AREA REPORTS

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 $1,325,000.

Profits due to an upward trend in home prices in the suburb averaged 10.18% per annum over a 3-year period.

CANTERBURY now ranks at the 1058th 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 $625 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 68.0 days.

In 2016, 31 properties were sold in CANTERBURY during the past year, making it the 656th 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 $1,325,000 $682,250
GROWTH REPORT
Median Quarterly -3.28% -0.22%
Median 12 month -7.21% -1.55%
Median 3 years 30.54% 3.37%
Median 5 years 72.08% 27.52%
10 years average annual 9.19% 7.8%
Weekly media advert. rent $625 $530
Time on Market 68.0 days 93.7 days
Gross Rental Yield Percent 2.45% 4.04%
demographics (median values)
Total Population
5415
Weekly Household Income
1008
Household Size
2.70
demographics
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