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South Rustico, PE

Updated: Jan 2016
House
Median price $124,900
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.33%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

South Rustico Home Price

The median asking price in South Rustico is $124,900, quite a drop from the median three months ago which was $127,500 .

The median house price listed in South Rustico this month is $124,900.

This month we track 74th neighbourhoods in Prince Edward Island, and South Rustico has the 74th most choice available for real estate investors.

As one of Prince Edward Island’s many potential real estate investment neighbourhoods, South Rustico 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.

In South Rustico, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

When we look at the data we have, it can help with trying to establish whether or not South Rustico 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 South Rustico 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 $236,000
Demographics
  • Population in 20111656
  • Population in 20061572
  • 2006 to 2011 population change (%)5.3
  • Total private dwellings918
  • Private dwellings occupied by usual residents652
  • Population density per square kilometre23.7
  • Land area (square km)69.84

Age Characteristics

Total population by age groups 1660
0 to 4 years 105
5 to 9 years 70
10 to 14 years 95
15 to 19 years 105
15 years 20
16 years 25
17 years 20
18 years 20
19 years 20
20 to 24 years 90
25 to 29 years 80
30 to 34 years 85
35 to 39 years 90
40 to 44 years 115
45 to 49 years 145
50 to 54 years 145
55 to 59 years 125
60 to 64 years 140
65 to 69 years 90
70 to 74 years 75
75 to 79 years 45
80 to 84 years 40
85 years and over 10
Median age of the population 44.5
% of the population aged 15 and over 83.9

Marital Status

Total population 15 years and over by marital status 1385
Married or living with a common-law partner 935
Married (and not separated) 840
Living common-law 100
Not married and not living with a common-law partner 450
Single (never legally married) 305
Separated 40
Divorced 50
Widowed 60

Family Characteristics

Total number of census families in private households 545
Size of census family: 2 persons 310
Size of census family: 3 persons 110
Size of census family: 4 persons 90
Size of census family: 5 or more persons 30
Total number of census families in private households 545
Total couple families by family structure and number of children 465
Married couples 410
Without children at home 220
With children at home 195
1 child 90
2 children 80
3 or more children 30
Common-law couples 50
Without children at home 35
With children at home 15
1 child 5
2 children 10
3 or more children 0
Total lone-parent families by sex of parent and number of children 85
Female parent 60
1 child 40
2 children 20
3 or more children 5
Male parent 20
1 child 10
2 children 5
3 or more children 5
Total children in census families in private households 480
Under six years of age 120
6 to 14 years 150
15 to 17 years 60
18 to 24 years 95
25 years and over 55
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 1650
Number of persons not in census families 160
Living with relatives 15
Living with non-relatives only 25
Living alone 115
Number of census family persons 1490
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 250
Number of persons not in census families aged 65 years and over 50
Living with relatives 10
Living with non-relatives only 0
Living alone 40
Number of census family persons aged 65 years and over 205
Total number of private households by household type 650
Census-family households 525
One-family-only households 490
Couple-family households 430
Without children 230
With children 195
Lone-parent-family households 60
Other family households 35
One-family households with persons not in a census family 20
Couple-family households 15
Without children 5
With children 10
Lone-parent-family households 5
Two-or-more-family households 15
Non-census-family households 125
One-person households 115
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 650
Single-detached house 590
Apartment, building that has five or more storeys 0
Movable dwelling 40
Other dwelling 25
Semi-detached house 5
Row house 10
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 650
1 person 115
2 persons 280
3 persons 110
4 persons 105
5 persons 30
6 or more persons 10
Number of persons in private households 1650
Average number of persons in private households 2.5

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