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

Cereal, AB

Updated: Aug 2016
House
Median price $83,500
Monthly growth -5.64 %
Quarterly trend
Stock on market 5.06%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Cereal Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Cereal is number 4908 putting it behind most of Canada .

With Cereal’s median house price at $83,500 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Alberta.

When we look at the data we have, it can help with trying to establish whether or not Cereal is a good investment target.

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.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

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

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

Find a mortgage broker in Cereal, AB
Beds Median price (House) Median price (Apartment)
3 bedrooms $99,500
Demographics
  • Population in 2011134
  • Population in 2006126
  • 2006 to 2011 population change (%)6.3
  • Total private dwellings79
  • Private dwellings occupied by usual residents71
  • Population density per square kilometre141.6
  • Land area (square km)0.95

Age Characteristics

Total population by age groups 135
0 to 4 years 0
5 to 9 years 0
10 to 14 years 10
15 to 19 years 10
15 years 0
16 years 0
17 years 5
18 years 0
19 years 0
20 to 24 years 0
25 to 29 years 5
30 to 34 years 5
35 to 39 years 10
40 to 44 years 5
45 to 49 years 5
50 to 54 years 10
55 to 59 years 15
60 to 64 years 15
65 to 69 years 5
70 to 74 years 10
75 to 79 years 5
80 to 84 years 5
85 years and over 10
Median age of the population 53.7
% of the population aged 15 and over 88.8

Marital Status

Total population 15 years and over by marital status 120
Married or living with a common-law partner 75
Married (and not separated) 60
Living common-law 20
Not married and not living with a common-law partner 45
Single (never legally married) 20
Separated 5
Divorced 10
Widowed 15

Family Characteristics

Total number of census families in private households 45
Size of census family: 2 persons 30
Size of census family: 3 persons 5
Size of census family: 4 persons 0
Size of census family: 5 or more persons 5
Total number of census families in private households 45
Total couple families by family structure and number of children 35
Married couples 30
Without children at home 20
With children at home 5
1 child 5
2 children 5
3 or more children 5
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 5
Female parent 0
1 child 5
2 children 0
3 or more children 0
Male parent 0
1 child 0
2 children 0
3 or more children 0
Total children in census families in private households 20
Under six years of age 5
6 to 14 years 10
15 to 17 years 5
18 to 24 years 0
25 years and over 5
Average number of children at home per census family 0.5

Household And Dwelling Characteristics

Total number of persons in private households 135
Number of persons not in census families 35
Living with relatives 0
Living with non-relatives only 0
Living alone 30
Number of census family persons 100
Average number of persons per census family 2.5
Total number of persons 65 years and over in private households 30
Number of persons not in census families aged 65 years and over 20
Living with relatives 0
Living with non-relatives only 0
Living alone 15
Number of census family persons aged 65 years and over 10
Total number of private households by household type 70
Census-family households 35
One-family-only households 40
Couple-family households 30
Without children 25
With children 10
Lone-parent-family households 5
Other family households 5
One-family households with persons not in a census family 0
Couple-family households 0
Without children 0
With children 5
Lone-parent-family households 0
Two-or-more-family households 5
Non-census-family households 30
One-person households 30
Two-or-more-person households 0
Total number of occupied private dwellings by structural type of dwelling 70
Single-detached house 55
Apartment, building that has five or more storeys 0
Movable dwelling 5
Other dwelling 10
Semi-detached house 0
Row house 5
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 70
1 person 30
2 persons 25
3 persons 5
4 persons 5
5 persons 5
6 or more persons 0
Number of persons in private households 130
Average number of persons in private households 1.9

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