Pouch Cove, NL

Updated: Aug 2016
House
Median price $270,950
Monthly growth -5.72 %
Quarterly trend
Stock on market 3.15%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Pouch Cove Home Price

The median asking price in Pouch Cove is $270,950, an improvement on the median three months ago which was $274,450 .

When our research team crunched the numbers we calculated that Pouch Cove has a median home price of $270,950.

If you’re looking at investment properties in Pouch Cove, then you’re most likely to find homes with 3 bedrooms on sale this month.

Can we guarantee how well Pouch 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.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Pouch Cove, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 18, this month we show 24.

When we look at the data we have, it can help with trying to establish whether or not Pouch Cove 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 Pouch 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)
2 bedrooms $126,950
3 bedrooms $283,450
4 bedrooms $269,900
5 bedrooms $449,900
Demographics
  • Population in 20111866
  • Population in 20061756
  • 2006 to 2011 population change (%)6.3
  • Total private dwellings763
  • Private dwellings occupied by usual residents725
  • Population density per square kilometre32
  • Land area (square km)58.34