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Portugal Cove, NL

Updated: Aug 2016
House
Median price $426,900
Monthly growth -2.95 %
Quarterly trend
Stock on market 1.10%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Portugal Cove Home Price

With a median listing price of $426,900, Portugal Cove is Canada’s 634th most expensive when ordered by median listing price.

Portugal Cove, Newfoundland and Labrador has a median house price of $426,900 when compiling all the home listings in Aug .

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Portugal Cove has a huge choice compared to the rest of the province

Can we guarantee how well Portugal Cove 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.

If you are looking at investment properties in Portugal Cove, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

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.

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Portugal Cove 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Portugal Cove there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
3 bedrooms $484,670
4 bedrooms $474,900
5 bedrooms $342,400
Demographics
  • Population in 20117366
  • Population in 20066575
  • 2006 to 2011 population change (%)12
  • Total private dwellings2824
  • Private dwellings occupied by usual residents2692
  • Population density per square kilometre128.4
  • Land area (square km)57.35

Age Characteristics

Total population by age groups 7365
0 to 4 years 500
5 to 9 years 520
10 to 14 years 430
15 to 19 years 395
15 years 75
16 years 80
17 years 80
18 years 80
19 years 80
20 to 24 years 360
25 to 29 years 380
30 to 34 years 480
35 to 39 years 680
40 to 44 years 680
45 to 49 years 620
50 to 54 years 610
55 to 59 years 535
60 to 64 years 415
65 to 69 years 315
70 to 74 years 195
75 to 79 years 120
80 to 84 years 80
85 years and over 50
Median age of the population 39.5
% of the population aged 15 and over 80.3

Marital Status

Total population 15 years and over by marital status 5915
Married or living with a common-law partner 4090
Married (and not separated) 3480
Living common-law 615
Not married and not living with a common-law partner 1825
Single (never legally married) 1240
Separated 125
Divorced 225
Widowed 230

Family Characteristics

Total number of census families in private households 2295
Size of census family: 2 persons 1045
Size of census family: 3 persons 585
Size of census family: 4 persons 530
Size of census family: 5 or more persons 135
Total number of census families in private households 2295
Total couple families by family structure and number of children 2030
Married couples 1725
Without children at home 710
With children at home 1020
1 child 420
2 children 470
3 or more children 125
Common-law couples 305
Without children at home 170
With children at home 140
1 child 80
2 children 50
3 or more children 10
Total lone-parent families by sex of parent and number of children 265
Female parent 200
1 child 130
2 children 60
3 or more children 10
Male parent 60
1 child 40
2 children 15
3 or more children 5
Total children in census families in private households 2345
Under six years of age 610
6 to 14 years 835
15 to 17 years 225
18 to 24 years 435
25 years and over 245
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 7345
Number of persons not in census families 670
Living with relatives 145
Living with non-relatives only 125
Living alone 400
Number of census family persons 6670
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 750
Number of persons not in census families aged 65 years and over 200
Living with relatives 70
Living with non-relatives only 10
Living alone 120
Number of census family persons aged 65 years and over 550
Total number of private households by household type 2690
Census-family households 2240
One-family-only households 2040
Couple-family households 1850
Without children 790
With children 1055
Lone-parent-family households 195
Other family households 200
One-family households with persons not in a census family 140
Couple-family households 105
Without children 35
With children 65
Lone-parent-family households 35
Two-or-more-family households 60
Non-census-family households 455
One-person households 400
Two-or-more-person households 50
Total number of occupied private dwellings by structural type of dwelling 2690
Single-detached house 2515
Apartment, building that has five or more storeys 0
Movable dwelling 5
Other dwelling 175
Semi-detached house 20
Row house 5
Apartment, duplex 115
Apartment, building that has fewer than five storeys 30
Other single-attached house 0
Total number of private households by household size 2695
1 person 400
2 persons 960
3 persons 570
4 persons 550
5 persons 155
6 or more persons 55
Number of persons in private households 7345
Average number of persons in private households 2.7

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