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Chester Basin, NS

Updated: Aug 2016
House
Median price $285,000
Monthly growth 26.13 %
Quarterly trend
Stock on market 0.37%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Chester Basin Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Chester Basin is number 1631 putting it in the top half of the country .

The $285,000 price tag on the median Chester Basin home means that it is above the cost of most houses in the country.

From our data, it appears that neighbourhood is number 1132th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.

Can we guarantee how well Chester Basin 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.

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

It’s never an exact art, but to try to forecast how property is going to appreciate in Chester Basin for investors, it’s important to look at data like:

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)
2 bedrooms $247,450
3 bedrooms $335,000
Demographics
  • Population in 201110599
  • Population in 200610741
  • 2006 to 2011 population change (%)-1.3
  • Total private dwellings6169
  • Private dwellings occupied by usual residents4761
  • Population density per square kilometre9.4
  • Land area (square km)1122.22