Bell Island, NL

Updated: Aug 2016
House
Median price $139,900
Monthly growth -11.39 %
Quarterly trend
Stock on market 1.31%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Bell Island Home Price

When looking across the province, Bell Island is the 150th most expensive in Newfoundland and Labrador.

In Aug the median listed house price of $139,900 in Bell Island was relatively low compared to the rest of Newfoundland and Labrador.

Across Newfoundland and Labrador Bell Island has the 38th most properties on offer with 197.

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Bell Island needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Over the last three months in Bell Island, housing stock available seems to be falling – this could mean that homes values might increase faster.

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

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Bell Island will hopefully provide an indicator to help you where to research in-depth

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Bell Island there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
2 bedrooms $109,900
3 bedrooms $139,950
4 bedrooms $159,900
Demographics
  • Population in 20112346
  • Population in 20062418
  • 2006 to 2011 population change (%)-3
  • Total private dwellings1147
  • Private dwellings occupied by usual residents1059
  • Population density per square kilometre161.8
  • Land area (square km)14.5