Suburb Profile Report for Caversham WA (6055)

Caversham House: Median price $450,000, Annual capital growth 2.48%, Number of sales 60, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Caversham, 6055 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -9.46%.

Comparing Caversham,6055 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Caversham is offering property investors an average of -8.21. This rate of discount on properties puts Suburb at number 287th in terms of most discounted suburbs in WA

In the last year 60 properties changed hands in Caversham, which puts it as the 198th most active market in WA when comparing the number of sales per suburb.

A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.62%, without taking into account capital value appreciation, which has been averaging out at 2.48%.

HOUSE UNIT
$450,000 N/A
-0.55% N/A
-9.46% N/A
2.48% N/A
$400 N/A
60 N/A
4.62% N/A
68.03 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
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Demographics
Total population 2693
Median household income ($/weekly) 1400
Median age of persons 34
Median housing loan repayment ($/monthly) 1842
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 385 14.3
    25-34 years 396 14.7
    35-44 years 428 15.9
    45-54 years 368 13.7
    55-64 years 291 10.8
    Others 825 30.6
    Age Group
    Census Count Percent(%)
    Registered Married 929 48.4
    Not Married 769 40.1
    Defacto Relationship 222 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1790 70.3
    Indonesia 65 2.6
    Papua New Guinea 104 4.1
    United Kingdom 193 7.6
    Other 119 4.7
    Others 275 10.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 56 2.3
    Christianity 1713 69.5
    Hinduism 31 1.3
    Islam 26 1.1
    No Religion 634 25.7
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 67 8.3
    $1,000-$1,249 73 9.0
    $1,250-$1,499 69 8.6
    $1,500-$1,999 136 16.9
    $2,000-$2,499 97 12.0
    Others 365 45.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 872 44.1
    Not in the labour force 554 28.0
    Employed, worked part-time 390 19.7
    Employed, away from work 107 5.4
    Unemployed, looking for work 53 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 150 11.0
    Professionals 170 12.4
    Technicians & trades workers 256 18.7
    Clerical & administrative workers 229 16.7
    Labourers 152 11.1
    Others 412 30.1
    Occupation
    Census Count Percent(%)
    Pre-school 37 6.3
    Infants/Primary 256 43.8
    Secondary 170 29.1
    Technical or Further Educational Institution 60 10.3
    University or other Tertiary Institutions 53 9.1
    Others 9 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2328 91.5
    Caravan, cabin, houseboat 118 4.6
    Semi-detached, row or terrace house, townhouse 95 3.7
    Improvised home, tent, sleepers out 3 0.1
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 467 51.9
    Fully owned 252 28.0
    Rented 178 19.8
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals