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Grates Cove, NL

Updated: Oct 2015
House
Median price $139,700
Monthly growth
Quarterly trend
Stock on market 0.15%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Grates Cove Home Price

Canada’s national median home listing price this month is $314,900, which means that Grates Cove is in the bottom 40% for Canada.

With Grates Cove’s median house price at $139,700 in Oct , it is below average compared to the rest of Newfoundland and Labrador.

According to our stats, Grates Cove is the neighbourhood that has the 145th most properties available to real estate investors in Newfoundland and Labrador.

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

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

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

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $109,900
Demographics
  • Population in 20112017
  • Population in 20062218
  • 2006 to 2011 population change (%)-9.1
  • Total private dwellings1359
  • Private dwellings occupied by usual residents899
  • Population density per square kilometre6.5
  • Land area (square km)308.54

Age Characteristics

Total population by age groups 2015
0 to 4 years 60
5 to 9 years 65
10 to 14 years 85
15 to 19 years 100
15 years 20
16 years 20
17 years 20
18 years 15
19 years 30
20 to 24 years 85
25 to 29 years 75
30 to 34 years 55
35 to 39 years 130
40 to 44 years 125
45 to 49 years 185
50 to 54 years 205
55 to 59 years 220
60 to 64 years 200
65 to 69 years 155
70 to 74 years 100
75 to 79 years 75
80 to 84 years 50
85 years and over 50
Median age of the population 51.1
% of the population aged 15 and over 89.7

Marital Status

Total population 15 years and over by marital status 1810
Married or living with a common-law partner 1105
Married (and not separated) 990
Living common-law 115
Not married and not living with a common-law partner 705
Single (never legally married) 425
Separated 40
Divorced 85
Widowed 155

Family Characteristics

Total number of census families in private households 645
Size of census family: 2 persons 385
Size of census family: 3 persons 135
Size of census family: 4 persons 110
Size of census family: 5 or more persons 15
Total number of census families in private households 645
Total couple families by family structure and number of children 550
Married couples 490
Without children at home 290
With children at home 200
1 child 95
2 children 90
3 or more children 15
Common-law couples 55
Without children at home 25
With children at home 30
1 child 15
2 children 10
3 or more children 0
Total lone-parent families by sex of parent and number of children 95
Female parent 70
1 child 45
2 children 20
3 or more children 5
Male parent 25
1 child 20
2 children 5
3 or more children 0
Total children in census families in private households 495
Under six years of age 75
6 to 14 years 130
15 to 17 years 55
18 to 24 years 115
25 years and over 115
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 2015
Number of persons not in census families 325
Living with relatives 45
Living with non-relatives only 30
Living alone 250
Number of census family persons 1685
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 430
Number of persons not in census families aged 65 years and over 150
Living with relatives 25
Living with non-relatives only 0
Living alone 125
Number of census family persons aged 65 years and over 280
Total number of private households by household type 900
Census-family households 635
One-family-only households 585
Couple-family households 510
Without children 295
With children 215
Lone-parent-family households 70
Other family households 50
One-family households with persons not in a census family 35
Couple-family households 25
Without children 15
With children 10
Lone-parent-family households 10
Two-or-more-family households 10
Non-census-family households 265
One-person households 250
Two-or-more-person households 20
Total number of occupied private dwellings by structural type of dwelling 900
Single-detached house 880
Apartment, building that has five or more storeys 0
Movable dwelling 5
Other dwelling 15
Semi-detached house 10
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 900
1 person 250
2 persons 360
3 persons 140
4 persons 125
5 persons 20
6 or more persons 5
Number of persons in private households 2015
Average number of persons in private households 2.3

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