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Investment Property Canterbury, VIC, 3126

Suburb Snapshot

Canterbury is a suburb in the Boroondara Region of Victoria. Canterbury has a population of 8,052 people and 18.75% of its occupants live in rental accommodation. The median listing price for houses is $2,850,000 and this has changed -7.17% over the past year and changed -1.73% over 2 years.

The median rent in Canterbury for houses is $1,100 per week and the median rental yield is 2.00%. Stock on the market for houses/townhouses has changed 21.21% compared to last year and the average time to sell a house/townhouse is 62 days.The median listing price for units is $839,500 and this has changed -11.40% over the past year. The average unit takes 75 days to sell and the median rent for a unit in Canterbury is $600 per week, producing a rental yield of 3.71%.

Supply & Demand in Canterbury, Boroondara

0.71%

Current vacancy rate


23

Rental stock available


8,052

Population


18.75%

Rental population


0.94%

Current vacancy rate


797

Rental stock available


167,232

Population


26.89%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Canterbury, Boroondara

  House Townhouses Units
Median listing price $2,850,000 $1,995,000 $839,500
Median price change - last quarter 3.57% 4.95% 3.65%
Median price change - 1 year -7.17% NA -11.40%
Median price change - 2 years -1.73% NA -10.22%
  House Townhouses Units
Median weekly rent $1,100 NA $600
Median yield % 2.00% NA 3.71%
Median rent change - 1 year -8.34% NA 3.44%
  House Units
Previous month sales 4 1
Stock on market previous month 40 6
Stock variance vs. last year 21.21% -53.85%
Average days on market 62 75

Canterbury investment property listings

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