Canterbury has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 2.31% to date .
Over the longer term, Canterbury has seen property prices show investors a 47.78% return over the last 3 years. This is worse than over the last 12 months
On average over the past year, suburb has had 2.75 sales per month, which equates to 33 per year.
If you compare the increase in value of investment property in Canterbury, 2193 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 4.48%.
Across a shorter period, Canterbury, 2193 has seen a median price increase of 0.09% over the last quarter.
The most recent median price for Canterbury is $700000, with sellers offering an average of -5.39% off the asking price.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 4.09%, without taking into account capital value appreciation, which has been averaging out at 7.50%.