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Lakeburn, NB

Updated: Aug 2016
House
Median price $454,900
Monthly growth
Quarterly trend
Stock on market 0.02%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Lakeburn Home Price

The median asking price in Lakeburn is $454,900, a substantial increase over the median three months ago which was $479,000 .

The median house price listed in Lakeburn this month is $454,900.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

New Brunswick has the seventh most amount of properties available to property investors, with Lakeburn having 306th most in the province, out of a total of 421.

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

Over the last three months in Lakeburn, housing stock available seems to be falling – this could mean that homes values might increase faster.

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

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

Beds Median price (House) Median price (Apartment)
5 bedrooms $569,900
Demographics
  • Population in 201123310
  • Population in 200618565
  • 2006 to 2011 population change (%)25.6
  • Total private dwellings9804
  • Private dwellings occupied by usual residents9280
  • Population density per square kilometre430.8
  • Land area (square km)54.11