Investment property in Canterbury has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.10%
A 87.71% growth in median value for property investors in Canterbury,2193 puts this suburb at number 709th in terms of best performing suburbs in NSW
Advertised rents are around the $640 mark per week – giving a return of 2.42% based on the median price in Suburb
Giving property investors a an average capital gain of 2.20% for the last year, Canterbury, 2193 is the 960th highest performer in Australia in this respect.
The five-year average increase in median property values for Canterbury,2193 has given property investors a potential capital gain of 26.62% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Canterbury, 2193. Typically our figures indicate that -4.58% is being offered, which puts this NSW suburb at 888th most discounted overall in Australia.