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Sutherland Lake, NS

Updated: Aug 2016
House
Median price $250,000
Monthly growth 0.02 %
Quarterly trend
Stock on market 0.09%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Sutherland Lake Home Price

Across the country as a whole, Sutherland Lake is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

While the median for Nova Scotia is $232,500 , which means that Sutherland Lake’s median price is $250,000 better than average than the rest of the province.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

This month we track 417th neighbourhoods in Nova Scotia, and Sutherland Lake has the 417th most choice available for real estate investors.

Is Sutherland Lake 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 increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

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

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
3 bedrooms $254,900
Demographics
  • Population in 20114266
  • Population in 20064454
  • 2006 to 2011 population change (%)-4.2
  • Total private dwellings3325
  • Private dwellings occupied by usual residents1848
  • Population density per square kilometre4
  • Land area (square km)1054.06