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Portage Vale, NB

Updated: Aug 2016
House
Median price $79,900
Monthly growth 27.94 %
Quarterly trend
Stock on market 0.41%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Portage Vale Home Price

Across the country as a whole, Portage Vale is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

The $79,900 price tag on the median Portage Vale home means that it is very cheap in comparison to the rest of the nation.

There are 421 neighbourhoods that have more properties on sale than Portage Vale at the moment in New Brunswick which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.

As one of New Brunswick’s many potential real estate investment neighbourhoods, Portage Vale 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 Portage Vale have increased which would tend to indicate that demand is not as high as supply.

New Brunswick 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.

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

Find a mortgage broker in Portage Vale, NB
Beds Median price (House) Median price (Apartment)
2 bedrooms $97,450
Demographics
  • Population in 20111414
  • Population in 20061479
  • 2006 to 2011 population change (%)-4.4
  • Total private dwellings737
  • Private dwellings occupied by usual residents583
  • Population density per square kilometre4.5
  • Land area (square km)311.72

Age Characteristics

Total population by age groups 1415
0 to 4 years 65
5 to 9 years 60
10 to 14 years 90
15 to 19 years 105
15 years 15
16 years 25
17 years 25
18 years 25
19 years 20
20 to 24 years 65
25 to 29 years 70
30 to 34 years 75
35 to 39 years 60
40 to 44 years 100
45 to 49 years 125
50 to 54 years 115
55 to 59 years 125
60 to 64 years 115
65 to 69 years 80
70 to 74 years 70
75 to 79 years 50
80 to 84 years 20
85 years and over 30
Median age of the population 45.7
% of the population aged 15 and over 85

Marital Status

Total population 15 years and over by marital status 1205
Married or living with a common-law partner 820
Married (and not separated) 685
Living common-law 135
Not married and not living with a common-law partner 385
Single (never legally married) 240
Separated 25
Divorced 65
Widowed 55

Family Characteristics

Total number of census families in private households 440
Size of census family: 2 persons 250
Size of census family: 3 persons 90
Size of census family: 4 persons 65
Size of census family: 5 or more persons 35
Total number of census families in private households 440
Total couple families by family structure and number of children 405
Married couples 340
Without children at home 200
With children at home 145
1 child 60
2 children 50
3 or more children 30
Common-law couples 65
Without children at home 35
With children at home 35
1 child 20
2 children 5
3 or more children 5
Total lone-parent families by sex of parent and number of children 35
Female parent 25
1 child 15
2 children 10
3 or more children 5
Male parent 10
1 child 5
2 children 5
3 or more children 0
Total children in census families in private households 370
Under six years of age 85
6 to 14 years 130
15 to 17 years 65
18 to 24 years 75
25 years and over 25
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 1410
Number of persons not in census families 185
Living with relatives 20
Living with non-relatives only 35
Living alone 130
Number of census family persons 1225
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 235
Number of persons not in census families aged 65 years and over 75
Living with relatives 10
Living with non-relatives only 5
Living alone 55
Number of census family persons aged 65 years and over 165
Total number of private households by household type 580
Census-family households 430
One-family-only households 415
Couple-family households 385
Without children 215
With children 170
Lone-parent-family households 25
Other family households 20
One-family households with persons not in a census family 15
Couple-family households 10
Without children 5
With children 0
Lone-parent-family households 5
Two-or-more-family households 10
Non-census-family households 145
One-person households 130
Two-or-more-person households 15
Total number of occupied private dwellings by structural type of dwelling 580
Single-detached house 540
Apartment, building that has five or more storeys 0
Movable dwelling 25
Other dwelling 15
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 15
Other single-attached house 5
Total number of private households by household size 585
1 person 130
2 persons 245
3 persons 100
4 persons 70
5 persons 20
6 or more persons 15
Number of persons in private households 1405
Average number of persons in private households 2.4

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