Trending

Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.

Ads Google

Torbrook West, NS

Updated: Jun 2015
House
Median price $167,400
Monthly growth -25.56 %
Quarterly trend
Stock on market 0.11%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Torbrook West Home Price

Across the country as a whole, Torbrook West is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

The $167,400 price tag on the median Torbrook West home means that it is below the national norm.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Torbrook West has not many at all compared to the rest of the province

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

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

Can we guarantee how well Torbrook West is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

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

Beds Median price (House) Median price (Apartment)
4 bedrooms $244,900
Demographics
  • Population in 20112903
  • Population in 20063007
  • 2006 to 2011 population change (%)-3.5
  • Total private dwellings1811
  • Private dwellings occupied by usual residents1242
  • Population density per square kilometre1.5
  • Land area (square km)1978.7

Age Characteristics

Total population by age groups 2905
0 to 4 years 130
5 to 9 years 145
10 to 14 years 180
15 to 19 years 155
15 years 35
16 years 25
17 years 30
18 years 35
19 years 30
20 to 24 years 125
25 to 29 years 110
30 to 34 years 120
35 to 39 years 165
40 to 44 years 170
45 to 49 years 235
50 to 54 years 325
55 to 59 years 265
60 to 64 years 240
65 to 69 years 210
70 to 74 years 165
75 to 79 years 90
80 to 84 years 50
85 years and over 35
Median age of the population 48.5
% of the population aged 15 and over 84.3

Marital Status

Total population 15 years and over by marital status 2450
Married or living with a common-law partner 1670
Married (and not separated) 1370
Living common-law 300
Not married and not living with a common-law partner 775
Single (never legally married) 420
Separated 70
Divorced 130
Widowed 150

Family Characteristics

Total number of census families in private households 955
Size of census family: 2 persons 605
Size of census family: 3 persons 175
Size of census family: 4 persons 120
Size of census family: 5 or more persons 55
Total number of census families in private households 960
Total couple families by family structure and number of children 830
Married couples 685
Without children at home 430
With children at home 250
1 child 115
2 children 95
3 or more children 40
Common-law couples 150
Without children at home 90
With children at home 55
1 child 20
2 children 25
3 or more children 10
Total lone-parent families by sex of parent and number of children 125
Female parent 90
1 child 60
2 children 25
3 or more children 5
Male parent 35
1 child 20
2 children 10
3 or more children 5
Total children in census families in private households 735
Under six years of age 165
6 to 14 years 285
15 to 17 years 85
18 to 24 years 125
25 years and over 70
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 2900
Number of persons not in census families 375
Living with relatives 55
Living with non-relatives only 55
Living alone 270
Number of census family persons 2525
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 545
Number of persons not in census families aged 65 years and over 135
Living with relatives 30
Living with non-relatives only 10
Living alone 100
Number of census family persons aged 65 years and over 410
Total number of private households by household type 1240
Census-family households 950
One-family-only households 890
Couple-family households 795
Without children 510
With children 285
Lone-parent-family households 100
Other family households 60
One-family households with persons not in a census family 50
Couple-family households 30
Without children 15
With children 15
Lone-parent-family households 20
Two-or-more-family households 10
Non-census-family households 290
One-person households 265
Two-or-more-person households 25
Total number of occupied private dwellings by structural type of dwelling 1240
Single-detached house 1120
Apartment, building that has five or more storeys 0
Movable dwelling 105
Other dwelling 20
Semi-detached house 5
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 5
Other single-attached house 0
Total number of private households by household size 1245
1 person 265
2 persons 590
3 persons 190
4 persons 125
5 persons 50
6 or more persons 25
Number of persons in private households 2900
Average number of persons in private households 2.3

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

Useful Links

Advertisement

Website Managed By

© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media