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Corner Brook, NL

Updated: Aug 2016
House
Median price $195,000
Monthly growth 1.58 %
Quarterly trend
Stock on market 1.25%
Apartment
Median price $434,000
Monthly growth -6.06 %
Quarterly trend
Stock on market 0.03%

Corner Brook Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Corner Brook is number 2985 putting it in the bottom half of the country .

When our research team crunched the numbers we calculated that Corner Brook has a median home price of $195,000.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

Newfoundland and Labrador has the second least amount of properties available to property investors, with Corner Brook having 5th most in the province, out of a total of 197.

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

If you are looking at investment properties in Corner Brook, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

Canada’s national median home listing price this month is $244,900, which means that Corner Brook is in the top 20% for Canada.

Want a cheaply priced house? Then at $434,000 this month, Corner Brook, Newfoundland and Labrador is probably not for you price wise.

Newfoundland and Labrador has the fourth least amount of properties available to property investors, with Corner Brook having 4th most in the province, out of a total of 13.

Newfoundland and Labrador has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

Over the last three months in Corner Brook, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

Find a mortgage broker in Corner Brook, NL
Beds Median price (House) Median price (Apartment)
2 bedrooms $160,000
3 bedrooms $188,250
4 bedrooms $254,900
5 bedrooms $204,450
6 bedrooms $304,900
Demographics
  • Population in 201119886
  • Population in 200620083
  • 2006 to 2011 population change (%)-1
  • Total private dwellings8643
  • Private dwellings occupied by usual residents8309
  • Population density per square kilometre134.1
  • Land area (square km)148.26

Age Characteristics

Total population by age groups 19885
0 to 4 years 855
5 to 9 years 890
10 to 14 years 1020
15 to 19 years 1210
15 years 255
16 years 225
17 years 235
18 years 255
19 years 240
20 to 24 years 1225
25 to 29 years 1040
30 to 34 years 1080
35 to 39 years 1120
40 to 44 years 1260
45 to 49 years 1545
50 to 54 years 1685
55 to 59 years 1645
60 to 64 years 1500
65 to 69 years 1085
70 to 74 years 900
75 to 79 years 770
80 to 84 years 565
85 years and over 490
Median age of the population 45.8
% of the population aged 15 and over 86.1

Marital Status

Total population 15 years and over by marital status 17120
Married or living with a common-law partner 9985
Married (and not separated) 8510
Living common-law 1470
Not married and not living with a common-law partner 7145
Single (never legally married) 4320
Separated 340
Divorced 1145
Widowed 1340

Family Characteristics

Total number of census families in private households 6055
Size of census family: 2 persons 3415
Size of census family: 3 persons 1430
Size of census family: 4 persons 950
Size of census family: 5 or more persons 255
Total number of census families in private households 6055
Total couple families by family structure and number of children 4905
Married couples 4170
Without children at home 2240
With children at home 1925
1 child 935
2 children 790
3 or more children 205
Common-law couples 735
Without children at home 430
With children at home 305
1 child 175
2 children 90
3 or more children 45
Total lone-parent families by sex of parent and number of children 1150
Female parent 940
1 child 610
2 children 265
3 or more children 65
Male parent 205
1 child 140
2 children 50
3 or more children 10
Total children in census families in private households 5310
Under six years of age 995
6 to 14 years 1750
15 to 17 years 695
18 to 24 years 1115
25 years and over 760
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 19450
Number of persons not in census families 3180
Living with relatives 415
Living with non-relatives only 640
Living alone 2125
Number of census family persons 16265
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 3420
Number of persons not in census families aged 65 years and over 1055
Living with relatives 180
Living with non-relatives only 55
Living alone 830
Number of census family persons aged 65 years and over 2365
Total number of private households by household type 8310
Census-family households 5895
One-family-only households 5385
Couple-family households 4460
Without children 2410
With children 2045
Lone-parent-family households 925
Other family households 510
One-family households with persons not in a census family 355
Couple-family households 240
Without children 115
With children 120
Lone-parent-family households 115
Two-or-more-family households 155
Non-census-family households 2415
One-person households 2130
Two-or-more-person households 285
Total number of occupied private dwellings by structural type of dwelling 8310
Single-detached house 5365
Apartment, building that has five or more storeys 0
Movable dwelling 85
Other dwelling 2855
Semi-detached house 430
Row house 345
Apartment, duplex 1190
Apartment, building that has fewer than five storeys 880
Other single-attached house 25
Total number of private households by household size 8310
1 person 2125
2 persons 3240
3 persons 1495
4 persons 1020
5 persons 320
6 or more persons 105
Number of persons in private households 19450
Average number of persons in private households 2.3

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.

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