Cavendish, NL

Updated: Aug 2016
House
Median price $334,900
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.14%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Cavendish Home Price

With a median listing price of $334,900, Cavendish is Canada’s 1140th most expensive when ordered by median listing price.

While the median for Newfoundland and Labrador is $209,000 , which means that Cavendish’s median price is $334,900 considerably better than the rest of the province.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Cavendish has fewer than average compared to the rest of the province

Is Cavendish a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

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

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $192,400
Demographics
  • Population density per square kilometre13.6
  • Land area (square km)218.91
  • Population in 20112971
  • Population in 20063007
  • 2006 to 2011 population change (%)-1.2
  • Total private dwellings1473
  • Private dwellings occupied by usual residents1184