Trepassey, NL

Updated: Nov 2015
House
Median price $59,900
Monthly growth -14.30 %
Quarterly trend
Stock on market 0.60%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Trepassey Home Price

Canada’s national median home listing price this month is $309,000, which means that Trepassey is in the cheapest 20% for Canada.

When our research team crunched the numbers we calculated that Trepassey has a median home price of $59,900.

From our data, it appears that neighbourhood is number 3849th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.

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

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Trepassey have stayed pretty much the same which would tend to indicate that demand is steady.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Trepassey 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 Trepassey there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
3 bedrooms $74,900
Demographics
  • Population in 2011570
  • Population in 2006763
  • 2006 to 2011 population change (%)-25.3
  • Total private dwellings335
  • Private dwellings occupied by usual residents258
  • Population density per square kilometre10.2
  • Land area (square km)55.81