Bicheno is a charming coastal town on Tasmania’s sparkling east coast, ideally positioned between Freycinet and Douglas-Apsley National Parks and within easy reach of both Hobart and Launceston. This seaside retreat is celebrated for its pristine beaches, rugged granite outcrops adorned with orange lichen, and crystal-clear waters perfect for swimming, snorkelling, and scenic walks. Wildlife enthusiasts will delight in spotting fairy penguins at dusk and exploring the marine life through glass-bottom boat tours or diving near Governor and Diamond Islands. The town’s relaxed lifestyle is complemented by a vibrant community, welcoming cafes, fresh seafood, and lively local events, making it an ideal choice for those seeking natural beauty, seaside serenity, and a warm, community-focused atmosphere.
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Bicheno property market
Bicheno, a vibrant coastal town on Tasmania’s stunning east coast, is famous for its pristine beaches, crystal-clear waters, and thriving tourism industry. Popular with holidaymakers, retirees, and sea-changers, the town offers a relaxed lifestyle paired with strong community spirit and easy access to natural attractions such as the Douglas-Apsley National Park and the iconic Bicheno Blowhole. Last month, the property market recorded 2 properties available for rent and 27 properties listed for sale, highlighting an active sales market alongside a tightly held rental sector.
Over the past year, houses in Bicheno have sold at a median price of approximately $765,000, reflecting the area’s appeal as both a lifestyle destination and a holiday investment hotspot. Many properties feature ocean views, proximity to the beach, or easy access to local cafes, shops, and the marina—attributes that continue to draw interest from local and interstate buyers.
For investors, Bicheno’s rental market offers consistent demand, particularly for short-term holiday accommodation during peak tourist seasons. Houses rent for around $400 per week, generating a gross rental yield of 3.8% per annum for long-term leases. While this yield is moderate, the strong holiday rental potential can offer higher returns for those focused on tourism-driven income streams.
In terms of capital growth, Bicheno has experienced a short-term decline, with houses recording a compound annual growth rate (CAGR) of -3.8% over the past year. This softening may present opportunities for buyers to secure property in a high-demand coastal market at more competitive prices before future growth cycles.
With its breathtaking coastline, rich marine life, and year-round tourism appeal, Bicheno remains one of Tasmania’s most sought-after seaside towns. Whether as a holiday base, retirement haven, or long-term investment, Bicheno offers an enviable blend of lifestyle and opportunity in one of the state’s most scenic locations.
Market trends
View median property prices* in Bicheno to get a better understanding of local market trends.
*Data based on sales within the 12 months to August 2025.