Canterbury is Melbourne's most desired outer-inner prestige village — a magnificent suburb of substantial Victorian-era homes and grand gardens where Maling Road's exquisite boutique village strip (one of Melbourne's most photographed streetscapes), extraordinarily high owner-occupier rates (60%), and the suburb's reputation as the address of Melbourne's legal and medical establishment create a micro-market of exceptional stability and consistent value growth. Canterbury properties rarely come to market; when they do, they transact quickly and at record prices. At the current $2.2m median house price, an 80% loan at 6.25% over 30 years is about $10,837 per month.
| Median house price | $2,200,000 |
|---|---|
| Median unit price | $900,000 |
| Estimated monthly repayment | $10,837 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 4.5% |
| Gross rental yield | 2.8% |
| Typical days on market | 25 |
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