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“The average cost of a one-bedroom unit in Toronto was $1,866 a month last November,” said a report from LowestRates.ca. "“This represents a 19% year-over-year decrease."

Thornlea, NL

Updated: Aug 2015
House
Median price $159,900
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.32%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Thornlea Home Price

Across the nation CREW lists data for 4862 neighbourhoods, and this month Thornlea is number 3445 putting it in the bottom half of the country .

With Thornlea’s median house price at $159,900 in Aug , it is below average compared to the rest of Newfoundland and Labrador.

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

If you are looking at investment properties in Thornlea, 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.

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Thornlea 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.

If you are looking at investment properties in Thornlea, 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 $159,900
Demographics
  • Population in 2011757
  • Population in 2006898
  • 2006 to 2011 population change (%)-15.7
  • Total private dwellings623
  • Private dwellings occupied by usual residents349
  • Population density per square kilometre1
  • Land area (square km)779.54

Age Characteristics

Total population by age groups 755
0 to 4 years 15
5 to 9 years 25
10 to 14 years 20
15 to 19 years 30
15 years 10
16 years 5
17 years 10
18 years 5
19 years 5
20 to 24 years 25
25 to 29 years 15
30 to 34 years 25
35 to 39 years 30
40 to 44 years 40
45 to 49 years 70
50 to 54 years 90
55 to 59 years 110
60 to 64 years 95
65 to 69 years 70
70 to 74 years 35
75 to 79 years 35
80 to 84 years 15
85 years and over 15
Median age of the population 55.1
% of the population aged 15 and over 93

Marital Status

Total population 15 years and over by marital status 705
Married or living with a common-law partner 495
Married (and not separated) 440
Living common-law 55
Not married and not living with a common-law partner 210
Single (never legally married) 110
Separated 10
Divorced 30
Widowed 65

Family Characteristics

Total number of census families in private households 270
Size of census family: 2 persons 190
Size of census family: 3 persons 45
Size of census family: 4 persons 30
Size of census family: 5 or more persons 5
Total number of census families in private households 270
Total couple families by family structure and number of children 245
Married couples 220
Without children at home 150
With children at home 65
1 child 35
2 children 30
3 or more children 0
Common-law couples 25
Without children at home 20
With children at home 5
1 child 0
2 children 0
3 or more children 0
Total lone-parent families by sex of parent and number of children 20
Female parent 15
1 child 10
2 children 5
3 or more children 0
Male parent 5
1 child 5
2 children 0
3 or more children 0
Total children in census families in private households 140
Under six years of age 15
6 to 14 years 35
15 to 17 years 15
18 to 24 years 40
25 years and over 35
Average number of children at home per census family 0.5

Household And Dwelling Characteristics

Total number of persons in private households 760
Number of persons not in census families 105
Living with relatives 15
Living with non-relatives only 10
Living alone 80
Number of census family persons 660
Average number of persons per census family 2.4
Total number of persons 65 years and over in private households 180
Number of persons not in census families aged 65 years and over 55
Living with relatives 10
Living with non-relatives only 0
Living alone 45
Number of census family persons aged 65 years and over 125
Total number of private households by household type 350
Census-family households 265
One-family-only households 245
Couple-family households 230
Without children 160
With children 65
Lone-parent-family households 20
Other family households 15
One-family households with persons not in a census family 10
Couple-family households 10
Without children 5
With children 0
Lone-parent-family households 0
Two-or-more-family households 5
Non-census-family households 85
One-person households 80
Two-or-more-person households 5
Total number of occupied private dwellings by structural type of dwelling 350
Single-detached house 340
Apartment, building that has five or more storeys 0
Movable dwelling 10
Other dwelling 0
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 350
1 person 80
2 persons 185
3 persons 45
4 persons 35
5 persons 5
6 or more persons 0
Number of persons in private households 755
Average number of persons in private households 2.2

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