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Norris Point, NL

Updated: Aug 2016
House
Median price $135,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.87%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Norris Point Home Price

With a median listing price of $135,000, Norris Point is Canada’s 4205th most expensive when ordered by median listing price.

In Aug the median listed house price of $135,000 in Norris Point was relatively low compared to the rest of Newfoundland and Labrador.

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

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Norris Point there is more stock than three months ago. This would indicate pressure on prices easing.

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Norris Point 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 Norris Point, 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 $130,950
Demographics
  • Population in 2011685
  • Population in 2006699
  • 2006 to 2011 population change (%)-2
  • Total private dwellings345
  • Private dwellings occupied by usual residents278
  • Population density per square kilometre139.5
  • Land area (square km)4.91

Age Characteristics

Total population by age groups 685
0 to 4 years 15
5 to 9 years 25
10 to 14 years 45
15 to 19 years 40
15 years 5
16 years 10
17 years 5
18 years 5
19 years 10
20 to 24 years 25
25 to 29 years 15
30 to 34 years 20
35 to 39 years 35
40 to 44 years 60
45 to 49 years 60
50 to 54 years 55
55 to 59 years 60
60 to 64 years 70
65 to 69 years 55
70 to 74 years 45
75 to 79 years 20
80 to 84 years 25
85 years and over 20
Median age of the population 50.2
% of the population aged 15 and over 87.2

Marital Status

Total population 15 years and over by marital status 595
Married or living with a common-law partner 395
Married (and not separated) 325
Living common-law 70
Not married and not living with a common-law partner 200
Single (never legally married) 115
Separated 10
Divorced 20
Widowed 55

Family Characteristics

Total number of census families in private households 225
Size of census family: 2 persons 135
Size of census family: 3 persons 45
Size of census family: 4 persons 35
Size of census family: 5 or more persons 10
Total number of census families in private households 225
Total couple families by family structure and number of children 195
Married couples 160
Without children at home 95
With children at home 65
1 child 35
2 children 25
3 or more children 10
Common-law couples 35
Without children at home 15
With children at home 20
1 child 5
2 children 5
3 or more children 5
Total lone-parent families by sex of parent and number of children 25
Female parent 25
1 child 20
2 children 5
3 or more children 0
Male parent 5
1 child 0
2 children 0
3 or more children 0
Total children in census families in private households 175
Under six years of age 20
6 to 14 years 70
15 to 17 years 20
18 to 24 years 40
25 years and over 25
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 670
Number of persons not in census families 80
Living with relatives 10
Living with non-relatives only 5
Living alone 65
Number of census family persons 590
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 145
Number of persons not in census families aged 65 years and over 40
Living with relatives 10
Living with non-relatives only 0
Living alone 35
Number of census family persons aged 65 years and over 105
Total number of private households by household type 280
Census-family households 210
One-family-only households 195
Couple-family households 175
Without children 105
With children 75
Lone-parent-family households 20
Other family households 20
One-family households with persons not in a census family 10
Couple-family households 10
Without children 5
With children 5
Lone-parent-family households 0
Two-or-more-family households 10
Non-census-family households 60
One-person households 65
Two-or-more-person households 0
Total number of occupied private dwellings by structural type of dwelling 275
Single-detached house 270
Apartment, building that has five or more storeys 0
Movable dwelling 0
Other dwelling 5
Semi-detached house 5
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 280
1 person 65
2 persons 120
3 persons 40
4 persons 35
5 persons 15
6 or more persons 5
Number of persons in private households 670
Average number of persons in private households 2.4

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