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Canterbury, NSW 2193
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$2,100,000
market range $2M-$2.1M
Median Unit
$755,000
market range $675K-$800K
Gross Yield (houses)
2.2%
1yr Growth (houses)
+6.7%
market range -2.5% to +20.0%
Investment snapshot for Canterbury
Canterbury has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Canterbury market and investor summary
Canterbury (NSW 2193) runs a median house price of $2.1M, with houses yielding a gross 2.2%. House prices have moved +6.7% over the past year. At 1.7% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.2% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.7% and a resident base that is not shrinking.
Living in Canterbury: people, income and schools
About 9,430 people live in Canterbury, a number that has held fairly steady over five years. The median age is 34, broadly working-age, and families account for 69% of households.
Households here earn a median of about $98,000 a year, or roughly $1,880 a week. On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 21.5 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 31% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 121 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 9.8 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 71 for walkability and 52 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 9,430
- +6% over 5yr
- Median age
- 34 years
- Median household income
- $98,000/yr
- Households renting
- 48%
- Family households
- 69%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 121
- avg ICSEA 1061
- Unemployment
- 4.1%
- Distance to CBD
- 9.8 km
- Walk score
- 71/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Canterbury
View all →Frequently asked questions about Canterbury
What should I check before investing in Canterbury?
Canterbury has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +6.7% in the past year shows positive recent price momentum. Tight rental market (1.7% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Canterbury?
The median property price in Canterbury, NSW 2193 is $2.1M for houses and $755K for units.
What rental yield does Canterbury show?
The gross rental yield in Canterbury is 2.2% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Canterbury?
House prices in Canterbury are up 6.7% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Canterbury?
The current vacancy rate in Canterbury is 1.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Canterbury?
Canterbury has a population of approximately 9,430 residents, with a median age of 34.
What schools are near Canterbury?
There are 121 schools within roughly 5km of Canterbury. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Canterbury affordable to buy in?
A median house in Canterbury costs about 21.5 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Canterbury's population growing?
The population of Canterbury has grown modestly, about 6% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Canterbury from the CBD?
Canterbury is about 9.8 km from the CBD.
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