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Brae, PE

Updated: Aug 2016
House
Median price $94,900
Monthly growth 5.56 %
Quarterly trend
Stock on market 1.69%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Brae Home Price

Canada’s national median home listing price this month is $290,900, which means that Brae is in the cheapest 20% for Canada.

With Brae’s median house price at $94,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Prince Edward Island.

Across Prince Edward Island Brae has the 87th most properties on offer with 218.

Prince Edward Island 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.

Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.

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

If you are looking at investment properties in Brae, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
3 bedrooms $129,450
Demographics
  • Population in 2011306
  • Population in 2006362
  • 2006 to 2011 population change (%)-15.5
  • Total private dwellings177
  • Private dwellings occupied by usual residents126
  • Population density per square kilometre4.1
  • Land area (square km)74.15

Age Characteristics

Total population by age groups 305
0 to 4 years 15
5 to 9 years 15
10 to 14 years 20
15 to 19 years 15
15 years 5
16 years 0
17 years 5
18 years 0
19 years 5
20 to 24 years 10
25 to 29 years 15
30 to 34 years 25
35 to 39 years 15
40 to 44 years 15
45 to 49 years 20
50 to 54 years 30
55 to 59 years 25
60 to 64 years 40
65 to 69 years 15
70 to 74 years 15
75 to 79 years 10
80 to 84 years 10
85 years and over 5
Median age of the population 47.6
% of the population aged 15 and over 82

Marital Status

Total population 15 years and over by marital status 250
Married or living with a common-law partner 175
Married (and not separated) 150
Living common-law 25
Not married and not living with a common-law partner 75
Single (never legally married) 45
Separated 10
Divorced 5
Widowed 15

Family Characteristics

Total number of census families in private households 100
Size of census family: 2 persons 65
Size of census family: 3 persons 15
Size of census family: 4 persons 10
Size of census family: 5 or more persons 10
Total number of census families in private households 100
Total couple families by family structure and number of children 85
Married couples 75
Without children at home 45
With children at home 25
1 child 15
2 children 10
3 or more children 10
Common-law couples 15
Without children at home 5
With children at home 10
1 child 0
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 10
Female parent 10
1 child 5
2 children 0
3 or more children 5
Male parent 5
1 child 5
2 children 0
3 or more children 0
Total children in census families in private households 85
Under six years of age 20
6 to 14 years 35
15 to 17 years 10
18 to 24 years 10
25 years and over 10
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 305
Number of persons not in census families 35
Living with relatives 5
Living with non-relatives only 10
Living alone 25
Number of census family persons 270
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 45
Number of persons not in census families aged 65 years and over 10
Living with relatives 0
Living with non-relatives only 0
Living alone 10
Number of census family persons aged 65 years and over 30
Total number of private households by household type 125
Census-family households 95
One-family-only households 95
Couple-family households 85
Without children 55
With children 30
Lone-parent-family households 15
Other family households 0
One-family households with persons not in a census family 0
Couple-family households 0
Without children 5
With children 0
Lone-parent-family households 0
Two-or-more-family households 0
Non-census-family households 25
One-person households 25
Two-or-more-person households 5
Total number of occupied private dwellings by structural type of dwelling 125
Single-detached house 105
Apartment, building that has five or more storeys 0
Movable dwelling 15
Other dwelling 5
Semi-detached house 5
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 125
1 person 20
2 persons 65
3 persons 20
4 persons 10
5 persons 5
6 or more persons 5
Number of persons in private households 310
Average number of persons in private households 2.4

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