Get a property report and suburb profile for any property in Caversham

Caversham is a semi-rural suburb on Perth's northern fringe, with open paddocks, hobby farms and a mix of established family neighbourhoods and newer housing estates. It sits beside Whiteman Park and the Swan Valley, so weekends often centre on outdoor recreation, wildlife encounters and visits to vineyards and markets. Houses tend to be on larger blocks than inner suburbs, suiting people who need space for vehicles, workshops or horses, and local shops and schools cover everyday needs.

The community is weighted towards families, with couple families with children the largest group at 56.4%, and owner-occupiers make up 83.5% of homes. Caversham is now served by the METRONET Morley–Ellenbrook rail line via Whiteman Park station, and a tram extension, precinct and education projects are under way. Major road interchange works also have funding and construction contracts in place. Whether it suits you will come down to how much you value space and proximity to outdoor attractions.

At the current median house price of $952,500, buying a house in Caversham works out to about 8.1 times a typical local household's annual income at the last Census, which sits in the well above local incomes band.

Renting is also a notable share of local income: an average house rent of $800 a week would take about 35.3% of a typical local household's weekly income at the last Census, a sizeable share. If you're renting rather than buying, that rent share is the number that matters, and whether it feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Over the past 12 months the median house value in Caversham rose 12.5%, a strong increase, while house rents climbed 6.7%, a solid gain. In other words, the price side of the house market moved more strongly than rental income over the year, so the recent performance for houses has been driven more by capital growth than by rent growth. Which of those matters to you depends on whether your priority is capital appreciation or regular rental income.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.