Trending

If you’re a newer house flipper, you have probably heard about the 70 percent rule. Here’s your guide to the investing rule that can prevent you from spending too much money on an investment.

Ads Google

Happy Adventure, NL

Updated: Aug 2016
House
Median price $107,500
Monthly growth 0.00 %
Quarterly trend
Stock on market 4.49%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Happy Adventure Home Price

Canada’s national median home listing price this month is $290,900, which means that Happy Adventure is in the cheapest 20% for Canada.

While the median for Newfoundland and Labrador is $209,000 , which means that Happy Adventure’s median price is $107,500 a lot lower than the rest of the province.

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 Newfoundland and Labrador Happy Adventure has the 57th most properties on offer with 197.

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

The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.

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

In Happy Adventure, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
3 bedrooms $168,250
4 bedrooms $217,000
Demographics
  • Population in 2011219
  • Population in 2006227
  • 2006 to 2011 population change (%)-3.5
  • Total private dwellings156
  • Private dwellings occupied by usual residents105
  • Population density per square kilometre22.8
  • Land area (square km)9.62

Age Characteristics

Total population by age groups 220
0 to 4 years 5
5 to 9 years 5
10 to 14 years 0
15 to 19 years 10
15 years 5
16 years 0
17 years 0
18 years 5
19 years 0
20 to 24 years 5
25 to 29 years 10
30 to 34 years 5
35 to 39 years 5
40 to 44 years 15
45 to 49 years 25
50 to 54 years 20
55 to 59 years 30
60 to 64 years 25
65 to 69 years 25
70 to 74 years 20
75 to 79 years 10
80 to 84 years 5
85 years and over 0
Median age of the population 55.8
% of the population aged 15 and over 92.8

Marital Status

Total population 15 years and over by marital status 210
Married or living with a common-law partner 140
Married (and not separated) 125
Living common-law 15
Not married and not living with a common-law partner 70
Single (never legally married) 35
Separated 10
Divorced 5
Widowed 20

Family Characteristics

Total number of census families in private households 80
Size of census family: 2 persons 60
Size of census family: 3 persons 15
Size of census family: 4 persons 0
Size of census family: 5 or more persons 0
Total number of census families in private households 85
Total couple families by family structure and number of children 65
Married couples 60
Without children at home 45
With children at home 15
1 child 15
2 children 0
3 or more children 0
Common-law couples 5
Without children at home 5
With children at home 5
1 child 0
2 children 0
3 or more children 0
Total lone-parent families by sex of parent and number of children 10
Female parent 10
1 child 5
2 children 5
3 or more children 0
Male parent 5
1 child 0
2 children 0
3 or more children 0
Total children in census families in private households 35
Under six years of age 5
6 to 14 years 10
15 to 17 years 5
18 to 24 years 5
25 years and over 10
Average number of children at home per census family 0.4

Household And Dwelling Characteristics

Total number of persons in private households 220
Number of persons not in census families 35
Living with relatives 5
Living with non-relatives only 5
Living alone 25
Number of census family persons 185
Average number of persons per census family 2.2
Total number of persons 65 years and over in private households 60
Number of persons not in census families aged 65 years and over 15
Living with relatives 5
Living with non-relatives only 0
Living alone 15
Number of census family persons aged 65 years and over 45
Total number of private households by household type 105
Census-family households 80
One-family-only households 75
Couple-family households 65
Without children 50
With children 10
Lone-parent-family households 10
Other family households 5
One-family households with persons not in a census family 10
Couple-family households 5
Without children 0
With children 0
Lone-parent-family households 0
Two-or-more-family households 5
Non-census-family households 25
One-person households 25
Two-or-more-person households 0
Total number of occupied private dwellings by structural type of dwelling 105
Single-detached house 105
Apartment, building that has five or more storeys 0
Movable dwelling 0
Other dwelling 0
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 105
1 person 25
2 persons 50
3 persons 20
4 persons 0
5 persons 5
6 or more persons 0
Number of persons in private households 220
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.

Useful Links

Advertisement

Website Managed By

© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media