AREA REPORTS

Canterbury

 

 

NSW/
Canterbury

Suburb Profile

Canterbury - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2193

house
unit

CANTERBURY, 2193 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $1,202,500.

Profits due to an downward trend in home prices in the suburb averaged -1.34% per annum over a 3-year period.

CANTERBURY now ranks at the 1227th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in CANTERBURY are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $600 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CANTERBURY, homes and units usually stay on listing for an average of 88.8 days.

In 2016, 49 properties were sold in CANTERBURY during the past year, making it the 399th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,202,500 $695,000
GROWTH REPORT
Median Quarterly -7.5% 0%
Median 12 month -12.23% 0.72%
Median 3 years -4.03% 6.92%
Median 5 years 54.17% 24.11%
10 years average annual 9.07% 8.1%
Weekly media advert. rent $600 $500
Time on Market 88.8 days 86.4 days
Gross Rental Yield Percent 2.59% 3.74%
demographics (median values)
Total Population
5415
Weekly Household Income
1008
Household Size
2.70
demographics
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