Bicton at a glance
7,602
People
$1,810,000
Median sale
$701/wk
Median rent
2.01%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
$1,600,000
Last sold
12 Mar 2024
2
Bedrooms
1
Bathrooms
2
Car spaces
1,068 m²
Land
107 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,600,000
12 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Bicton (last 5 years) with land size have a median of $3,065/m² of land (n=80). Districts calculation from recorded sales — not a valuation.
Bicton at a glance
7,602
People
$1,810,000
Median sale
$701/wk
Median rent
2.01%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Bicton
-11.6%
Median sale
Suburb $1,810,000
+0.27 pp
Gross yield
Suburb 2.01%
Suburb median $1,810,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,068 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $701/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,068 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Bicton at a glance
7,602
People
$1,810,000
Median sale
$701/wk
Median rent
2.01%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Salt Property Group58 Fifth Street is truly is a rare opportunity for a double block size of prime real estate in Bicton. This property is a wise investment choice and the Buyer will without a doubt reap the benefits now and into the future due to the lifestyle Bicton has to offer.
Perfectly positioned on 1068 square meters of land with a street frontage of 22.4 meters. The ground work has already been done for you with pre-approval to sub-divide already in place subject to Survey-Strata Plan and is valid until 1st April 2024. (document available on request)
The original 1950's cottage with two bedrooms plus a studio or 3 bedroom is currently tenanted for those wanting to invest now and build later.
Featuring:
• 1952 Cottage with 2 beds, 1 bath and a studio or 3rd bedroom
• Level 1068sqm block with a 22.4m frontage
• Zoned R20 - Suitable for subdivision to create two blocks (STCA)
• Outstanding rebuild, development or renovation potential
Lifestyle in Bicton:
Only a 3 minute drive or short walk to the iconic Bicton Baths Reserve (Swan River)
A quick 10 minute drive and you're in the City of Fremantle
Point Walter Golf Course
East Fremantle Cricket Club
Blackwall Reach Reserve
Schools:
Bicton Primary School
Our Lady of Fatima School
Mel Maria Catholic Primary School - St Joseph Pignatelli Campus
Santa Maria College
Melville Senior High School
Property Details:
Lot: 476
Plan: 4549
Volume/Folio: 1164/433
Local Council:
City of Melville
Important information:
Council - $1642.48 per annum
Water - $1083.39 per annum
Land - 1068 m2
Zoning - R20
This property is currently tenanted on a periodic lease at $500 p/week.
Call Georgia Vasiliou 0404 903 669 for further information on this amazing opportunity in the heart of Bicton!
Listing description written by Georgia Vasiliou, Salt Property Group — reproduced as published, not verified by Districts.