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Bicheno suburb profile

Bicheno is a picturesque coastal town on Tasmania's east coast, renowned for its stunning beaches, crystal-clear waters, and abundant marine life. This charming seaside destination is a popular spot for tourists and locals alike, offering a relaxed lifestyle with a focus on outdoor activities such as fishing, diving, and exploring the nearby Freycinet National Park. Bicheno is also famous for its nightly penguin tours, where visitors can observe little penguins returning to their burrows. With its vibrant community, scenic landscapes, and rich natural attractions, Bicheno is a delightful place to visit or call home.

Bicheno property market performance

Bicheno's property market has remained static over the past 12 months, with no change in median house or unit values. The median house price and unit price both stand at $0, indicating a lack of recent sales data for units and a stagnant market for houses. Over the last 12 months, only 9 houses have been sold, with no unit sales recorded, reflecting limited market activity.

Houses in Bicheno are taking a significant amount of time to sell, with a median of 154 days on the market, suggesting a slow-moving market. The unit market remains inactive, with no sales or days on market data available.

Despite the stagnant sales market, the rental market for houses in Bicheno has seen a notable increase, with average rent rising by 21.6% over the last 12 months to $450. The unit rental market remains inactive, with no change in rent prices.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-14.9%N/A
Sold
Past 3 months
9N/A
Median days on market
Past 12 months
154N/A
Average rent
Past 12 months
$450N/A
Change in rent
Past 12 months
21.6%N/A

5 year median price trend for houses and units

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Bicheno demographics

Bicheno, a picturesque coastal town on Tasmania's east coast, is renowned for its stunning beaches, natural attractions, and relaxed lifestyle. With a population of just over 1,000, it offers a tight-knit community atmosphere, making it an ideal location for those seeking tranquility and a slower pace of life. The median age of 54 indicates a mature population, with many residents likely enjoying retirement or semi-retirement in this scenic locale.

The housing landscape in Bicheno is characterized by a high rate of outright home ownership, with over half of the properties owned outright. This suggests a stable community with long-term residents who have settled into the area. Additionally, 23% of properties are owned with a mortgage, while 24.4% are rented, providing a mix of housing options for both permanent residents and those seeking temporary stays.

Family structures in Bicheno are predominantly couple families without children, making up 62.5% of the family demographic. This is reflective of the suburb's appeal to older couples and retirees. However, there is still a presence of couple families with children and one-parent families, contributing to a diverse community fabric. The median household income is modest, aligning with the town's laid-back lifestyle and the employment opportunities available in the region, which are often centered around tourism, hospitality, and local services.

Bicheno infrastructure, key developments and investment opportunities

Bicheno’s local amenity continues to be anchored by its coastal village character, strong tourism appeal and proximity to Freycinet National Park, which support short-stay accommodation demand and underpin investor interest in holiday homes.[4][6] Its role as a fishing port and established beach resort, along with easy access to regional centres via the Tasman Highway, enhances long-term lifestyle appeal and helps sustain property values.[5][6]

There are currently no widely reported major new infrastructure projects, transport upgrades or school redevelopments specific to Bicheno beyond ongoing tourism promotion and environmental management initiatives.[5][6][8] As a result, recent movements in the local property market are driven more by broader demand for coastal lifestyle locations, limited housing supply and the town’s existing amenities, rather than by new large-scale development.[2][7]

Bicheno rental market trends

The rental market in Bicheno has experienced significant growth, with house rents increasing by 21.6% over the past year to $450 per week. However, unit rents have remained unchanged at $0, indicating a potential lack of available units. Bicheno's scenic coastal location and growing popularity make it an attractive option for renters seeking a tranquil lifestyle.

Suburbs near Bicheno

Some popular suburbs near Bicheno include:

How does Bicheno compare to nearby suburbs?

  • House price growth: Property prices in nearby Coles Bay have risen 4.7% more than in Bicheno over the past year.
  • Selling speed for houses: Properties in Bicheno are selling 42.1% faster than in Coles Bay.

Common questions about Bicheno

  • Is Bicheno a nice place to live?

    Bicheno is a charming and peaceful coastal suburb that offers a delightful lifestyle for those who appreciate natural beauty and a close-knit community. Known for its stunning beaches and crystal-clear waters, Bicheno provides a serene environment that is perfect for relaxation and outdoor activities. The suburb's proximity to Freycinet National Park adds to its appeal, offering residents and visitors alike the opportunity to explore breathtaking landscapes and engage in activities such as hiking and bird watching. The vibrant community spirit is evident in the local events and gatherings that bring people together, making it a welcoming place for families and individuals seeking a tranquil lifestyle.

    Families considering a move to Bicheno will find a safe and supportive environment, although the suburb's demographic leans towards older couples and retirees. The presence of couple families with children and one-parent families ensures a diverse community fabric, which is enriched by the area's focus on tourism and hospitality. While Bicheno may not offer the bustling nightlife or extensive shopping options of larger towns, it compensates with its natural attractions and the simple pleasures of coastal living. The trade-off for living in such a picturesque location is the limited availability of new infrastructure projects and transport upgrades, which means residents may need to travel to nearby regional centers for certain amenities.

    Overall, Bicheno is a delightful place to live for those who value a slower pace of life, surrounded by nature and a strong sense of community. The suburb's charm lies in its ability to offer a peaceful retreat while still providing essential amenities and a welcoming atmosphere for families and individuals alike. Whether you're looking to retire by the sea or raise a family in a safe and scenic environment, Bicheno presents a unique and appealing option.

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  • Is it expensive to live in Bicheno?

    Living in Bicheno, a charming coastal town in Tasmania, can be considered relatively affordable, especially when compared to larger cities. The median total household income in Bicheno is around $1,030 per week, which is lower than the Tasmania state average wage of approximately $95,000 per year for full-time adults. This suggests that the local earnings are somewhat below the state average, which can impact the overall affordability for residents.

    Interestingly, the current CoreLogic data shows no median house or unit prices for Bicheno, which might indicate a limited property market or a lack of recent sales data. However, for those looking to rent, the average rent for houses over the last year is about $450 per week. This rental price is quite reasonable, especially when compared to the higher rents found in more populated areas.

    Overall, while Bicheno offers a picturesque lifestyle with its beautiful beaches and relaxed atmosphere, the cost of living, particularly in terms of rent, is relatively moderate. If you're considering living in Bicheno, it's important to weigh the local income levels against the rental costs to ensure a comfortable financial situation.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Bicheno a good place to invest?

    Bicheno presents an intriguing opportunity for investors, particularly those interested in rental income. While the median house and unit values have remained stable over the past year, the rental market tells a different story. House rents have surged by an impressive 21.6%, indicating strong demand from tenants. This could be a sign that more people are looking to rent in Bicheno, possibly due to its coastal charm and lifestyle appeal.

    The stability in property values might not scream rapid capital growth, but it does suggest a level of resilience in the market. For investors, this means less volatility and a more predictable investment environment. The lack of change in unit rents and values suggests that the market for units is currently more stable, which could appeal to those looking for a steady, low-risk investment.

    Overall, Bicheno's appeal lies in its potential for generating rental income, especially from houses. The significant increase in house rents could offer a lucrative opportunity for investors seeking strong rental yields. While it may not be the place for quick capital gains, Bicheno's stable property values and rising rental demand make it a worthwhile consideration for those looking to invest in a picturesque coastal setting.

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Choose the right real estate agents in Bicheno

In Bicheno ,12 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 83.3% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2.25% and 3.13%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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