bicheno costs about 14.0 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Bicheno's population growing?
The population of Bicheno has grown about 8% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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