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."

Loch Lomond, NL

Updated: Sep 2014
House
Median price $198,900
Monthly growth
Quarterly trend
Stock on market 0.13%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Loch Lomond Home Price

When looking across the province, Loch Lomond is the 100th most expensive in Newfoundland and Labrador.

While the median for Newfoundland and Labrador is $293,900 , which means that Loch Lomond’s median price is $198,900 below average than the rest of the province.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Sep this neighbourhood’s most common listing has properties with fewer bedrooms.

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Loch Lomond needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Sep this neighbourhood’s most common listing the same as the national average.

Can we guarantee how well Loch Lomond is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

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 Loch Lomond have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
3 bedrooms $198,900
Demographics
  • Population in 20111810
  • Population in 20061883
  • 2006 to 2011 population change (%)-3.9
  • Total private dwellings1572
  • Private dwellings occupied by usual residents811
  • Population density per square kilometre1.5
  • Land area (square km)1217.94

Age Characteristics

Total population by age groups 1810
0 to 4 years 55
5 to 9 years 55
10 to 14 years 95
15 to 19 years 75
15 years 10
16 years 20
17 years 15
18 years 15
19 years 15
20 to 24 years 65
25 to 29 years 50
30 to 34 years 55
35 to 39 years 95
40 to 44 years 115
45 to 49 years 135
50 to 54 years 180
55 to 59 years 215
60 to 64 years 200
65 to 69 years 155
70 to 74 years 135
75 to 79 years 70
80 to 84 years 30
85 years and over 30
Median age of the population 53.3
% of the population aged 15 and over 88.5

Marital Status

Total population 15 years and over by marital status 1600
Married or living with a common-law partner 1070
Married (and not separated) 915
Living common-law 155
Not married and not living with a common-law partner 535
Single (never legally married) 290
Separated 45
Divorced 75
Widowed 130

Family Characteristics

Total number of census families in private households 610
Size of census family: 2 persons 400
Size of census family: 3 persons 135
Size of census family: 4 persons 55
Size of census family: 5 or more persons 20
Total number of census families in private households 610
Total couple families by family structure and number of children 535
Married couples 455
Without children at home 305
With children at home 150
1 child 95
2 children 40
3 or more children 20
Common-law couples 80
Without children at home 50
With children at home 30
1 child 20
2 children 10
3 or more children 0
Total lone-parent families by sex of parent and number of children 75
Female parent 65
1 child 40
2 children 20
3 or more children 5
Male parent 15
1 child 10
2 children 10
3 or more children 0
Total children in census families in private households 385
Under six years of age 65
6 to 14 years 140
15 to 17 years 45
18 to 24 years 70
25 years and over 70
Average number of children at home per census family 0.6

Household And Dwelling Characteristics

Total number of persons in private households 1795
Number of persons not in census families 270
Living with relatives 35
Living with non-relatives only 35
Living alone 200
Number of census family persons 1530
Average number of persons per census family 2.5
Total number of persons 65 years and over in private households 415
Number of persons not in census families aged 65 years and over 120
Living with relatives 20
Living with non-relatives only 5
Living alone 90
Number of census family persons aged 65 years and over 300
Total number of private households by household type 815
Census-family households 600
One-family-only households 550
Couple-family households 495
Without children 335
With children 165
Lone-parent-family households 55
Other family households 45
One-family households with persons not in a census family 30
Couple-family households 20
Without children 10
With children 5
Lone-parent-family households 15
Two-or-more-family households 15
Non-census-family households 215
One-person households 200
Two-or-more-person households 15
Total number of occupied private dwellings by structural type of dwelling 810
Single-detached house 785
Apartment, building that has five or more storeys 0
Movable dwelling 15
Other dwelling 15
Semi-detached house 10
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 815
1 person 200
2 persons 380
3 persons 130
4 persons 65
5 persons 20
6 or more persons 5
Number of persons in private households 1800
Average number of persons in private households 2.2

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