Trending

Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.

Ads Google

Shelley, BC

Updated: Jun 2016
House
Median price $144,450
Monthly growth -19.30 %
Quarterly trend
Stock on market 0.33%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Shelley Home Price

The median house price listed in Shelley this month is $144,450.

British Columbia has the third most amount of properties available to property investors, with Shelley having 313th most in the province, out of a total of 347.

Is Shelley a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

As one of British Columbia’s many potential real estate investment neighbourhoods, Shelley 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.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
1 bedroom $144,450
Demographics
  • Population in 20111207
  • Population in 20061284
  • 2006 to 2011 population change (%)-6
  • Total private dwellings603
  • Private dwellings occupied by usual residents527
  • Population density per square kilometre0.1
  • Land area (square km)12506.14

Age Characteristics

Total population by age groups 1210
0 to 4 years 60
5 to 9 years 55
10 to 14 years 55
15 to 19 years 65
15 years 15
16 years 5
17 years 15
18 years 10
19 years 20
20 to 24 years 40
25 to 29 years 60
30 to 34 years 70
35 to 39 years 85
40 to 44 years 100
45 to 49 years 145
50 to 54 years 120
55 to 59 years 110
60 to 64 years 95
65 to 69 years 70
70 to 74 years 50
75 to 79 years 20
80 to 84 years 15
85 years and over 10
Median age of the population 45.7
% of the population aged 15 and over 86.3

Marital Status

Total population 15 years and over by marital status 1035
Married or living with a common-law partner 685
Married (and not separated) 515
Living common-law 175
Not married and not living with a common-law partner 355
Single (never legally married) 225
Separated 25
Divorced 70
Widowed 35

Family Characteristics

Total number of census families in private households 375
Size of census family: 2 persons 215
Size of census family: 3 persons 75
Size of census family: 4 persons 65
Size of census family: 5 or more persons 15
Total number of census families in private households 370
Total couple families by family structure and number of children 340
Married couples 250
Without children at home 140
With children at home 115
1 child 50
2 children 50
3 or more children 15
Common-law couples 90
Without children at home 50
With children at home 35
1 child 20
2 children 10
3 or more children 0
Total lone-parent families by sex of parent and number of children 35
Female parent 15
1 child 15
2 children 5
3 or more children 0
Male parent 15
1 child 15
2 children 0
3 or more children 0
Total children in census families in private households 285
Under six years of age 65
6 to 14 years 100
15 to 17 years 35
18 to 24 years 55
25 years and over 30
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 1200
Number of persons not in census families 200
Living with relatives 20
Living with non-relatives only 40
Living alone 140
Number of census family persons 1000
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 155
Number of persons not in census families aged 65 years and over 50
Living with relatives 5
Living with non-relatives only 5
Living alone 40
Number of census family persons aged 65 years and over 105
Total number of private households by household type 525
Census-family households 370
One-family-only households 350
Couple-family households 325
Without children 185
With children 145
Lone-parent-family households 20
Other family households 20
One-family households with persons not in a census family 15
Couple-family households 10
Without children 5
With children 5
Lone-parent-family households 5
Two-or-more-family households 5
Non-census-family households 160
One-person households 135
Two-or-more-person households 25
Total number of occupied private dwellings by structural type of dwelling 525
Single-detached house 495
Apartment, building that has five or more storeys 0
Movable dwelling 25
Other dwelling 15
Semi-detached house 10
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 525
1 person 135
2 persons 225
3 persons 80
4 persons 65
5 persons 20
6 or more persons 5
Number of persons in private households 1200
Average number of persons in private households 2.3

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.

Useful Links

Advertisement

Website Managed By

© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media