Trending

Discover the top Canadian real estate investment hotspots! Explore lucrative opportunities in Canada's premier locations for maximum returns.

Ads Google

Magrath, AB

Updated: Aug 2016
House
Median price $229,000
Monthly growth -15.18 %
Quarterly trend
Stock on market 1.47%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Magrath Home Price

While the median for Alberta is $375,000 , which means that Magrath’s median price is $229,000 better than average than the rest of the province.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

Across Alberta Magrath has the 142th most properties on offer with 339.

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

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 Magrath have dried up which would tend to indicate that demand is higher than the supply of new properties.

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

Can we guarantee how well Magrath 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.

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.

Find a mortgage broker in Magrath, AB
Beds Median price (House) Median price (Apartment)
2 bedrooms $189,375
3 bedrooms $164,000
4 bedrooms $201,950
5 bedrooms $282,000
6 bedrooms $344,450
Demographics
  • Population in 20112217
  • Population in 20062081
  • 2006 to 2011 population change (%)6.5
  • Total private dwellings748
  • Private dwellings occupied by usual residents684
  • Population density per square kilometre446.2
  • Land area (square km)4.97

Age Characteristics

Total population by age groups 2215
0 to 4 years 190
5 to 9 years 215
10 to 14 years 205
15 to 19 years 190
15 years 45
16 years 35
17 years 40
18 years 40
19 years 30
20 to 24 years 115
25 to 29 years 100
30 to 34 years 130
35 to 39 years 115
40 to 44 years 100
45 to 49 years 130
50 to 54 years 105
55 to 59 years 140
60 to 64 years 115
65 to 69 years 90
70 to 74 years 85
75 to 79 years 75
80 to 84 years 40
85 years and over 70
Median age of the population 33.6
% of the population aged 15 and over 72.6

Marital Status

Total population 15 years and over by marital status 1610
Married or living with a common-law partner 1070
Married (and not separated) 1015
Living common-law 50
Not married and not living with a common-law partner 540
Single (never legally married) 335
Separated 20
Divorced 75
Widowed 105

Family Characteristics

Total number of census families in private households 580
Size of census family: 2 persons 270
Size of census family: 3 persons 90
Size of census family: 4 persons 80
Size of census family: 5 or more persons 140
Total number of census families in private households 580
Total couple families by family structure and number of children 520
Married couples 495
Without children at home 230
With children at home 265
1 child 65
2 children 65
3 or more children 130
Common-law couples 25
Without children at home 10
With children at home 15
1 child 10
2 children 5
3 or more children 5
Total lone-parent families by sex of parent and number of children 60
Female parent 50
1 child 20
2 children 15
3 or more children 15
Male parent 10
1 child 10
2 children 0
3 or more children 0
Total children in census families in private households 880
Under six years of age 230
6 to 14 years 370
15 to 17 years 120
18 to 24 years 130
25 years and over 35
Average number of children at home per census family 1.5

Household And Dwelling Characteristics

Total number of persons in private households 2140
Number of persons not in census families 155
Living with relatives 30
Living with non-relatives only 15
Living alone 110
Number of census family persons 1985
Average number of persons per census family 3.4
Total number of persons 65 years and over in private households 290
Number of persons not in census families aged 65 years and over 75
Living with relatives 15
Living with non-relatives only 5
Living alone 60
Number of census family persons aged 65 years and over 220
Total number of private households by household type 685
Census-family households 565
One-family-only households 530
Couple-family households 480
Without children 220
With children 260
Lone-parent-family households 45
Other family households 35
One-family households with persons not in a census family 20
Couple-family households 20
Without children 10
With children 10
Lone-parent-family households 5
Two-or-more-family households 15
Non-census-family households 115
One-person households 115
Two-or-more-person households 5
Total number of occupied private dwellings by structural type of dwelling 685
Single-detached house 620
Apartment, building that has five or more storeys 0
Movable dwelling 30
Other dwelling 35
Semi-detached house 5
Row house 0
Apartment, duplex 10
Apartment, building that has fewer than five storeys 15
Other single-attached house 5
Total number of private households by household size 685
1 person 115
2 persons 250
3 persons 90
4 persons 85
5 persons 55
6 or more persons 95
Number of persons in private households 2140
Average number of persons in private households 3.1

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

© 2023 Canadian Estate Wealth. All Rights Reserved by Merged Media