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Maddox Cove, NL

Updated: Jan 2016
House
Median price $410,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.55%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Maddox Cove Home Price

Canada’s national median home listing price this month is $299,900, which means that Maddox Cove is in the top 20% for Canada.

With Maddox Cove’s median house price at $410,000 in Jan , it is high priced compared to the rest of Newfoundland and Labrador.

Newfoundland and Labrador has the third least amount of properties available to property investors, with Maddox Cove having 108th most in the province, out of a total of 147.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Maddox Cove there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

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

In Maddox Cove, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
3 bedrooms $410,000
Demographics
  • Population in 2011924
  • Population in 2006915
  • 2006 to 2011 population change (%)1
  • Total private dwellings363
  • Private dwellings occupied by usual residents341
  • Population density per square kilometre205.1
  • Land area (square km)4.51

Age Characteristics

Total population by age groups 925
0 to 4 years 50
5 to 9 years 55
10 to 14 years 50
15 to 19 years 55
15 years 15
16 years 5
17 years 15
18 years 10
19 years 10
20 to 24 years 50
25 to 29 years 35
30 to 34 years 65
35 to 39 years 70
40 to 44 years 85
45 to 49 years 80
50 to 54 years 80
55 to 59 years 65
60 to 64 years 60
65 to 69 years 35
70 to 74 years 35
75 to 79 years 25
80 to 84 years 15
85 years and over 5
Median age of the population 42
% of the population aged 15 and over 83

Marital Status

Total population 15 years and over by marital status 765
Married or living with a common-law partner 475
Married (and not separated) 420
Living common-law 55
Not married and not living with a common-law partner 290
Single (never legally married) 205
Separated 5
Divorced 30
Widowed 45

Family Characteristics

Total number of census families in private households 285
Size of census family: 2 persons 135
Size of census family: 3 persons 80
Size of census family: 4 persons 60
Size of census family: 5 or more persons 15
Total number of census families in private households 285
Total couple families by family structure and number of children 235
Married couples 210
Without children at home 85
With children at home 125
1 child 60
2 children 45
3 or more children 15
Common-law couples 25
Without children at home 15
With children at home 15
1 child 5
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 50
Female parent 40
1 child 30
2 children 10
3 or more children 5
Male parent 15
1 child 5
2 children 5
3 or more children 0
Total children in census families in private households 295
Under six years of age 60
6 to 14 years 100
15 to 17 years 35
18 to 24 years 60
25 years and over 50
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 925
Number of persons not in census families 105
Living with relatives 30
Living with non-relatives only 15
Living alone 60
Number of census family persons 820
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 120
Number of persons not in census families aged 65 years and over 30
Living with relatives 15
Living with non-relatives only 0
Living alone 20
Number of census family persons aged 65 years and over 90
Total number of private households by household type 340
Census-family households 270
One-family-only households 240
Couple-family households 205
Without children 80
With children 125
Lone-parent-family households 35
Other family households 35
One-family households with persons not in a census family 20
Couple-family households 15
Without children 5
With children 10
Lone-parent-family households 5
Two-or-more-family households 15
Non-census-family households 70
One-person households 55
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 340
Single-detached house 330
Apartment, building that has five or more storeys 0
Movable dwelling 0
Other dwelling 10
Semi-detached house 0
Row house 5
Apartment, duplex 10
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 340
1 person 55
2 persons 110
3 persons 80
4 persons 60
5 persons 20
6 or more persons 10
Number of persons in private households 925
Average number of persons in private households 2.7

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