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Sydney Mines, NS

Updated: Aug 2016
House
Median price $102,400
Monthly growth 2.50 %
Quarterly trend
Stock on market 0.07%
Apartment
Median price $59,450
Monthly growth -0.75 %
Quarterly trend
Stock on market 0.00%

Sydney Mines Home Price

In Aug the median listed house price of $102,400 in Sydney Mines was relatively low compared to the rest of Nova Scotia.

From our data, it appears that neighbourhood is number 913th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Sydney Mines will hopefully provide an indicator to help you where to research in-depth

If you are looking at investment properties in Sydney Mines, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

When looking across the province, Sydney Mines is the 50th most expensive in Nova Scotia.

The $59,450 price tag on the median Sydney Mines home means that it is very cheap in comparison to the rest of the nation.

Across Nova Scotia Sydney Mines has the 37th most properties on offer with 51.

Nova Scotia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

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

Beds Median price (House) Median price (Apartment)
2 bedrooms $63,950
3 bedrooms $79,900
4 bedrooms $134,000
5 bedrooms $152,500
Demographics
  • Population in 201197398
  • Population in 2006102250
  • 2006 to 2011 population change (%)-4.7
  • Total private dwellings45371
  • Private dwellings occupied by usual residents41122
  • Population density per square kilometre40
  • Land area (square km)2433.35