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Gander, NL

Updated: Aug 2016
House
Median price $264,200
Monthly growth 1.65 %
Quarterly trend
Stock on market 1.47%
Apartment
Median price $680,000
Monthly growth
Quarterly trend
Stock on market 0.04%

Gander Home Price

The median asking price in Gander is $264,200, an improvement on the median three months ago which was $268,750 .

With Gander’s median house price at $264,200 in Aug , it is above average compared to the rest of Newfoundland and Labrador.

If you’re looking at investment properties in Gander, then you’re most likely to find homes with 3 bedrooms on sale this month.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Gander has a huge choice compared to the rest of the province

Is Gander 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 Gander there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Across the country as a whole, Gander is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

When our research team crunched the numbers we calculated that Gander has a median home price of $680,000.

Newfoundland and Labrador has the fourth least amount of properties available to property investors, with Gander having 12th most in the province, out of a total of 13.

Can we guarantee how well Gander is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

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.

Find a mortgage broker in Gander, NL
Beds Median price (House) Median price (Apartment)
2 bedrooms $218,000
3 bedrooms $245,000
4 bedrooms $309,000
5 bedrooms $295,000
Demographics
  • Population in 201111054
  • Population in 20069951
  • 2006 to 2011 population change (%)11.1
  • Total private dwellings4751
  • Private dwellings occupied by usual residents4517
  • Population density per square kilometre106
  • Land area (square km)104.25

Age Characteristics

Total population by age groups 11055
0 to 4 years 635
5 to 9 years 670
10 to 14 years 670
15 to 19 years 600
15 years 115
16 years 120
17 years 130
18 years 100
19 years 130
20 to 24 years 575
25 to 29 years 660
30 to 34 years 680
35 to 39 years 860
40 to 44 years 925
45 to 49 years 890
50 to 54 years 845
55 to 59 years 715
60 to 64 years 670
65 to 69 years 455
70 to 74 years 375
75 to 79 years 340
80 to 84 years 265
85 years and over 230
Median age of the population 41.1
% of the population aged 15 and over 82.1

Marital Status

Total population 15 years and over by marital status 9080
Married or living with a common-law partner 5930
Married (and not separated) 4985
Living common-law 940
Not married and not living with a common-law partner 3150
Single (never legally married) 1905
Separated 220
Divorced 415
Widowed 615

Family Characteristics

Total number of census families in private households 3395
Size of census family: 2 persons 1765
Size of census family: 3 persons 830
Size of census family: 4 persons 670
Size of census family: 5 or more persons 130
Total number of census families in private households 3395
Total couple families by family structure and number of children 2930
Married couples 2455
Without children at home 1220
With children at home 1240
1 child 565
2 children 565
3 or more children 105
Common-law couples 470
Without children at home 255
With children at home 220
1 child 130
2 children 75
3 or more children 20
Total lone-parent families by sex of parent and number of children 465
Female parent 385
1 child 240
2 children 110
3 or more children 35
Male parent 80
1 child 55
2 children 25
3 or more children 0
Total children in census families in private households 3050
Under six years of age 750
6 to 14 years 1220
15 to 17 years 355
18 to 24 years 485
25 years and over 240
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 10805
Number of persons not in census families 1440
Living with relatives 135
Living with non-relatives only 255
Living alone 1050
Number of census family persons 9370
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 1440
Number of persons not in census families aged 65 years and over 420
Living with relatives 45
Living with non-relatives only 10
Living alone 360
Number of census family persons aged 65 years and over 1015
Total number of private households by household type 4515
Census-family households 3345
One-family-only households 3180
Couple-family households 2780
Without children 1380
With children 1395
Lone-parent-family households 395
Other family households 170
One-family households with persons not in a census family 125
Couple-family households 80
Without children 45
With children 35
Lone-parent-family households 45
Two-or-more-family households 45
Non-census-family households 1165
One-person households 1050
Two-or-more-person households 120
Total number of occupied private dwellings by structural type of dwelling 4520
Single-detached house 2970
Apartment, building that has five or more storeys 0
Movable dwelling 5
Other dwelling 1540
Semi-detached house 320
Row house 220
Apartment, duplex 380
Apartment, building that has fewer than five storeys 620
Other single-attached house 0
Total number of private households by household size 4515
1 person 1050
2 persons 1740
3 persons 860
4 persons 685
5 persons 155
6 or more persons 30
Number of persons in private households 10810
Average number of persons in private households 2.4

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