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According to Royal LePage, Toronto and Montreal saw double-digit growth last quarter. They expect the condo market to follow suit come the fall once immigration and schools open up again.

Benton, NL

Updated: Oct 2015
House
Median price $65,500
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.46%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Benton Home Price

Across the nation CREW lists data for 4643 neighbourhoods, and this month Benton is number 4522 putting it behind most of Canada .

With Benton’s median house price at $65,500 in Oct , it is one of the cheapest neighbourhoods compared to the rest of Newfoundland and Labrador.

This month we track 103th neighbourhoods in Newfoundland and Labrador, and Benton has the 103th most choice available for real estate investors.

Newfoundland and Labrador has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

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 Benton, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 4, this month we show 3.

It’s never an exact art, but to try to forecast how property is going to appreciate in Benton for investors, it’s important to look at data like:

Over the last three months in Benton, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
1 bedroom $97,250
Demographics
  • Population in 2011216
  • Population in 2006326
  • 2006 to 2011 population change (%)-33.7
  • Total private dwellings649
  • Private dwellings occupied by usual residents90
  • Population density per square kilometre0.1
  • Land area (square km)2309.79

Age Characteristics

Total population by age groups 215
0 to 4 years 5
5 to 9 years 10
10 to 14 years 15
15 to 19 years 15
15 years 0
16 years 5
17 years 5
18 years 5
19 years 5
20 to 24 years 5
25 to 29 years 10
30 to 34 years 10
35 to 39 years 10
40 to 44 years 25
45 to 49 years 25
50 to 54 years 25
55 to 59 years 15
60 to 64 years 20
65 to 69 years 15
70 to 74 years 5
75 to 79 years 5
80 to 84 years 5
85 years and over 0
Median age of the population 45.8
% of the population aged 15 and over 85.2

Marital Status

Total population 15 years and over by marital status 185
Married or living with a common-law partner 130
Married (and not separated) 110
Living common-law 20
Not married and not living with a common-law partner 55
Single (never legally married) 35
Separated 0
Divorced 10
Widowed 15

Family Characteristics

Total number of census families in private households 70
Size of census family: 2 persons 40
Size of census family: 3 persons 15
Size of census family: 4 persons 10
Size of census family: 5 or more persons 5
Total number of census families in private households 70
Total couple families by family structure and number of children 60
Married couples 55
Without children at home 35
With children at home 25
1 child 10
2 children 10
3 or more children 5
Common-law couples 10
Without children at home 5
With children at home 5
1 child 0
2 children 0
3 or more children 0
Total lone-parent families by sex of parent and number of children 5
Female parent 5
1 child 0
2 children 0
3 or more children 0
Male parent 5
1 child 5
2 children 0
3 or more children 0
Total children in census families in private households 60
Under six years of age 10
6 to 14 years 20
15 to 17 years 10
18 to 24 years 10
25 years and over 5
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 215
Number of persons not in census families 25
Living with relatives 5
Living with non-relatives only 0
Living alone 20
Number of census family persons 190
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 30
Number of persons not in census families aged 65 years and over 5
Living with relatives 5
Living with non-relatives only 0
Living alone 0
Number of census family persons aged 65 years and over 25
Total number of private households by household type 90
Census-family households 70
One-family-only households 65
Couple-family households 60
Without children 35
With children 25
Lone-parent-family households 5
Other family households 5
One-family households with persons not in a census family 5
Couple-family households 5
Without children 0
With children 0
Lone-parent-family households 0
Two-or-more-family households 0
Non-census-family households 20
One-person households 20
Two-or-more-person households 0
Total number of occupied private dwellings by structural type of dwelling 90
Single-detached house 85
Apartment, building that has five or more storeys 0
Movable dwelling 0
Other dwelling 5
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 90
1 person 20
2 persons 35
3 persons 15
4 persons 15
5 persons 5
6 or more persons 0
Number of persons in private households 215
Average number of persons in private households 2.4

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