In Aug the median listed house price of $81,000 in Ship Cove was relatively low compared to the rest of Newfoundland and Labrador.
Ship Cove’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 2 bedrooms.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Ship Cove will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Ship Cove, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.