Canterbury, NSW
UNDERVALUED6,559 sales · 36 years of data · NSW, Australia
Canterbury, NSW Property Market Overview
Canterbury, NSW, postcode 2193, is a well-established suburb in Sydney, offering a mix of housing options and convenient access to the city. Our analysis covers 36 years of property sales data, encompassing a total of 6,559 recorded sales. The current median property price in Canterbury across all property types sits at $827,500.
Canterbury's property market presents a diverse range of options, with houses currently having a median price of $1,950,000 and apartments at $720,000. This difference reflects the mix of housing stock available. The suburb's historical growth, combined with its location, makes it a notable area for property market analysis. The suburb is known for its multicultural community and proximity to amenities.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Canterbury
Top streets in Canterbury, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Fore St | $1,970,000 |
| 2 | Jeffrey St | $12,500,000 |
| 3 | Canterbury Rd | $1,280,000 |
| 4 | Close St | $815,000 |
... and 91 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Broughton St | $6,118/m² |
| 2 | Jeffrey St | $19,368/m² |
| 3 | Minter St | $7,066/m² |
| 4 | Charles St | $6,040/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Minter St | +5.9% |
| 2 | Fore St | +7.5% |
| 3 | Fore St | +5.4% |
| 4 | Minter St | +4.3% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 4 Broughton St | $720,000 |
| 2 | 11 Rome St | $840,000 |
| 3 | 277 Canterbury Rd | $788,000 |
| 4 | 2 A Cooks Ave | $785,000 |
... and 266 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Canterbury analysis
95 streets and 270 buildings to explore
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Canterbury at a Glance
Canterbury, NSW
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Local Amenities
Living in Canterbury, NSW
Living in Canterbury offers a blend of urban convenience and community feel. The suburb is home to several schools, including Canterbury Girls High School and Canterbury Boys High School, making it attractive to families. Canterbury also boasts its own train station, providing easy access to Sydney CBD and other parts of the city.
Residents can enjoy a range of amenities, including Canterbury Plaza for shopping and dining options. Parks like Tasker Park offer green spaces for recreation and relaxation. The suburb's multicultural atmosphere contributes to its vibrant character, with a variety of cuisines and cultural events adding to the local flavour. Canterbury's location along the Cooks River also provides scenic walking and cycling paths.
Who Buys in Canterbury?
Canterbury attracts a diverse range of buyers, including first home buyers, families, and investors. The suburb's relatively affordable apartment prices, with a median of $720,000, make it appealing to those entering the property market. The high percentage of strata properties (56.9%) also caters to those seeking low-maintenance living. Families are drawn to Canterbury due to its schools and parks. The historical CAGR figures, while not indicative of future performance, may attract investors looking for long-term growth potential.
Market Analysis
Currently, Canterbury's property market cycle position is below its long-term trend, indicating it's in undervalued territory. This cycle position signifies that property prices in Canterbury are, at this point in time, lower than what historical trends would suggest. This assessment is based on a comprehensive analysis of past sales data and market movements.
Understanding the cycle position is crucial for interpreting Canterbury's market dynamics. While the specific deviation from the trend is a premium data point, the fact that it's considered undervalued suggests potential for future growth if historical patterns repeat. However, potential buyers and sellers should always conduct their own due diligence and consider all market factors.
Is Canterbury a Good Investment?
Canterbury's property market has demonstrated consistent growth over the long term, with a full-period CAGR of 4.9% over 36 years. The 10-year and 20-year CAGRs also indicate a history of value appreciation. These figures, combined with Canterbury's convenient location and amenities, contribute to its appeal.
Currently, Canterbury's property cycle position is below its long-term trend, placing it in undervalued territory. This suggests that, based on historical trends, there may be potential for price growth. However, potential buyers and sellers should conduct thorough research and consider all market factors before making any decisions. The mix of apartments and houses in Canterbury also caters to a broad range of budgets and lifestyle preferences, contributing to the suburb's overall market dynamics.
Canterbury Market Outlook
As of early 2026, Canterbury's property market is currently positioned below its long-term trend. Recent price trends reflect this cycle position, indicating that properties in Canterbury may be undervalued relative to historical averages. This situation presents a snapshot of the market as of early 2026, but market conditions can change rapidly and should be continuously monitored.
Streets & Location in Canterbury, NSW
Canterbury, located in postcode 2193, features a variety of residential streets, with CLOSE ST, JEFFREY ST, and ROME ST showing some of the highest median prices. The suburb benefits from its proximity to essential amenities and transport links. With a total of 95 streets, Canterbury offers diverse living environments, each with its unique character and accessibility.
Market Dynamics
The average settlement time for properties in Canterbury is currently around 62 days, reflecting standard transaction timeframes in the Sydney property market. Due to the nature of the property market, quick-flip percentage data is not available. These dynamics provide insights into the liquidity and movement of properties within Canterbury, offering a snapshot of buyer and seller activity.
Development & Density
Canterbury features a significant number of apartment buildings, with 270 recorded, reflecting a trend towards higher-density living. The suburb's housing composition includes a mix of houses and apartments, with apartments accounting for a substantial proportion of the property market, as indicated by the strata percentage. This development density contributes to Canterbury's diverse housing options and its appeal to different types of residents.
Growth & Property Mix
Over the long term, Canterbury's property market has demonstrated steady growth. The suburb has experienced a 10-year compound annual growth rate (CAGR) of 2.1%, increasing to 4.0% over 20 years. Looking at the entire 36-year data period, Canterbury shows a CAGR of 4.9%. These figures, combined with the suburb's mix of 56.9% apartments versus houses, provide context for understanding the historical performance of the Canterbury property market.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.