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“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."

Lark Harbour, NL

Updated: Jun 2016
House
Median price $157,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 1.04%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Lark Harbour Home Price

Across the country as a whole, Lark Harbour is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

While the median for Newfoundland and Labrador is $249,000 , which means that Lark Harbour’s median price is $157,000 below average than the rest of the province.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lark Harbour has a pretty average amount compared to the rest of the province

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

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.

Is Lark Harbour a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

If you are looking at investment properties in Lark Harbour, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
2 bedrooms $144,000
Demographics
  • Population in 2011510
  • Population in 2006565
  • 2006 to 2011 population change (%)-9.7
  • Total private dwellings288
  • Private dwellings occupied by usual residents209
  • Population density per square kilometre39.5
  • Land area (square km)12.92

Age Characteristics

Total population by age groups 510
0 to 4 years 10
5 to 9 years 20
10 to 14 years 35
15 to 19 years 25
15 years 5
16 years 5
17 years 10
18 years 5
19 years 0
20 to 24 years 15
25 to 29 years 15
30 to 34 years 30
35 to 39 years 30
40 to 44 years 35
45 to 49 years 35
50 to 54 years 45
55 to 59 years 45
60 to 64 years 65
65 to 69 years 40
70 to 74 years 30
75 to 79 years 10
80 to 84 years 15
85 years and over 15
Median age of the population 50.9
% of the population aged 15 and over 86.9

Marital Status

Total population 15 years and over by marital status 445
Married or living with a common-law partner 295
Married (and not separated) 270
Living common-law 25
Not married and not living with a common-law partner 145
Single (never legally married) 80
Separated 10
Divorced 15
Widowed 45

Family Characteristics

Total number of census families in private households 170
Size of census family: 2 persons 100
Size of census family: 3 persons 35
Size of census family: 4 persons 30
Size of census family: 5 or more persons 5
Total number of census families in private households 170
Total couple families by family structure and number of children 145
Married couples 135
Without children at home 80
With children at home 55
1 child 25
2 children 25
3 or more children 5
Common-law couples 10
Without children at home 0
With children at home 5
1 child 5
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 20
Female parent 15
1 child 15
2 children 0
3 or more children 5
Male parent 5
1 child 0
2 children 0
3 or more children 0
Total children in census families in private households 125
Under six years of age 20
6 to 14 years 45
15 to 17 years 20
18 to 24 years 20
25 years and over 25
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 500
Number of persons not in census families 60
Living with relatives 15
Living with non-relatives only 5
Living alone 40
Number of census family persons 445
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 100
Number of persons not in census families aged 65 years and over 25
Living with relatives 5
Living with non-relatives only 0
Living alone 20
Number of census family persons aged 65 years and over 80
Total number of private households by household type 210
Census-family households 165
One-family-only households 155
Couple-family households 135
Without children 80
With children 60
Lone-parent-family households 20
Other family households 10
One-family households with persons not in a census family 10
Couple-family households 10
Without children 5
With children 5
Lone-parent-family households 0
Two-or-more-family households 0
Non-census-family households 40
One-person households 40
Two-or-more-person households 0
Total number of occupied private dwellings by structural type of dwelling 210
Single-detached house 210
Apartment, building that has five or more storeys 0
Movable dwelling 0
Other dwelling 0
Semi-detached house 0
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 210
1 person 40
2 persons 95
3 persons 35
4 persons 30
5 persons 5
6 or more persons 0
Number of persons in private households 505
Average number of persons in private households 2.4

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