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 #45 of 274 houses in Melbourne. The long-term structural outlook is Average. Rental yield is compressed at 2.0%.
Canterbury Price History
All houses · monthly median sale price
Market Intelligence
What's Happening Now
Shifting to BuyersEarly signs of easing. Monitor for entry.
-14.6%
Asking Prices (3mo)
+48.1%
Rents (12mo)
0.9%
Vacancy
60%
Fresh Stock (<30d)
House Asking Prices (12 months)
$3.72M
House Weekly Rents (12 months)
$2,004/wk
Vacancy Rate (24 months)
--- 1.5% tight--- 3.0% loose
Listing Age (12 months)
Fresh (<30d)30-60d60-90d90-180d180d+
Data for postcode 3126.
Suburb Profile
Canterbury at a Glance
SEIFA Index
10/10
Most advantaged
Household Income
$2,875/wk
Median household
Median Age
46
Years
Mortgage Stress
28%
of income
Population Growth
-0.2%
vs state +2.2%
Ownership Mix
45.5%owned31.3%mortgage20.7%renting
Demographic Trends
Canterbury Over Time
Median Household Income (Census)
Population Growth Rate (Census)
Dwelling Composition (Census)
Rental Yield History
Census data: ABS. Yield series: weekly market data.
Full Canterbury Analysis
Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.
3-Year Structural OutlookStrong
Conviction LevelHigh
Fair Value GapX.X% undervalued
3-Bed House Price$X,XXX,XXX
Gross YieldX.X%
Weekly Rent$XXX
SEIFA DecileX/10
Building ApprovalsXX dwellings
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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).