Cape Broyle, NL

Updated: Aug 2016
House
Median price $187,450
Monthly growth 29.36 %
Quarterly trend
Stock on market 1.49%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Cape Broyle Home Price

Across the country as a whole, Cape Broyle is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

While the median for Newfoundland and Labrador is $209,000 , which means that Cape Broyle’s median price is $187,450 below average than the rest of the province.

According to our stats, Cape Broyle is the neighbourhood that has the 86th most properties available to real estate investors in Newfoundland and Labrador.

Can we guarantee how well Cape Broyle is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

In Cape Broyle, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Cape Broyle 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.

If you are looking at investment properties in Cape Broyle, 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 $175,000
Demographics
  • Population in 2011506
  • Population in 2006545
  • 2006 to 2011 population change (%)-7.2
  • Total private dwellings269
  • Private dwellings occupied by usual residents215
  • Population density per square kilometre50.4
  • Land area (square km)10.05