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Frank, AB

Updated: Aug 2016
House
Median price $160,500
Monthly growth 13.02 %
Quarterly trend
Stock on market 0.06%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Frank Home Price

Frank was Canada’s 3675th most expensive suburb by listed median house price this month.

The median house price listed in Frank this month is $160,500.

Across Alberta Frank has the 298th most properties on offer with 339.

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

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Frank, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

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

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

Beds Median price (House) Median price (Apartment)
2 bedrooms $139,000
3 bedrooms $289,000
Demographics
  • Total private dwellings3234
  • Private dwellings occupied by usual residents2586
  • Population density per square kilometre14.9
  • Land area (square km)373.07
  • Population in 20115565
  • Population in 20065749
  • 2006 to 2011 population change (%)-3.2

Age Characteristics

Total population by age groups 5565
0 to 4 years 230
5 to 9 years 205
10 to 14 years 255
15 to 19 years 285
15 years 70
16 years 40
17 years 55
18 years 65
19 years 55
20 to 24 years 205
25 to 29 years 230
30 to 34 years 260
35 to 39 years 265
40 to 44 years 330
45 to 49 years 440
50 to 54 years 560
55 to 59 years 565
60 to 64 years 550
65 to 69 years 390
70 to 74 years 265
75 to 79 years 210
80 to 84 years 170
85 years and over 160
Median age of the population 50.8
% of the population aged 15 and over 87.6

Marital Status

Total population 15 years and over by marital status 4875
Married or living with a common-law partner 3035
Married (and not separated) 2580
Living common-law 455
Not married and not living with a common-law partner 1845
Single (never legally married) 920
Separated 130
Divorced 375
Widowed 420

Family Characteristics

Total number of census families in private households 1710
Size of census family: 2 persons 1140
Size of census family: 3 persons 285
Size of census family: 4 persons 205
Size of census family: 5 or more persons 80
Total number of census families in private households 1705
Total couple families by family structure and number of children 1495
Married couples 1260
Without children at home 825
With children at home 440
1 child 190
2 children 175
3 or more children 65
Common-law couples 225
Without children at home 160
With children at home 70
1 child 40
2 children 20
3 or more children 5
Total lone-parent families by sex of parent and number of children 215
Female parent 160
1 child 120
2 children 35
3 or more children 10
Male parent 50
1 child 35
2 children 15
3 or more children 0
Total children in census families in private households 1180
Under six years of age 275
6 to 14 years 415
15 to 17 years 160
18 to 24 years 210
25 years and over 125
Average number of children at home per census family 0.7

Household And Dwelling Characteristics

Total number of persons in private households 5425
Number of persons not in census families 1045
Living with relatives 70
Living with non-relatives only 155
Living alone 825
Number of census family persons 4380
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 1070
Number of persons not in census families aged 65 years and over 380
Living with relatives 15
Living with non-relatives only 15
Living alone 350
Number of census family persons aged 65 years and over 690
Total number of private households by household type 2585
Census-family households 1690
One-family-only households 1610
Couple-family households 1435
Without children 945
With children 490
Lone-parent-family households 175
Other family households 75
One-family households with persons not in a census family 60
Couple-family households 30
Without children 20
With children 15
Lone-parent-family households 25
Two-or-more-family households 15
Non-census-family households 895
One-person households 830
Two-or-more-person households 70
Total number of occupied private dwellings by structural type of dwelling 2585
Single-detached house 2190
Apartment, building that has five or more storeys 5
Movable dwelling 180
Other dwelling 215
Semi-detached house 30
Row house 30
Apartment, duplex 20
Apartment, building that has fewer than five storeys 120
Other single-attached house 10
Total number of private households by household size 2585
1 person 825
2 persons 1135
3 persons 310
4 persons 220
5 persons 75
6 or more persons 25
Number of persons in private households 5425
Average number of persons in private households 2.1

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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