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Hanwell, NB

Updated: Aug 2016
House
Median price $263,450
Monthly growth
Quarterly trend
Stock on market 1.06%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Hanwell Home Price

Hanwell was Canada’s 1918th most expensive suburb by listed median house price this month.

In Aug the median listed house price of $263,450 in Hanwell was an impressive compared to the rest of New Brunswick.

Hanwell’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

From our data, it appears that neighbourhood is number 913th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.

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

In Hanwell, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Hanwell 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 Hanwell have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
3 bedrooms $249,900
4 bedrooms $339,000
5 bedrooms $317,450
Demographics
  • Population in 20117391
  • Population in 20066689
  • 2006 to 2011 population change (%)10.5
  • Total private dwellings2823
  • Private dwellings occupied by usual residents2679
  • Population density per square kilometre24.4
  • Land area (square km)303.52