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Caversham, WA 6055

Home » WA Real Estate Data » City of Swan, WA » Caversham, WA 6055

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Caversham, WA 6055 located in Perth to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Caversham, WA 6055”

  1. The total adult population (15 years or older) of Caversham 6055 WA is 5,526, with a median age of 33. Of those, 55.16% are married, 9.86% are divorced or separated, 32.46% are single and 2.50% are widowed.

    The average household size is 3.0 people per dwelling, and the median household monthly income is estimated to be $9,692. The median monthly mortgage repayment for households in this suburb is $2,000 which is 20.64% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in WA, the suburb of Caversham 6055 is a bustling community comprised of approximately 3163 households. As the property market intersects Q3 2023, the typical house prices within this area stand at an attractive $568,944. Paired with a median weekly rent fetch of $529, this results in an indicative yield of 4.83%, curating a particularly advantageous market for cashflow-focused investors.

    Bolstering the financial attractiveness of Caversham 6055 is an IRSAD score of 1026 out of 1217 – a strong indication of the socio-economic prosperity within the area. Contributing to its appeal is a lower renter to owner ratio of 16% signalling a stable and predominantly resident-oriented community. Furthermore, the suburb displays an optimal units to houses ratio of a straight 0%, illustrating less competition among landlords for prospective tenants and thereby preserving high rental yields.

    Affordability in Caversham 6055 is a distinctive feature with the index settling at 23 years. This essentially reflects that residents within the area can potentially fully own a property well below the standard duration of a 30-year mortgage. In terms of supply metrics, the stock on market Percentage for houses is at a neutral 0.92%, indicating a balanced and healthy level of supply. Correspondingly, the inventory level for houses over a 12-month period averages to a desirable 2.95 months, suggesting a steady absorbency in the property market for new listings.

    Despite building approvals Ratio for houses resting slightly above the favourable range at 2.5%, it’s important to note that having some metrics in the unfavourable ranges isn’t alarming if majority of the other metrics are positively aligned, as we can see in this instance. Average number of days on market for houses is neatly tucked at 44, somewhere in-between the high and low demand margins, while an extremely low vacancy rate of 0.39% projects a high demand with a limited supply creating potential opportunities for higher rents.

    However, a buy search index for houses at 3 slightly hints at a limited demand for buying properties. But as we navigate through the constant real estate fluctuations, we also cannot disregard the various other positive metrics pointing towards the overall attractiveness of Caversham 6055 as an advantageous investment locale. Keeping one eye on the market trends and the other on metrics such as HtAG Analytics’ Relative Composite Score can empower investors to make well-informed decisions based on an all-encompassing analytical approach.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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