Ads Google

Malagash, NS

Updated: Aug 2016
House
Median price $234,000
Monthly growth 122.91 %
Quarterly trend
Stock on market 0.84%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Malagash Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Malagash is number 2326 putting it in the top half of the country .

In Aug the median listed house price of $234,000 in Malagash was an above average compared to the rest of Nova Scotia.

Nova Scotia has the fifth most amount of properties available to property investors, with Malagash having 52th most in the province, out of a total of 825.

Nova Scotia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.

As one of Nova Scotia’s many potential real estate investment neighbourhoods, Malagash 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.

Over the last three months in Malagash, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
3 bedrooms $272,000
4 bedrooms $159,900
Demographics
  • Population in 20114266
  • Population in 20064454
  • 2006 to 2011 population change (%)-4.2
  • Total private dwellings3325
  • Private dwellings occupied by usual residents1848
  • Population density per square kilometre4
  • Land area (square km)1054.06