Free full calculator โ†’
Suburb Insights ยท WA 6055

Caversham 6055, Western Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Caversham is a well-established middle-ring suburb of Perth, Australia, with a population of approximately 7,419, making it a smaller community. Located approximately 14 km from the Perth CBD, Caversham is a middle ring area in Western Australia. The median household income is $117,832 AUD per year (ABS 2021 Census).

Investment Score

82 / 100 Strong

Caversham benefits from a high-income resident base, supporting premium property pricing. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows Caversham, Western Australia, Australia.

Key Indicators

Postcode
6055

Official Australia Post postcode for Caversham. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
7,419

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$390/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$117,832/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
14 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

Find schools near Caversham on My School โ†’
Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
90% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Caversham's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $390/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,000/month. A median household income of $117,832/year supports premium property values and indicates a well-employed resident base. 90% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โœ…
Buy & Hold

With robust local demand and income levels, Caversham is a natural candidate for patient investors.

โš ๏ธ
Rental Yield

Expect competitive but not exceptional rental returns in Caversham's current market.

โŒ
Renovation / Flip

Limited buyer depth in Caversham makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Caversham property

Full Property Analysis

30-year projections for Caversham

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Caversham is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Tenants in Caversham have options โ€” presenting well-maintained properties is key to minimising vacancy. Confidence in Caversham's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is Caversham a good suburb for investment?

Caversham is a middle ring area in Western Australia with a population of 7,419. The median rent is $390/week and the median household income is $117,832/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Caversham?

Key demand drivers in Caversham include established amenities and transport access. 90% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.

What is the population of Caversham?

According to the ABS 2021 Census, Caversham has a population of approximately 7,419. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Caversham from the Perth CBD?

Caversham is approximately 14 km straight-line distance from the Perth CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

Explore Nearby Suburbs

Western Australia Property Resources