At number 864th in the list of Australian suburbs ordered by increase in median house value over the last year, Canterbury, 2193 is in the top 30% with a property value increase of 14.70% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Canterbury has increased when compared to the 5 year average annual rate.
NSW has seen average median house prices change by 8.01% which means that Canterbury, 2193 has done well for property investors by showing a capital gain of 2.70% over the last year
Canterbury,2193 has offered an average of 2.70% return per annum in house price rises to property investors over the last three years.
At number 101th of NSW’s most discounted properties, Canterbury is in the bottom 30% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Canterbury being $694450 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 4.12%