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Topsail, NL

Updated: Aug 2016
House
Median price $349,000
Monthly growth -24.94 %
Quarterly trend
Stock on market 0.05%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Topsail Home Price

The median asking price in Topsail is $349,000, an improvement on the median three months ago which was $422,450 .

When our research team crunched the numbers we calculated that Topsail has a median home price of $349,000.

From our data, it appears that neighbourhood is number 2904th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Topsail there is more stock than three months ago. This would indicate pressure on prices easing.

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.

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

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)
4 bedrooms $362,400
Demographics
  • Population in 201124848
  • Population in 200621966
  • 2006 to 2011 population change (%)13.1
  • Total private dwellings9527
  • Private dwellings occupied by usual residents9139
  • Population density per square kilometre419.2
  • Land area (square km)59.27