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Collette, NB

Updated: Aug 2016
House
Median price $49,900
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.38%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Collette Home Price

When looking across the province, Collette is the 412th most expensive in New Brunswick.

The $49,900 price tag on the median Collette home means that it is very cheap in comparison to the rest of the nation.

There are 421 neighbourhoods that have more properties on sale than Collette at the moment in New Brunswick which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.

It’s never an exact art, but to try to forecast how property is going to appreciate in Collette 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.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Collette there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
3 bedrooms $121,250
Demographics
  • Population in 20111213
  • Population in 20061247
  • 2006 to 2011 population change (%)-2.7
  • Total private dwellings524
  • Private dwellings occupied by usual residents487
  • Population density per square kilometre3.7
  • Land area (square km)326.42