Caversham

Caversham lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends

As of November 2025, Caversham's population is estimated at around 8,649 people. This reflects an increase of 1,230 people since the 2021 Census, which reported a population of 7,419 people. The change is inferred from the resident population of 8,647 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 125 validated new addresses since the Census date. This level of population equates to a density ratio of 735 persons per square kilometer. Caversham's growth rate of 16.6% since the 2021 census exceeded the national average of 8.9%. Population growth was primarily driven by interstate migration, contributing approximately 39.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For areas not covered by this data, AreaSearch utilises growth rates by age cohort provided by the ABS in its latest Greater Capital Region projections (released in 2023, based on 2022 data). Looking at population projections moving forward, Caversham is expected to increase by 1,699 persons to reach a total of 10,348 by 2041, reflecting an overall gain of 18.4% over the 17 years.

AreaSearch assessment of residential development activity positions Caversham among the top 25% of areas assessed nationwide

Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Caversham has averaged around 56 new dwelling approvals each year. An estimated 281 homes were approved over the past five financial years, between FY-21 and FY-25, with an additional 14 approved so far in FY-26. This results in approximately 4.5 new residents arriving per year per dwelling constructed during these years.

Consequently, demand significantly exceeds new supply, which typically leads to price growth and increased buyer competition. The average value of new dwellings developed is $518,000, slightly above the regional average, indicating a focus on quality developments. In FY-26, there have been $11.2 million in commercial approvals, demonstrating moderate levels of commercial development.

Compared to Greater Perth, Caversham has around two-thirds the rate of new dwelling approvals per person and ranks among the 55th percentile of areas assessed nationally. Recent development has consisted entirely of standalone homes, maintaining the area's traditional low density character with a focus on family homes appealing to those seeking space. Currently, Caversham reflects a transitioning market with around 286 people per approval. Looking ahead, Caversham is expected to grow by 1,592 residents through to 2041, according to the latest AreaSearch quarterly estimate. At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.

Caversham has strong levels of nearby infrastructure activity, ranking in the top 40% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 14 projects that may impact the area. Notable ones include Bushmead Estate by Cedar Woods, The Avenues Caversham, Dayton Central by LWP Property Group, and Caversham Valley Primary School Expansion. The following list details those likely to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

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Employment performance in Caversham exceeds national averages across key labour market indicators

Caversham has a well-educated workforce with strong representation in manufacturing and industrial sectors. The unemployment rate was 3.3% as of the past year, with an estimated employment growth of 3.9%.

By June 2025, 4,975 residents were employed at an unemployment rate of 0.5% below Greater Perth's rate of 3.9%, and workforce participation was 72.7%, compared to Greater Perth's 65.2%. Employment is concentrated in health care & social assistance, construction, and retail trade. Notably, transport, postal & warehousing has employment levels at 1.5 times the regional average, while education & training has limited presence with 7.1% employment compared to 9.2% regionally. The area offers limited local employment opportunities, as indicated by Census data comparing working population and resident population.

Over a 12-month period ending Sep-22, employment increased by 3.9%, labour force grew by 4.3%, causing unemployment rate to rise by 0.3 percentage points in Caversham, compared to Greater Perth's respective changes of 3.7%, 3.8%, and 0.1 percentage points. National employment forecasts from Sep-22 project a growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Caversham's employment mix suggests local employment should increase by 6.2% over five years and 13.2% over ten years, based on simple weighting extrapolation for illustrative purposes only.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

Caversham's median income among taxpayers was $71,506 in financial year 2022. The average income stood at $85,115 during the same period. These figures compare to Greater Perth's median and average incomes of $58,380 and $78,020 respectively. Based on a Wage Price Index growth rate of 14.2% since financial year 2022, current estimates suggest Caversham's median income would be approximately $81,660 and the average income around $97,201 as of September 2025. Census data shows that household, family, and personal incomes in Caversham rank between the 77th and 81st percentiles nationally. Income brackets indicate that the largest segment comprises 41.3% earning between $1,500 and $2,999 weekly (3,572 residents), which is consistent with broader trends across the broader area showing 32.0% in the same category. High housing costs consume 16.3% of income in Caversham, but strong earnings place disposable income at the 80th percentile nationally. The area's SEIFA income ranking places it in the 6th decile.

Caversham is characterized by a predominantly suburban housing profile, with ownership patterns similar to the broader region

Caversham's dwelling structure, as per the latest Census, consisted of 94.1% houses and 5.9% other dwellings. Compared to Perth metro's 89.1% houses and 10.9% other dwellings, Caversham had a higher proportion of houses. Home ownership in Caversham was at 17.6%, with mortgaged dwellings at 65.8% and rented ones at 16.6%. The median monthly mortgage repayment was $2,000, above Perth metro's average of $1,842. Weekly rent in Caversham was $390, higher than Perth metro's $340. Nationally, Caversham's mortgage repayments exceeded the Australian average of $1,863, while rents were higher than the national figure of $375.

Caversham features high concentrations of family households, with a higher-than-average median household size

Family households account for 81.7% of all households, consisting of 47.5% couples with children, 23.8% couples without children, and 9.2% single parent families. Non-family households make up the remaining 18.3%, with lone person households at 16.0% and group households comprising 2.6% of the total. The median household size is 3.0 people, which is larger than the Greater Perth average of 2.8.

The educational profile of Caversham exceeds national averages, with above-average qualification levels and academic performance metrics

The area's educational profile is notable with university qualification rates at 28.0% for residents aged 15+, surpassing the SA3 area average of 19.7% and the SA4 region average of 24.3%. Bachelor degrees are most prevalent at 19.3%, followed by postgraduate qualifications (6.0%) and graduate diplomas (2.7%). Vocational credentials are also prominent, with 37.9% of residents aged 15+ holding such qualifications - advanced diplomas at 12.0% and certificates at 25.9%.

Educational participation is high, with 31.3% of residents currently enrolled in formal education. This includes 12.7% in primary education, 7.1% in secondary education, and 4.5% pursuing tertiary education. The area's educational provision includes Caversham Valley Primary School and Youth Futures Community School (Caversham), collectively serving 677 students. It demonstrates typical Australian school conditions with balanced opportunities (ICSEA: 1040). Educational institutions are conventionally split between one primary and one secondary institution. School places per 100 residents stand at 7.8, lower than the regional average of 15.6, indicating some students may attend schools in nearby areas. Note that where school enrolments show 'n/a', refer to the parent campus for accurate figures.

Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

The analysis of public transport in Caversham shows that there are currently 31 active transport stops operating within the area. These stops serve a mix of bus routes, with three individual routes providing service to them collectively. The total number of weekly passenger trips facilitated by these routes is 615.

The accessibility of transport in Caversham is rated as good, with residents typically located an average of 253 meters from the nearest transport stop. The service frequency averages out to 87 trips per day across all routes, which equates to approximately 19 weekly trips per individual stop.

Caversham's residents boast exceedingly positive health performance metrics with younger cohorts in particular seeing very low prevalence of common health conditions

Caversham's health outcomes data shows excellent results, with younger age groups having a very low prevalence of common health conditions. Approximately 61% of Caversham's total population (5,275 people) have private health cover, compared to Greater Perth's 54.1%. Nationally, the average is 55.3%.

The most prevalent medical conditions in Caversham are asthma and mental health issues, affecting 6.9% and 6.2% of residents respectively. 77.2% of residents report being completely free from medical ailments, compared to Greater Perth's 72.6%. Caversham has a lower percentage of seniors aged 65 and over (9.5%, or 821 people) than Greater Perth (12.6%). However, health outcomes among seniors in Caversham require more attention than the broader population.

Caversham is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Caversham's cultural diversity is notable, with 32.9% speaking a language other than English at home and 39.2% born overseas. Christianity is the predominant religion, practiced by 45.6%. Hinduism is overrepresented compared to Greater Perth, comprising 7.7% versus 3.4%.

The top three ancestry groups are English (21.2%), Australian (20.2%), and Other (17.5%). Filipino (4.1%) and Croatian (1.3%) are notably more prevalent than the regional averages of 2.4% and 0.9%, respectively, while Indian is also overrepresented at 6.5%.

Caversham's young demographic places it in the bottom 15% of areas nationwide

Caversham's median age is 33, which is lower than Greater Perth's figure of 37 and Australia's figure of 38. Compared to Greater Perth, Caversham has a higher proportion of residents aged 35-44 (20.4%) but fewer residents aged 65-74 (5.8%). This concentration of 35-44 year-olds is significantly higher than the national average of 14.2%. Between the 2021 Census and the present, the proportion of Caversham's population in the 35 to 44 age group has increased from 18.6% to 20.4%, while the 25 to 34 age group has decreased from 17.3% to 14.7%. The proportion of residents aged 0 to 4 has also dropped, from 10.1% to 9.0%. By 2041, population forecasts indicate substantial demographic shifts in Caversham. The 45 to 54 age group is projected to grow by 38%, adding 394 residents and reaching a total of 1,441. Conversely, the 35 to 44 age group is expected to decrease by 22 residents.