At number 207th in the list of Australian suburbs ordered by increase in median house value over the last year, Canterbury, 2193 is in the top 10% with a property value increase of 22.66% recorded in median house prices.
If we look at median property appreciation over just the last three months, Canterbury has given property investors a paper return of -0.40%. This puts Suburb as 958 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Canterbury 2193 should be seeing an average reduction in asking price of around -2.03% . This means that Canterbury is holding prices well when compared to other suburbs in NSW.
Advertised rents are around the $595 mark per week – giving a return of 2.49% based on the median price in Suburb
Property value increases in Canterbury have tracked just lower than the NSW average of 8.14% over the last 12 months.
Comparing Canterbury,2193 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Canterbury should be aiming for at least -5.08% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $480 mark per week – giving a return of 3.69% based on the median price in Suburb