4/231-235 Canterbury Road, Canterbury NSW 2193
4/231-235 Canterbury Road, Canterbury NSW 2193
This 2-bedroom, 2-bathroom apartment / unit with 1 car spaces on a 115 sqm block is positioned in Canterbury NSW. The property is ideal for low-maintenance living with convenient access to local amenities.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Buyers are chasing Canterbury 2193 because tight stock close to Canterbury station, quality parks, schools and the Connective City 2036 plan keep transport and amenity upgrades in view; limited new supply makes houses move fast (about 20β44 days) and supports a capital-growth focus. Risk sits with weak affordability (affordability index extremely high, low rental yields near 2.3%) so investor returns come from capital growth rather than cashflow, yet the councilβs 2036 housing target and ongoing infill around local centres still underpin upside. Prices have edged higher over the past six months, continuing a mid-to-high single-digit lift that has kept the median house near $1.95 m while units stay under $750 k.