Boroondara · 3126

Canterbury, VIC

listings tightening 6.0% YoY, population +7.8% (5y).

NextSuburb scoreTier C
45Average
Median house
$714k
5y growth
-9.0%/yr
Gross yield
3.8%
Vacancy
1.4%
Late-cycle holdHigh confidence
Last updated May 2026Next refresh 3 June 2026Informational only — not financial advice

Eight-signal breakdown

Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.

  • Capital growth (5y)-9.0%/yr
    0/100
  • Population growth+7.8% (5y)
    78/100
  • Supply tightening-6.0% YoY
    80/100
  • Rental yield3.8%
    75/100
  • Rental demand1.4% vacancy
    65/100
  • Income growth+19.0% (5y)
    76/100
  • Construction pipelineno nearby pipeline
    0/100
  • Affordability52% under cap
    52/100

Why this score

Canterbury scores 45/100 (Average). The two strongest signals: 7.8% population growth over five years and 19.0% income growth. The standout watch-out: 5-year growth of -9.0%/yr trails the national pace.

Drivers
  • Supply tightening-6.0% YoY
  • Population growth+7.8% (5y)
  • Income growth+19.0% (5y)
  • Rental yield3.8%
Risks
  • Modest 5y growth (-9.0%/yr)
  • No major construction project in this state

Nearest infrastructure

Suburban Rail Loop East — Box Hill4.2 km away

Construction · $5.0bn · completion 2035

Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.

Comparable suburbs

Three VIC suburbs in the same budget band with the closest NextSuburb scores.

See the full VIC ranking

60-month score history

Backfilled — live history begins May 2026
263849Jun 21Jun 22Jun 23Jun 24Jun 25May 26

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