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Five Island Lake, NS

Updated: May 2016
House
Median price $482,400
Monthly growth
Quarterly trend
Stock on market 0.00%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Five Island Lake Home Price

The $482,400 price tag on the median Five Island Lake home means that it is quite highly priced by Canadian standards.

According to our stats, Five Island Lake is the neighbourhood that has the 546th most properties available to real estate investors in Nova Scotia.

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

In Five Island Lake, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

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

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

Demographics
  • Population in 2011390096
  • Population in 2006372679
  • 2006 to 2011 population change (%)4.7
  • Total private dwellings177160
  • Private dwellings occupied by usual residents165033
  • Population density per square kilometre71.1
  • Land area (square km)5490.28