Atlaso rates Canterbury houses as HOLD. Average growth outlook. Vacancy remains tight at 1.37%, but short-term momentum is weakening. Better houses options may be available in Melbourne.
At $3.29M, Canterbury ranks #41 of 263 houses in Melbourne. The long-term structural outlook is Average. Rental yield is compressed at 2.0%.
Atlaso rates Canterbury as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Canterbury and 46 Australian cities to generate this rating.
What is the median house price in Canterbury?
The current median house price in Canterbury, vic is $3.29M, with annual growth of +12.5%. Properties sell in approximately 27 days.
How fast do properties sell in Canterbury?
Properties in Canterbury sell in 27 days on average. The market is currently rated Average. This is in line with the broader market.
What is the growth outlook for Canterbury?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Canterbury's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Canterbury?
The gross rental yield for houses in Canterbury is 2.0%. This is below average, typical of capital-growth focused suburbs where prices have outpaced rents.
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).