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South River, NL

Updated: Aug 2016
House
Median price $247,450
Monthly growth -9.00 %
Quarterly trend
Stock on market 3.24%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

South River Home Price

In Aug the median listed house price of $247,450 in South River was an above average compared to the rest of Newfoundland and Labrador.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

Newfoundland and Labrador has the second least amount of properties available to property investors, with South River having 49th most in the province, out of a total of 197.

Can we guarantee how well South River 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.

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

It’s never an exact art, but to try to forecast how property is going to appreciate in South River for investors, it’s important to look at data like:

If you are looking at investment properties in South River, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
3 bedrooms $224,900
4 bedrooms $262,000
Demographics
  • Population in 2011655
  • Population in 2006649
  • 2006 to 2011 population change (%)0.9
  • Total private dwellings309
  • Private dwellings occupied by usual residents268
  • Population density per square kilometre108
  • Land area (square km)6.06

Age Characteristics

Total population by age groups 655
0 to 4 years 30
5 to 9 years 40
10 to 14 years 35
15 to 19 years 25
15 years 5
16 years 10
17 years 5
18 years 0
19 years 0
20 to 24 years 35
25 to 29 years 40
30 to 34 years 35
35 to 39 years 40
40 to 44 years 45
45 to 49 years 60
50 to 54 years 60
55 to 59 years 70
60 to 64 years 65
65 to 69 years 30
70 to 74 years 20
75 to 79 years 15
80 to 84 years 20
85 years and over 0
Median age of the population 46
% of the population aged 15 and over 84.4

Marital Status

Total population 15 years and over by marital status 555
Married or living with a common-law partner 365
Married (and not separated) 320
Living common-law 45
Not married and not living with a common-law partner 190
Single (never legally married) 120
Separated 15
Divorced 25
Widowed 35

Family Characteristics

Total number of census families in private households 210
Size of census family: 2 persons 105
Size of census family: 3 persons 60
Size of census family: 4 persons 35
Size of census family: 5 or more persons 10
Total number of census families in private households 215
Total couple families by family structure and number of children 185
Married couples 160
Without children at home 75
With children at home 80
1 child 45
2 children 35
3 or more children 10
Common-law couples 20
Without children at home 15
With children at home 10
1 child 10
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 30
Female parent 25
1 child 10
2 children 5
3 or more children 5
Male parent 10
1 child 5
2 children 0
3 or more children 0
Total children in census families in private households 185
Under six years of age 40
6 to 14 years 60
15 to 17 years 20
18 to 24 years 35
25 years and over 35
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 655
Number of persons not in census families 75
Living with relatives 20
Living with non-relatives only 10
Living alone 45
Number of census family persons 580
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 85
Number of persons not in census families aged 65 years and over 30
Living with relatives 10
Living with non-relatives only 5
Living alone 15
Number of census family persons aged 65 years and over 55
Total number of private households by household type 270
Census-family households 210
One-family-only households 205
Couple-family households 175
Without children 90
With children 90
Lone-parent-family households 30
Other family households 5
One-family households with persons not in a census family 5
Couple-family households 5
Without children 0
With children 0
Lone-parent-family households 5
Two-or-more-family households 0
Non-census-family households 60
One-person households 45
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 270
Single-detached house 255
Apartment, building that has five or more storeys 0
Movable dwelling 0
Other dwelling 5
Semi-detached house 5
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 5
Other single-attached house 5
Total number of private households by household size 270
1 person 50
2 persons 110
3 persons 60
4 persons 35
5 persons 5
6 or more persons 0
Number of persons in private households 655
Average number of persons in private households 2.5

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