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ABS 2021 Census · Updated 21 May 2026
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 per year.
Caversham benefits from a high-income resident base, supporting premium property pricing. Close CBD access strengthens tenant appeal and resale value.
Official Australia Post postcode for Caversham. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 2 schools within or near this suburb.
Find schools near Caversham on My School →Estimated 3 parks and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Caversham's population of 7,419 sits 32% above the Western Australia suburb median of 5,605, giving it a wider tenant and buyer catchment than the average WA locality. Median household income of $117,832/year runs 18% above the Western Australia suburb median of $99,736, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Rent of $390/week (85% coverage of the $2,000/month median mortgage) leaves a gap of roughly $310/month that a typical investor bridges with negative gearing, depreciation and capital growth. 14 km from Perth places Caversham in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.
Middle-ring locations like this one historically reward patient holders — focus on homes near catchment-zone schools and major transport. Local rents consume roughly 17% of household income — a useful sanity check on tenant affordability.
How Caversham stacks up against the median of all Western Australia suburbs in our dataset. Positive values mean Caversham sits above the state median; negative means below.
| Metric | Caversham | WA median | Δ vs state |
|---|---|---|---|
| Population | 7,419 | 5,605 | +32% |
| Median household income | $117,832/yr | $99,736/yr | +18% |
| Median rent (weekly) | $390 | $350 | +11% |
| Median mortgage (monthly) | $2,000 | $1,902 | +5% |
| Distance to CBD | 14 km | 20 km | -30% |
| Separate houses | 90% | 79% | +11pp |
Pre-inspection briefing for Caversham — every item is derived from public datasets, with full citations in our data sources page.
Strong buy-and-hold fundamentals: household incomes run 18% above the Western Australia suburb median ($117,832 vs $99,736), and the 14 km CBD distance keeps this suburb in the primary demand zone. In Western Australia, suburbs with this profile have historically clustered in the upper tercile of 10-year capital growth.
Strong rental coverage: $390/week (~$1,690/month) covers 85% of the $2,000/month median mortgage repayment, so the shortfall sits at just $310/month. Investors targeting positive cash flow should shortlist this suburb.
A dwelling mix skewed to houses (90% vs 79% WA median) combined with a population of 7,419 creates a deeper market for value-add renovations — older stock, separate titles and stronger buyer competition are the usual pattern here.
Run the numbers on a Caversham property
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Create free account →Caversham enters 2026 with a demographic tailwind — household incomes 18% above the Western Australia suburb median of $99,736 and a population of 7,419 give it the depth and purchasing power to outperform the wider WA market over the next 12–18 months. Rental coverage runs at ~85% of the typical mortgage ($1,690/month rent vs $2,000/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 82/100 places Caversham in the top tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.
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Caversham scores 82/100 on our EquitySight investment framework — a strong rating. That score is driven by a population of 7,419, median household income of $117,832/year and median weekly rent of $390. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Caversham are proximity to Perth (14 km), an above-state-median household income of $117,832/year, a dwelling mix that is 90% separate houses, roughly 2 schools and 3 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Caversham has a usual resident population of approximately 7,419, compared with a Western Australia suburb median of 5,605 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Caversham sits 14 km straight-line from the Perth CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.
The most recent census recorded a median weekly rent of $390 in Caversham, equating to approximately $20,280/year in gross rental income (state median $350/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Caversham is $2,000, or approximately $24,000/year (vs $1,902/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $390 works out to $1,690/month, covering 85% of the median mortgage repayment of $2,000/month. That leaves a $310/month shortfall (around $3,720/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are interest-rate sensitivity on the $2,000 median mortgage, the broader Western Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.