Caversham at a glance
9,143
People
$920,000
Median sale
$662/wk
Median rent
3.74%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
$630,000
Last sold
27 Mar 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
527 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$630,000
27 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Caversham (last 5 years) with land size have a median of $1,922/m² of land (n=113). Districts calculation from recorded sales — not a valuation.
Caversham at a glance
9,143
People
$920,000
Median sale
$662/wk
Median rent
3.74%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Vs Caversham
-31.5%
Median sale
Suburb $920,000
+1.72 pp
Gross yield
Suburb 3.74%
Suburb median $920,000 from 60 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 527 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $662/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 527 m² — that is not official geometry.
Nearby development pipeline
Area
Caversham at a glance
9,143
People
$920,000
Median sale
$662/wk
Median rent
3.74%
Suburb gross yield
Median sale from 60 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HKY Real EstateIf you are looking for your first home or an investment property on a bigger block, you should consider 23 Simla Place, Caversham. This is a great way to get your foot into this increasingly competitive market.
With a land size of 527sqm, this spacious and practical 3 bedroom 2 bathroom home overlooking Simla Park is a perfect all-rounder offering great multiple internal living areas with plenty of room for outdoor entertaining. You and your family should never run out of space!
Features inside include a master bedroom with ensuite and walk in robe, the remaining 2 bedrooms are also a good size. The spacious open plan area features the living, dining, and kitchen areas. The cook's kitchen includes a cook top, oven and extractor, an Omega dishwasher, and a kitchen pantry.
And if you are looking for MORE ROOM for the family – the front theatre/lounge is a perfect place to enjoy movie nights with your family and friends. With an additional formal dining room which will be great for meals with family and friends or alternatively, it could be used as a study.
For added security & summer comfort, the home comes with security screens to the front entrance, alfresco and laundry with roller shutters to the front windows. Continue to stay cool inside with ducted evaporative air conditioning throughout. There is additional reverse cycle air conditioning in the open plan area that can cool you during humid days and warm you during the colder winter months.
Features outside include a spacious patio which is perfect for entertaining all year round and a good-sized garden for kids or pets to run around and not forgetting the large garden shed.
Conveniently located a short drive from the Caversham Valley Primary School, Coles Caversham, and with easy access to the Reid, Tonkin, Great Eastern and Great Northern highways, and the world class wineries and cafés in the Swan Valley.
This one is not to be missed!
Standout Features:
• Sizeable master bedroom, featuring ensuite and walk in robe
• Bedroom 2
• Bedroom 3 with wardrobe
• Separate theatre/living
• Formal dining
• Open plan living, dining and kitchen
• Kitchen with cook top, oven, an Omega dishwasher and kitchen pantry
• Laundry
• Linen
• Ducted evaporative air conditioning
• 1 x split system air conditioning to open plan
• Ceiling fan to master and open plan living
• Roller shutters to front windows
• Security screens to front entrance, alfresco and laundry
• Spacious patio area
• Good size back garden
• Large garden shed
• Double garage
The particulars are supplied for information only and shall not be taken as a representation of the seller or its agent as to the accuracy of any details mentioned herein which may be subject to change at any time without notice. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Zarina Brodie, HKY Real Estate — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.