Canterbury
Suburb profile, market snapshot and recent listings for Canterbury, VIC 3126.
About Canterbury
Welcome to Canterbury
Canterbury sits about nine kilometres east of the Melbourne CBD, tucked between Camberwell, Balwyn, Deepdene, Surrey Hills and Kew in the heart of Melbourne's inner-east. It's one of those suburbs long associated with quiet wealth and established gardens, where tree-lined streets and grand old homes speak to a history of settled, comfortable living rather than any recent transformation.
With a population of around 7,800 and a median age of 46, Canterbury is a mature, family-oriented pocket rather than a hub of transient renters or first-home buyers. It tends to suit those already established in life and looking to buy into a leafy, low-density address with excellent schools, good rail access and a strong sense of permanence.
Housing & architecture
Canterbury's housing stock leans heavily toward established houses, and the current mix of listings reflects that: roughly 62% houses, 24% townhouses, 11% apartments or units and a small sliver of land. Federation homes, Californian bungalows and grand interwar houses sit on generous blocks along streets such as those running off Canterbury Road, with plenty of period detail still intact behind hedges and iron fences.
Newer townhouses and boutique apartment developments have filtered in around the fringes and near Camberwell and Deepdene, offering a lower-maintenance alternative for downsizers who want to stay in the area without the upkeep of a large garden. But the overall character remains distinctly established rather than high-rise or high-density.
The property market
Canterbury's median house price of $3.13 million puts it firmly among Melbourne's premium suburbs, with unit and apartment buyers looking at a median of $910,000 for a considerably more accessible entry point. Median rent sits at $1,350 a week, reflecting strong demand from tenants wanting the address and the schools without the capital outlay of buying.
Recent house price growth has been negative, down 3.1%, which is worth noting for buyers watching the broader correction in Melbourne's top-tier suburbs rather than any fundamental weakening in the area's appeal. For long-term buyers, Canterbury's scarcity of stock and consistently tight supply of family homes tend to underpin values over time, even through short-term dips.
Schools & families
Education is a major drawcard here. Canterbury Primary School serves local families directly, while the suburb sits within easy reach of some of Melbourne's best-known independent schools, including Camberwell Grammar School, Camberwell Girls Grammar School and its junior campus, and Strathcona Baptist Girls' Grammar with its separate primary campus. This concentration of well-regarded schools is a significant reason families pay a premium to live in or near Canterbury, and it shapes much of the suburb's demographic character.
Getting around
Canterbury railway station, on the Alamein and Belgrave/Lilydale lines via the Camberwell junction, gives residents a direct run into the city, making the suburb workable for CBD commuters despite its established, low-key feel. Trams along Riversdale Road and nearby routes through Camberwell add further options, and Canterbury Road and Camberwell Road provide easy car access to the surrounding suburbs and arterial roads toward the city or out toward Whitehorse Road.
The suburb's compact size means most residents are within a short walk or drive of a station, tram stop or the shops of neighbouring Camberwell, making it a genuinely well-connected pocket of the inner-east despite its quiet, residential feel.
Lifestyle & dining
Canterbury itself is largely residential, with locals typically heading to the café strips and retail precincts of neighbouring Camberwell, Surrey Hills and Balwyn for their day-to-day dining and shopping. Canterbury Gardens and the surrounding parkland offer a green, established outlook for walking and relaxing close to home, in keeping with the suburb's understated, leafy character.
It's a lifestyle built around space, privacy and proximity rather than a bustling main strip of its own, appealing to those who want the calm of a residential enclave with the conveniences of Camberwell's shops and cafés just a short stroll or drive away.
Market snapshot
Canterbury property market
Median sale price
$3.13m
House · 4 bed
Median rent
$1,350
per week
Gross rental yield
2.2%
annual rent ÷ sale price
Typical price range
Entry
$1.80m
Median
$3.13m
Premium
$5.36m
Days on market
44
Auction clearance
64%
Sold this year
49
Median sold price trend · House 4 bed
Compound growth -2.4% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Canterbury by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Canterbury, VIC 3126.
Population
7,800
residents (2021)
Median age
46
years
Household income
$2,877
median, per week
Median rent
$515
per week
Median mortgage
$3,500
per month
Mortgage / income
28%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Canterbury
Government school catchment
Independent & Catholic schools
Camberwell Girls Grammar School - Junior Campus
Strathcona Baptist Girls' Grammar - Primary Campus
Recent results
Recently sold in Canterbury
$1.50m
69 Maling Road
Sold ~July 2026
$3m
122 Mont Albert Road
Sold ~July 2026
$1.73m
1 Torrington Street
Sold ~July 2026
$2.22m
189 Mont Albert Road
Sold ~July 2026
$2.32m
26 Erica Street
Sold ~July 2026
$740k
4/20 Chaucer Crescent
Sold ~July 2026
$3.65m
4 View Street
Sold ~June 2026
$2.20m
1/27 Faversham Road
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Canterbury
Compare the area
Price map around Canterbury
Every listing for sale near Canterbury, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Canterbury suburb FAQ
What is the median property price in Canterbury?
The median house price in Canterbury, VIC is $3.13m for a 4-bedroom home. Over the past year, median sold prices have fallen about 3.1%.
How much is rent in Canterbury?
The median weekly rent in Canterbury is around $1,350 per week.
Is Canterbury a good place to live?
Canterbury is an eastern suburb of Melbourne, Victoria, Australia, 10 km (6.2 mi) from the Melbourne Central Business District, located within the City of Boroondara local government area. Canterbury is an established residential suburb in VIC, with a population of around 7,800 and 8 schools in the area.
What is the population of Canterbury?
Canterbury has a population of 7,800 (ABS 2021 Census), with a median age of 46.
What schools are in Canterbury?
There are 8 schools in or near Canterbury, including Camberwell Girls Grammar School, Camberwell Girls Grammar School - Junior Campus and Camberwell Grammar School.
How long do homes take to sell in Canterbury?
Properties in Canterbury take around 44 days to sell on average, with an auction clearance rate of about 64%.
How much do you need to buy in Canterbury?
Entry-level properties in Canterbury start around $1.80m, while premium homes reach $5.36m.
What suburbs are near Canterbury?
Suburbs near Canterbury include Camberwell, Balwyn, Deepdene, Surrey Hills and Kew.
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