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Cumberland Bay, NB

Updated: Aug 2016
House
Median price $279,900
Monthly growth 166.82 %
Quarterly trend
Stock on market 0.88%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Cumberland Bay Home Price

Cumberland Bay was Canada’s 1684th most expensive suburb by listed median house price this month.

The $279,900 price tag on the median Cumberland Bay home means that it is above the cost of most houses in the country.

Cumberland Bay’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Cumberland Bay has more than the average number to choose from compared to the rest of the province

New Brunswick 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.

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

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

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

Find a mortgage broker in Cumberland Bay, NB
Beds Median price (House) Median price (Apartment)
3 bedrooms $390,000
Demographics
  • Population in 2011851
  • Population in 2006893
  • 2006 to 2011 population change (%)-4.7
  • Total private dwellings791
  • Private dwellings occupied by usual residents381
  • Population density per square kilometre1.9
  • Land area (square km)444.87

Age Characteristics

Total population by age groups 850
0 to 4 years 20
5 to 9 years 30
10 to 14 years 40
15 to 19 years 45
15 years 5
16 years 10
17 years 15
18 years 10
19 years 5
20 to 24 years 40
25 to 29 years 20
30 to 34 years 25
35 to 39 years 45
40 to 44 years 50
45 to 49 years 75
50 to 54 years 80
55 to 59 years 85
60 to 64 years 85
65 to 69 years 85
70 to 74 years 55
75 to 79 years 35
80 to 84 years 25
85 years and over 10
Median age of the population 52.1
% of the population aged 15 and over 89.2

Marital Status

Total population 15 years and over by marital status 755
Married or living with a common-law partner 465
Married (and not separated) 425
Living common-law 35
Not married and not living with a common-law partner 290
Single (never legally married) 165
Separated 30
Divorced 55
Widowed 45

Family Characteristics

Total number of census families in private households 265
Size of census family: 2 persons 175
Size of census family: 3 persons 45
Size of census family: 4 persons 25
Size of census family: 5 or more persons 20
Total number of census families in private households 265
Total couple families by family structure and number of children 225
Married couples 210
Without children at home 140
With children at home 70
1 child 40
2 children 20
3 or more children 10
Common-law couples 20
Without children at home 10
With children at home 10
1 child 0
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 35
Female parent 25
1 child 15
2 children 0
3 or more children 10
Male parent 10
1 child 10
2 children 0
3 or more children 0
Total children in census families in private households 195
Under six years of age 25
6 to 14 years 70
15 to 17 years 30
18 to 24 years 40
25 years and over 30
Average number of children at home per census family 0.7

Household And Dwelling Characteristics

Total number of persons in private households 845
Number of persons not in census families 160
Living with relatives 20
Living with non-relatives only 40
Living alone 100
Number of census family persons 685
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 205
Number of persons not in census families aged 65 years and over 50
Living with relatives 5
Living with non-relatives only 0
Living alone 45
Number of census family persons aged 65 years and over 155
Total number of private households by household type 380
Census-family households 265
One-family-only households 245
Couple-family households 220
Without children 150
With children 75
Lone-parent-family households 30
Other family households 15
One-family households with persons not in a census family 10
Couple-family households 5
Without children 0
With children 5
Lone-parent-family households 5
Two-or-more-family households 0
Non-census-family households 120
One-person households 100
Two-or-more-person households 20
Total number of occupied private dwellings by structural type of dwelling 385
Single-detached house 355
Apartment, building that has five or more storeys 0
Movable dwelling 25
Other dwelling 5
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 5
Other single-attached house 0
Total number of private households by household size 385
1 person 100
2 persons 185
3 persons 50
4 persons 25
5 persons 15
6 or more persons 5
Number of persons in private households 840
Average number of persons in private households 2.2

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