Avondale, NL

Updated: Aug 2016
House
Median price $164,900
Monthly growth 4.76 %
Quarterly trend
Stock on market 3.15%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Avondale Home Price

While the median for Newfoundland and Labrador is $209,000 , which means that Avondale’s median price is $164,900 below average than the rest of the province.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

Is Avondale a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Avondale, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 8, this month we show 11.

Is Avondale a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Avondale have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
3 bedrooms $218,900
4 bedrooms $74,900
Demographics
  • Population in 2011636
  • Population in 2006667
  • 2006 to 2011 population change (%)-4.6
  • Total private dwellings349
  • Private dwellings occupied by usual residents282
  • Population density per square kilometre21.2
  • Land area (square km)29.93