Suburb Profile Report for Caversham WA (6055)

Caversham House: Median price $452,500, Annual capital growth 4.28%, Number of sales 59, Weekly median advertised rent $405

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

Source: CoreLogic

  • House Report

Property value increases in Caversham have tracked lower than the WA average of -5.25% over the last 12 months.

A 18.15% growth in median value for property investors in Caversham,6055 puts this suburb at number 307th in terms of best performing suburbs in WA

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.22% offered to property buyers. Sellers in Caversham itself are offering an average vendor discount of -7.18% to real estate investors.

At number 1848 in a list of fastest selling suburbs, Caversham is just in the top half of suburbs in Australia with an average of days on market 79.57 for properties listed there.

Using the current median advertised rental of $405 and the average annual increase in value of a median property of 4.28%, investors should hope to achieve an overall return of 4.65%

HOUSE UNIT
$452,500 N/A
-2.95% N/A
-10.84% N/A
4.28% N/A
$405 N/A
59 N/A
4.65% N/A
79.57 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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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