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 per AreaSearch's analysis of ABS population updates and new addresses validated by Feb 2026, Caversham's estimated population is around 8,899. This reflects a growth of 1,480 people since the 2021 Census, which reported a population of 7,419. The increase was inferred from AreaSearch's resident population estimate of 8,830 in Jun 2024 and additional validated new addresses since the Census date. This results in a density ratio of 756 persons per square kilometer, comparable to averages seen across locations assessed by AreaSearch. Caversham's growth rate of 19.9% since the 2021 census exceeded both national (9.9%) and state averages, marking it as a growth leader. Interstate migration contributed approximately 39.0% of overall population gains during recent periods, with all drivers being positive factors.

AreaSearch is adopting ABS/Geoscience Australia projections for Caversham's SA2 area, released in 2024 using 2022 as the base year. For areas not covered by this data and post-2032 growth estimation, AreaSearch utilises ABS Greater Capital Region projections released in 2023 based on 2022 data. Future population trends project above median growth for national statistical areas, with Caversham expected to grow by 1,700 persons to 2041, reflecting a total increase of 15.0% over the 17 years.

Recent residential development output has been above average within Caversham when compared nationally

AreaSearch analysis of ABS building approval numbers shows Caversham had around 61 dwelling approvals per year over the past five financial years, totalling approximately 306 homes. As of FY26, 19 approvals have been recorded. On average, 4.2 people moved to the area annually for each dwelling built between FY21 and FY25, indicating supply lagging demand and potential buyer competition. New properties are constructed at an average value of $518,000, suggesting a focus on premium dwellings.

Commercial development approvals totalled $11.1 million in FY26. Compared to Greater Perth, Caversham has around two-thirds the rate of new dwelling approvals per person and ranks among the 37th percentile nationally, implying limited buyer choice. Building activity consists predominantly of standalone homes (96.0%) with few townhouses or apartments (4.0%), maintaining the area's low density character.

The estimated population growth by 2041 is 1,331 residents, and current development patterns suggest new housing supply should meet demand, potentially facilitating further population growth.

Caversham has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Infrastructure changes significantly influence an area's performance. AreaSearch has identified 15 projects likely impacting the region. Notable ones include Bushmead Estate by Cedar Woods, The Avenues Caversham, Dayton Central by LWP Property Group, and Caversham Valley Primary School Expansion. Below is a list of most relevant projects.

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's workforce is highly educated with strong representation in manufacturing and industrial sectors. The unemployment rate was 3.6% as of an unspecified past year. In September 2025, the unemployment rate was 0.4% lower than Greater Perth's rate of 4.0%.

Workforce participation was higher at 76.9%, compared to Greater Perth's 71.6%. Only 7.3% of residents worked from home, possibly due to Covid-19 lockdown impacts. Major employment industries included health care & social assistance, construction, and retail trade. The area showed high specialization in transport, postal & warehousing but lower representation in education & training compared to the regional average.

Employment opportunities appeared limited locally based on Census data. Over a 12-month period ending in an unspecified date, employment increased by 1.9% while labour force grew by 2.4%, raising unemployment by 0.5 percentage points. In contrast, Greater Perth saw higher employment and labour force growth with a marginal rise in unemployment. National employment forecasts from May-25 project overall growth of 6.6% over five years and 13.2% over ten years for Caversham, varying by industry sector.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

As per AreaSearch's latest postcode level ATO data released for financial year ended June 2023, Caversham's median income among taxpayers is $71,506. The average income is $85,115. Nationally, this is extremely high. Greater Perth's median income is $60,748 with an average of $80,248. Based on Wage Price Index growth of 9.62% since financial year ended June 2023, current estimates for Caversham would be approximately $78,385 (median) and $93,303 (average) as of September 2025. According to the Census conducted in August 2021, household, family and personal incomes in Caversham rank highly nationally, between the 77th and 81st percentiles. Distribution data shows that 41.3% of locals (3,675 people) fall into the $1,500 - 2,999 income category, similar to regional levels where 32.0% occupy this bracket. High housing costs consume 16.3% of income in Caversham. Despite this, 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 latest Census showed 94.1% houses and 5.9% other dwellings, compared to Perth metro's 77.8% houses and 22.1% other dwellings. Home ownership in Caversham was 17.6%, with mortgaged dwellings at 65.8% and rented ones at 16.6%. The median monthly mortgage repayment was $2,000, higher than Perth metro's $1,907. Median weekly rent was $390 in Caversham, compared to Perth metro's $350. Nationally, Caversham's mortgage repayments exceeded the Australian average of $1,863, while rents were above the national figure of $375.

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

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

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

The area's educational profile is notable regionally, with university qualification rates at 28.0%, surpassing the SA3 area average of 19.7% and the SA4 regional rate 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 comprise 12.0% while certificates account for 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.

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

A transport analysis in Caversham found 38 active public transport stops, all serving buses. These stops are served by three routes that together provide 784 weekly passenger trips. Transport accessibility is rated good, with residents located an average of 252 meters from the nearest stop. Most residents commute outward daily. Car remains the dominant mode of transportation at 86%, while 8% use trains for their commutes. Vehicle ownership averages 1.7 per dwelling, higher than the regional average.

According to the 2021 Census, only 7.3% of residents work from home, which may reflect COVID-19 conditions. Service frequency averages 112 trips per day across all routes, resulting in approximately 20 weekly trips per individual stop.

The level of general health in Caversham is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Caversham shows superior health outcomes based on AreaSearch's evaluation of mortality rates and chronic condition prevalence. Both young and elderly residents exhibit low prevalence of common health conditions. Approximately 61% of Caversham's total population (5,427 people) has private health cover, compared to Greater Perth's 59.0%.

Nationally, this figure stands at 55.7%. The most prevalent medical conditions are asthma and mental health issues, affecting 6.9% and 6.2% of residents respectively. A total of 77.2% of residents report no medical ailments, compared to Greater Perth's 71.9%. Working-age residents display low chronic condition prevalence. Caversham has 889 residents aged 65 and over (10.0%), lower than Greater Perth's 16.3%. Health outcomes among seniors are above average, aligning with national rankings for the general population.

Caversham was found to be more culturally diverse than the vast majority of local markets in Australia, upon 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. The predominant religion in Caversham is Christianity, comprising 45.6%. Hinduism is overrepresented, making up 7.7%, compared to the Greater Perth average of 2.5%.

In terms of ancestry, the top groups are English (21.2%), Australian (20.2%), and Other (17.5%). Notably, Filipino (4.1%) and Croatian (1.3%) groups are overrepresented in Caversham compared to regional averages of 1.4% and 0.8%, respectively. Additionally, Indian ancestry is higher at 6.5%.

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

Caversham's median age is 33, which is younger than Greater Perth's figure of 37 and Australia's national average of 38 years. Compared to Greater Perth, Caversham has a higher proportion of residents aged 35-44 (20.3%) but fewer residents aged 65-74 (6.0%). This concentration of 35-44 year-olds is significantly higher than the national average of 14.3%. Between the 2021 Census and now, the proportion of Caversham's population aged 35 to 44 has increased from 18.6% to 20.3%, while the proportion of residents aged 25 to 34 has decreased from 17.3% to 14.2%. The proportion of children aged 0 to 4 has also dropped, from 10.1% to 8.8%. By 2041, significant demographic changes are projected for Caversham. The 45 to 54 age group is expected to grow the most, by 31%, adding 343 residents to reach a total of 1,438. Conversely, both the 5 to 14 and 35 to 44 age groups are projected to decrease in number.