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Melbourne · 2:56 am

A-Z Real Estate
  1. Suburbs
  2. /
  3. Market updates
  4. /
  5. Canterbury
  6. /
  7. Q2 2026

Canterbury Property Market — Q2 2026

April – June 2026

Canterbury's median house price was $2.54 million in Q2 2026, down 21.2% from $3.23 million in the previous quarter. The median unit price was $1,195,000, in line with $1,195,500 in the previous quarter. There were 29 recorded sales during the quarter, while the highest recorded sale reached $5.89 million. 16 auctions were recorded, with all reported results clearing.

Quarterly median prices can move as the mix of properties sold changes, particularly across different property types and bedroom counts. For buyers and sellers assessing the Canterbury property market, recent comparable sales provide useful context alongside the suburb-wide median. Auction results can also indicate recent activity in the Canterbury property market, alongside private treaty sales recorded during the quarter.

MEDIAN PRICE

$2,544,000

Median for this quarter.

QUARTERLY CHANGE

-21.2%

Growth since last quarter.

Median Price - 12 months ending Q2 2026

ALL

—

2 BED

$3,200,000

3 BED

$2,815,000

4 BED

$2,974,000

MEDIAN PRICE

—

Median for this quarter.

QUARTERLY CHANGE

0%

Growth since last quarter.

Median Price - 12 months ending Q2 2026

ALL

—

1 BED

$1,195,000

2 BED

$933,000

3 BED

$1,680,000

Quarterly and Annual medians are calculated 2–3 weeks following the end of each quarter. Quarter-on-quarter compares the latest quarter to the one immediately before it on the same aggregate line used in the median-by-quarter chart.

Median price by bedroom

Compare median prices by bedroom count, calculated from sales over the 12 months to each quarter. Switch between Houses and Units to explore each property type.

Quarterly median price

See how the median sale price has changed from quarter to quarter. Switch between Houses and Units to compare each property type.

SOLD PROPERTIES

29

Property transactions recorded this quarter.

Average days on market

28 days

The average time it takes for a property to sell in Canterbury.

Highest price

$5,890,000

Highest recorded sale price this quarter in Canterbury.

Key changes this quarter

  • Median house price was $2,544,000 in Q2 2026, compared with $3,230,000 in Q1 2026 (-21.2%).
  • QoQ (median vs prior quarter): house -21.2%; unit 0%
  • There were 16 auctions recorded for Canterbury this quarter.
  • Auction clearance rate for Canterbury this quarter was 100%.

Demand, supply and market trends

Sales activity was moderate during the quarter, with 29 recorded transactions across Canterbury. The median house price eased 21.2% from the previous quarter. Quarter-on-quarter median movements reflect the mix of property types and bedroom counts sold during the quarter.

For buyers and sellers tracking the Canterbury property market, recent comparable sales remain important alongside the suburb-wide median. Auction activity was recorded during the quarter, with 16 recorded auctions, and auction results can add context alongside private treaty sales. The reported clearance rate for the quarter was 100%.

Suburb positioning

How Canterbury sits against nearby suburbs on median house price in Q2 2026.

  • Balwyn$2,639,000
  • Camberwell$2,587,500
  • Canterbury$2,544,000
  • Surrey Hills$1,950,000
  • Mont Albert$1,942,000

Compare Canterbury

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