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Canterbury
AREA REPORTS

Canterbury

Canterbury - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3126

house
unit

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.

This number can mean, real estate investors could earn a rental income of $950 based on current median home prices for the suburb.

On average, rents on listings have reached the $950 mark, reflecting a 1.81% increase in returns based on the current median price in CANTERBURY.

CANTERBURY, 3126 ranks 684th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 605th on the list of best yielding suburbs for rental properties in VIC, posting a 1.81% return.

Data report can be found below

Canterbury
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,732,500 $916,500
GROWTH REPORT
Median Quarterly 1.2% -0.7%
Median 12 month -7.14% -29.17%
Median 3 years -8.92% 9.5%
Median 5 years 11.99% 0.71%
10 years average annual 5.32% 5.56%
Weekly media advert. rent $950 $495
Time on Market 61.0 days 46.3 days
Gross Rental Yield Percent 1.81% 2.81%
demographics (median values)
Total Population
7664
Weekly Household Income
1961
Household Size
2.80
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