Trending

“The average cost of a one-bedroom unit in Toronto was $1,866 a month last November,” said a report from LowestRates.ca. "“This represents a 19% year-over-year decrease."

Happy Valley-Goose Bay, NL

Updated: Aug 2016
House
Median price $364,000
Monthly growth 12.00 %
Quarterly trend
Stock on market 0.35%
Apartment
Median price $459,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.09%

Happy Valley-Goose Bay Home Price

Canada’s national median home listing price this month is $290,900, which means that Happy Valley-Goose Bay is in the top 20% for Canada.

When our research team crunched the numbers we calculated that Happy Valley-Goose Bay has a median home price of $364,000.

Investors looking for properties in Happy Valley-Goose Bay are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Happy Valley-Goose Bay has more than the average number to choose from compared to the rest of the province

Will prices rise across the next year in in Happy Valley-Goose Bay? There are a number of real estate indicators to consider.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Happy Valley-Goose Bay, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 19, this month we show 12.

With a median listing price of $459,000, Happy Valley-Goose Bay is Canada’s 49th most expensive when ordered by median listing price.

While the median for Newfoundland and Labrador is $299,000 , which means that Happy Valley-Goose Bay’s median price is $459,000 considerably better 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 the average number of bedrooms than the most commonly available across the nation.

There are 13 neighbourhoods that have more properties on sale than Happy Valley-Goose Bay at the moment in Newfoundland and Labrador which puts the neighbourhood middle range when looking at the number of properties to choose from.

Will prices rise across the next year in in Happy Valley-Goose Bay? There are a number of real estate indicators to consider.

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 Happy Valley-Goose Bay have increased which would tend to indicate that demand is not as high as supply.

Beds Median price (House) Median price (Apartment)
3 bedrooms $364,000
4 bedrooms $314,900
Demographics
  • Population in 20117552
  • Population in 20067572
  • 2006 to 2011 population change (%)-0.3
  • Total private dwellings3386
  • Private dwellings occupied by usual residents2843
  • Population density per square kilometre24.7
  • Land area (square km)305.85

Age Characteristics

Total population by age groups 7550
0 to 4 years 475
5 to 9 years 425
10 to 14 years 490
15 to 19 years 520
15 years 110
16 years 105
17 years 100
18 years 120
19 years 90
20 to 24 years 490
25 to 29 years 540
30 to 34 years 500
35 to 39 years 600
40 to 44 years 665
45 to 49 years 695
50 to 54 years 625
55 to 59 years 495
60 to 64 years 375
65 to 69 years 270
70 to 74 years 170
75 to 79 years 110
80 to 84 years 60
85 years and over 50
Median age of the population 38
% of the population aged 15 and over 81.6

Marital Status

Total population 15 years and over by marital status 6165
Married or living with a common-law partner 3970
Married (and not separated) 3005
Living common-law 970
Not married and not living with a common-law partner 2195
Single (never legally married) 1590
Separated 115
Divorced 260
Widowed 230

Family Characteristics

Total number of census families in private households 2330
Size of census family: 2 persons 1135
Size of census family: 3 persons 625
Size of census family: 4 persons 440
Size of census family: 5 or more persons 135
Total number of census families in private households 2335
Total couple families by family structure and number of children 1970
Married couples 1490
Without children at home 650
With children at home 835
1 child 405
2 children 340
3 or more children 90
Common-law couples 480
Without children at home 250
With children at home 230
1 child 130
2 children 75
3 or more children 35
Total lone-parent families by sex of parent and number of children 365
Female parent 280
1 child 175
2 children 75
3 or more children 30
Male parent 85
1 child 65
2 children 20
3 or more children 5
Total children in census families in private households 2305
Under six years of age 530
6 to 14 years 815
15 to 17 years 295
18 to 24 years 460
25 years and over 205
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 7455
Number of persons not in census families 840
Living with relatives 155
Living with non-relatives only 180
Living alone 515
Number of census family persons 6615
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 605
Number of persons not in census families aged 65 years and over 160
Living with relatives 40
Living with non-relatives only 5
Living alone 105
Number of census family persons aged 65 years and over 450
Total number of private households by household type 2845
Census-family households 2260
One-family-only households 2050
Couple-family households 1780
Without children 805
With children 975
Lone-parent-family households 270
Other family households 215
One-family households with persons not in a census family 140
Couple-family households 100
Without children 45
With children 60
Lone-parent-family households 40
Two-or-more-family households 65
Non-census-family households 580
One-person households 510
Two-or-more-person households 70
Total number of occupied private dwellings by structural type of dwelling 2845
Single-detached house 1770
Apartment, building that has five or more storeys 0
Movable dwelling 70
Other dwelling 1000
Semi-detached house 535
Row house 225
Apartment, duplex 65
Apartment, building that has fewer than five storeys 170
Other single-attached house 5
Total number of private households by household size 2845
1 person 510
2 persons 1035
3 persons 615
4 persons 480
5 persons 150
6 or more persons 60
Number of persons in private households 7450
Average number of persons in private households 2.6

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