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Grand River, PE

Updated: Aug 2016
House
Median price $244,900
Monthly growth 78.17 %
Quarterly trend
Stock on market 2.72%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Grand River Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Grand River is number 2155 putting it in the top half of the country .

When our research team crunched the numbers we calculated that Grand River has a median home price of $244,900.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

Across Prince Edward Island Grand River has the 27th most properties on offer with 218.

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

Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

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

Over the last three months in Grand River, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
3 bedrooms $167,400
Demographics
  • Population in 2011763
  • Population in 2006760
  • 2006 to 2011 population change (%)0.4
  • Total private dwellings331
  • Private dwellings occupied by usual residents281
  • Population density per square kilometre8.7
  • Land area (square km)87.97

Age Characteristics

Total population by age groups 765
0 to 4 years 45
5 to 9 years 40
10 to 14 years 55
15 to 19 years 60
15 years 10
16 years 10
17 years 10
18 years 10
19 years 15
20 to 24 years 45
25 to 29 years 35
30 to 34 years 40
35 to 39 years 50
40 to 44 years 50
45 to 49 years 65
50 to 54 years 60
55 to 59 years 70
60 to 64 years 55
65 to 69 years 30
70 to 74 years 25
75 to 79 years 20
80 to 84 years 15
85 years and over 10
Median age of the population 40.9
% of the population aged 15 and over 81.7

Marital Status

Total population 15 years and over by marital status 625
Married or living with a common-law partner 430
Married (and not separated) 370
Living common-law 60
Not married and not living with a common-law partner 195
Single (never legally married) 145
Separated 10
Divorced 20
Widowed 25

Family Characteristics

Total number of census families in private households 235
Size of census family: 2 persons 115
Size of census family: 3 persons 50
Size of census family: 4 persons 45
Size of census family: 5 or more persons 25
Total number of census families in private households 235
Total couple families by family structure and number of children 210
Married couples 180
Without children at home 90
With children at home 95
1 child 35
2 children 35
3 or more children 20
Common-law couples 30
Without children at home 10
With children at home 15
1 child 10
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 25
Female parent 15
1 child 10
2 children 5
3 or more children 5
Male parent 10
1 child 5
2 children 5
3 or more children 5
Total children in census families in private households 250
Under six years of age 50
6 to 14 years 85
15 to 17 years 30
18 to 24 years 60
25 years and over 20
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 765
Number of persons not in census families 65
Living with relatives 15
Living with non-relatives only 5
Living alone 45
Number of census family persons 695
Average number of persons per census family 3
Total number of persons 65 years and over in private households 95
Number of persons not in census families aged 65 years and over 25
Living with relatives 5
Living with non-relatives only 0
Living alone 20
Number of census family persons aged 65 years and over 75
Total number of private households by household type 280
Census-family households 230
One-family-only households 220
Couple-family households 200
Without children 100
With children 100
Lone-parent-family households 20
Other family households 10
One-family households with persons not in a census family 10
Couple-family households 10
Without children 0
With children 5
Lone-parent-family households 5
Two-or-more-family households 5
Non-census-family households 45
One-person households 45
Two-or-more-person households 5
Total number of occupied private dwellings by structural type of dwelling 280
Single-detached house 250
Apartment, building that has five or more storeys 0
Movable dwelling 30
Other dwelling 5
Semi-detached house 5
Row house 0
Apartment, duplex 5
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 280
1 person 40
2 persons 110
3 persons 55
4 persons 45
5 persons 20
6 or more persons 10
Number of persons in private households 760
Average number of persons in private households 2.7

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