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