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Meadowbank, PE

Updated: Apr 2016
House
Median price $113,500
Monthly growth 0.00 %
Quarterly trend
Stock on market 1.02%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Meadowbank Home Price

When looking across the province, Meadowbank is the 146th most expensive in Prince Edward Island.

While the median for Prince Edward Island is $179,000 , which means that Meadowbank’s median price is $113,500 a lot lower than the rest of the province.

This month we track 116th neighbourhoods in Prince Edward Island, and Meadowbank has the 116th most choice available for real estate investors.

As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Meadowbank 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.

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

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

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

If you are looking at investment properties in Meadowbank, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
4 bedrooms $142,750
Demographics
  • Population in 2011338
  • Population in 2006364
  • 2006 to 2011 population change (%)-7.1
  • Total private dwellings196
  • Private dwellings occupied by usual residents135
  • Population density per square kilometre36.6
  • Land area (square km)9.25

Age Characteristics

Total population by age groups 335
0 to 4 years 10
5 to 9 years 15
10 to 14 years 20
15 to 19 years 25
15 years 5
16 years 5
17 years 5
18 years 5
19 years 5
20 to 24 years 15
25 to 29 years 10
30 to 34 years 5
35 to 39 years 20
40 to 44 years 15
45 to 49 years 20
50 to 54 years 30
55 to 59 years 50
60 to 64 years 50
65 to 69 years 10
70 to 74 years 15
75 to 79 years 10
80 to 84 years 5
85 years and over 5
Median age of the population 51.1
% of the population aged 15 and over 86.8

Marital Status

Total population 15 years and over by marital status 290
Married or living with a common-law partner 200
Married (and not separated) 175
Living common-law 30
Not married and not living with a common-law partner 85
Single (never legally married) 60
Separated 5
Divorced 10
Widowed 10

Family Characteristics

Total number of census families in private households 110
Size of census family: 2 persons 55
Size of census family: 3 persons 30
Size of census family: 4 persons 15
Size of census family: 5 or more persons 10
Total number of census families in private households 110
Total couple families by family structure and number of children 95
Married couples 85
Without children at home 45
With children at home 40
1 child 20
2 children 10
3 or more children 10
Common-law couples 15
Without children at home 10
With children at home 0
1 child 5
2 children 0
3 or more children 0
Total lone-parent families by sex of parent and number of children 10
Female parent 5
1 child 0
2 children 5
3 or more children 5
Male parent 0
1 child 0
2 children 0
3 or more children 0
Total children in census families in private households 95
Under six years of age 15
6 to 14 years 35
15 to 17 years 15
18 to 24 years 20
25 years and over 15
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 335
Number of persons not in census families 35
Living with relatives 5
Living with non-relatives only 5
Living alone 25
Number of census family persons 305
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 45
Number of persons not in census families aged 65 years and over 10
Living with relatives 0
Living with non-relatives only 0
Living alone 15
Number of census family persons aged 65 years and over 35
Total number of private households by household type 135
Census-family households 110
One-family-only households 105
Couple-family households 95
Without children 50
With children 40
Lone-parent-family households 10
Other family households 0
One-family households with persons not in a census family 0
Couple-family households 0
Without children 0
With children 5
Lone-parent-family households 0
Two-or-more-family households 0
Non-census-family households 30
One-person households 25
Two-or-more-person households 0
Total number of occupied private dwellings by structural type of dwelling 135
Single-detached house 135
Apartment, building that has five or more storeys 0
Movable dwelling 5
Other dwelling 5
Semi-detached house 0
Row house 0
Apartment, duplex 5
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 135
1 person 25
2 persons 60
3 persons 30
4 persons 10
5 persons 10
6 or more persons 0
Number of persons in private households 335
Average number of persons in private households 2.5

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.

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