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Tors Cove, NL

Updated: Aug 2016
House
Median price $199,900
Monthly growth 42.88 %
Quarterly trend
Stock on market 0.73%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Tors Cove Home Price

When looking across the province, Tors Cove is the 91th most expensive in Newfoundland and Labrador.

While the median for Newfoundland and Labrador is $209,000 , which means that Tors Cove’s median price is $199,900 below average than the rest of the province.

If you’re looking at investment properties in Tors Cove, then you’re most likely to find homes with 3 bedrooms on sale this month.

Across Newfoundland and Labrador Tors Cove has the 57th most properties on offer with 197.

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

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

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

If you are looking at investment properties in Tors Cove, 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 $198,700
Demographics
  • Population in 20111489
  • Population in 20061620
  • 2006 to 2011 population change (%)-8.1
  • Total private dwellings956
  • Private dwellings occupied by usual residents624
  • Population density per square kilometre2
  • Land area (square km)754.37

Age Characteristics

Total population by age groups 1490
0 to 4 years 60
5 to 9 years 70
10 to 14 years 65
15 to 19 years 100
15 years 10
16 years 20
17 years 20
18 years 30
19 years 20
20 to 24 years 80
25 to 29 years 70
30 to 34 years 75
35 to 39 years 60
40 to 44 years 85
45 to 49 years 135
50 to 54 years 175
55 to 59 years 130
60 to 64 years 130
65 to 69 years 90
70 to 74 years 70
75 to 79 years 45
80 to 84 years 20
85 years and over 25
Median age of the population 48.2
% of the population aged 15 and over 87.1

Marital Status

Total population 15 years and over by marital status 1295
Married or living with a common-law partner 745
Married (and not separated) 650
Living common-law 100
Not married and not living with a common-law partner 550
Single (never legally married) 350
Separated 30
Divorced 65
Widowed 110

Family Characteristics

Total number of census families in private households 455
Size of census family: 2 persons 235
Size of census family: 3 persons 100
Size of census family: 4 persons 95
Size of census family: 5 or more persons 20
Total number of census families in private households 455
Total couple families by family structure and number of children 370
Married couples 320
Without children at home 150
With children at home 170
1 child 70
2 children 75
3 or more children 20
Common-law couples 50
Without children at home 30
With children at home 20
1 child 15
2 children 5
3 or more children 5
Total lone-parent families by sex of parent and number of children 85
Female parent 75
1 child 50
2 children 10
3 or more children 10
Male parent 10
1 child 5
2 children 5
3 or more children 0
Total children in census families in private households 440
Under six years of age 85
6 to 14 years 110
15 to 17 years 50
18 to 24 years 120
25 years and over 85
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 1490
Number of persons not in census families 215
Living with relatives 35
Living with non-relatives only 20
Living alone 160
Number of census family persons 1270
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 255
Number of persons not in census families aged 65 years and over 100
Living with relatives 15
Living with non-relatives only 5
Living alone 85
Number of census family persons aged 65 years and over 150
Total number of private households by household type 625
Census-family households 450
One-family-only households 415
Couple-family households 350
Without children 170
With children 185
Lone-parent-family households 65
Other family households 30
One-family households with persons not in a census family 25
Couple-family households 10
Without children 10
With children 5
Lone-parent-family households 10
Two-or-more-family households 5
Non-census-family households 175
One-person households 165
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 625
Single-detached house 620
Apartment, building that has five or more storeys 0
Movable dwelling 0
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 625
1 person 165
2 persons 220
3 persons 115
4 persons 95
5 persons 30
6 or more persons 0
Number of persons in private households 1490
Average number of persons in private households 2.4

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