Canterbury is one of the most tightly held addresses in the inner east, and its numbers reflect a market where buyers are paying for position rather than bedrooms. Three and four-bedroom houses both carry a median around $2.83m, which tells you land and location are doing the pricing, not the room count. The three-bedroom home clears the strongest here, at close to eight in ten.
At the very top, five-bedroom homes near $3.93m are sitting around ten weeks on market with four in ten selling under the hammer, so the trophy end clearly asks for patience.
There is a downsizer path too, with two-bedroom units near $875,000 clearing at around three in four. For owners of the grand family homes the suburb is known for, the buyers are affluent and deliberate, and a price built on genuine recent sales is what carries a campaign in a market this considered.
Median sale price for houses in Canterbury is $3,165,000, down 2.3% from last year.
Median sale price for units in Canterbury is $950,000, up 1.3% from last year.
Properties sold for houses in Canterbury is 114, down 10.2% from last year.
Properties sold for units in Canterbury is 35, up 2.9% from last year.
Auction clearance for houses in Canterbury is 64.5%, down 1.3% from last year.
Auction clearance for units in Canterbury is 82.6%, up 6.2% from last year.
Av days on market for houses in Canterbury is 57, up 26.7% from last year.
Av days on market for units in Canterbury is 45, down 2.2% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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