Camberwell vs Canterbury

Camberwell (median $2,460,000) is roughly 31% cheaper to buy into than Canterbury ($3,544,000).

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Camberwell and Canterbury side by side

MeasureCamberwellCanterbury
Price and market
Median house$2,460,000$3,544,000
Median unit$900,000$1,251,100
Renting
House rent$838/wk$800/wk
Unit rent$600/wk$570/wk
Schools
Schools nearby2020
Average ICSEA11581150
Lifestyle and people
Walk score10064
Transit score10020
Bike score100100
Climate
Annual rainfall668 mm657 mm
Mean max, January26.7°C27.0°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Camberwell scores higher on walkability (100/100 vs 64/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Camberwell (1158) sits above Canterbury (1150).

For buyers
Camberwell is the lower entry point at $2,460,000 median, 31% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Camberwell offers the higher gross rental yield (1.77% vs 1.17%), favouring cash-flow investors.
For families
Camberwell edges out on average school ICSEA (1158 vs 1150).

Camberwell vs Canterbury: common questions

Is Camberwell or Canterbury cheaper to buy in?

Camberwell has the lower median house price at $2,460,000, roughly 31% below Canterbury ($3,544,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Camberwell or Canterbury have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Camberwell scores 1158 vs 1150 in Canterbury. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Camberwell or Canterbury?

Camberwell scores 100/100 on walkability vs 64/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Camberwell or Canterbury?

Gross rental yield on houses is 1.77% in Camberwell vs 1.17% in Canterbury. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.