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Canterbury Suburb Insights
VICLocation Information
Suburb Name
Canterbury, VIC
Distance from CBD
8.2 kmDemographics
Population
7,233
Median Income
$34,632
Area Information
Area
1.96 km²
Population Density
3690 people/km²
Property Market
Median Price
$540,253
Annual Growth
+18%Property Price Trend Analysis
Current Median Price
$540,253
Annual Growth
+18%
Quarterly Growth
+3.7%
Price Trends - Last 6 Months
2024-01
$374,308
+5.2%2024-02
$648,156
+7.5%2024-03
$542,461
+7.3%2024-04
$800,627
+14.5%2024-05
$554,492
+9%2024-06
$455,448
+12%Property Type Price Analysis
House
Median Price
$987,036
Growth Rate
+11%Available Listings
194 properties
Apartment
Median Price
$496,802
Growth Rate
+12%Available Listings
817 properties
Townhouse
Median Price
$442,427
Growth Rate
+11.1%Available Listings
55 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy