Trending

Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.

Ads Google

Cable Head East, PE

Updated: Jun 2016
House
Median price $799,000
Monthly growth 100.25 %
Quarterly trend
Stock on market 1.20%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Cable Head East Home Price

Across the nation CREW lists data for 5043 neighbourhoods, and this month Cable Head East is number 132 putting it ahead of most neighbourhoods .

With Cable Head East’s median house price at $799,000 in Jun , it is high priced compared to the rest of Prince Edward Island.

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.

This month we track 66th neighbourhoods in Prince Edward Island, and Cable Head East has the 66th most choice available for real estate investors.

Will prices rise across the next year in in Cable Head East? There are a number of real estate indicators to consider.

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 Cable Head East have stayed pretty much the same which would tend to indicate that demand is steady.

Will prices rise across the next year in in Cable Head East? There are a number of real estate indicators to consider.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
6 bedrooms $2,774,500
Demographics
  • Land area (square km)71.64
  • Population in 2011448
  • Population in 2006468
  • 2006 to 2011 population change (%)-4.3
  • Total private dwellings250
  • Private dwellings occupied by usual residents175
  • Population density per square kilometre6.3

Age Characteristics

Total population by age groups 450
0 to 4 years 15
5 to 9 years 20
10 to 14 years 30
15 to 19 years 35
15 years 10
16 years 5
17 years 5
18 years 5
19 years 10
20 to 24 years 25
25 to 29 years 20
30 to 34 years 20
35 to 39 years 20
40 to 44 years 40
45 to 49 years 45
50 to 54 years 40
55 to 59 years 30
60 to 64 years 35
65 to 69 years 30
70 to 74 years 15
75 to 79 years 15
80 to 84 years 10
85 years and over 5
Median age of the population 44.9
% of the population aged 15 and over 84.8

Marital Status

Total population 15 years and over by marital status 380
Married or living with a common-law partner 240
Married (and not separated) 215
Living common-law 25
Not married and not living with a common-law partner 145
Single (never legally married) 95
Separated 10
Divorced 15
Widowed 20

Family Characteristics

Total number of census families in private households 140
Size of census family: 2 persons 65
Size of census family: 3 persons 35
Size of census family: 4 persons 20
Size of census family: 5 or more persons 10
Total number of census families in private households 135
Total couple families by family structure and number of children 115
Married couples 105
Without children at home 55
With children at home 50
1 child 25
2 children 20
3 or more children 10
Common-law couples 10
Without children at home 5
With children at home 5
1 child 5
2 children 0
3 or more children 0
Total lone-parent families by sex of parent and number of children 20
Female parent 15
1 child 10
2 children 5
3 or more children 0
Male parent 5
1 child 0
2 children 0
3 or more children 0
Total children in census families in private households 140
Under six years of age 15
6 to 14 years 50
15 to 17 years 20
18 to 24 years 35
25 years and over 15
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 445
Number of persons not in census families 50
Living with relatives 10
Living with non-relatives only 10
Living alone 35
Number of census family persons 390
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 75
Number of persons not in census families aged 65 years and over 20
Living with relatives 5
Living with non-relatives only 5
Living alone 20
Number of census family persons aged 65 years and over 60
Total number of private households by household type 175
Census-family households 140
One-family-only households 130
Couple-family households 110
Without children 55
With children 55
Lone-parent-family households 15
Other family households 5
One-family households with persons not in a census family 5
Couple-family households 5
Without children 0
With children 5
Lone-parent-family households 0
Two-or-more-family households 5
Non-census-family households 40
One-person households 35
Two-or-more-person households 5
Total number of occupied private dwellings by structural type of dwelling 175
Single-detached house 165
Apartment, building that has five or more storeys 0
Movable dwelling 5
Other dwelling 0
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 175
1 person 35
2 persons 70
3 persons 35
4 persons 25
5 persons 10
6 or more persons 0
Number of persons in private households 445
Average number of persons in private households 2.5

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

Useful Links

Advertisement

Website Managed By

© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media