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Troy, NS

Updated: Aug 2016
House
Median price $264,000
Monthly growth
Quarterly trend
Stock on market 0.15%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Troy Home Price

When looking across the province, Troy is the 241th most expensive in Nova Scotia.

With Troy’s median house price at $264,000 in Aug , it is above average compared to the rest of Nova Scotia.

Across Nova Scotia Troy has the 417th most properties on offer with 825.

When we look at the data we have, it can help with trying to establish whether or not Troy is a good investment target.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Troy 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 Troy for investors, it’s important to look at data like:

Find a mortgage broker in Troy, NS
Demographics
  • Population in 20113357
  • Population in 20063668
  • 2006 to 2011 population change (%)-8.5
  • Total private dwellings1956
  • Private dwellings occupied by usual residents1398
  • Population density per square kilometre3.2
  • Land area (square km)1033.42

Age Characteristics

Total population by age groups 3355
0 to 4 years 120
5 to 9 years 155
10 to 14 years 205
15 to 19 years 215
15 years 35
16 years 50
17 years 35
18 years 45
19 years 40
20 to 24 years 155
25 to 29 years 95
30 to 34 years 120
35 to 39 years 180
40 to 44 years 215
45 to 49 years 295
50 to 54 years 315
55 to 59 years 295
60 to 64 years 335
65 to 69 years 255
70 to 74 years 170
75 to 79 years 100
80 to 84 years 65
85 years and over 65
Median age of the population 48.6
% of the population aged 15 and over 85.4

Marital Status

Total population 15 years and over by marital status 2870
Married or living with a common-law partner 1770
Married (and not separated) 1590
Living common-law 180
Not married and not living with a common-law partner 1100
Single (never legally married) 710
Separated 80
Divorced 115
Widowed 195

Family Characteristics

Total number of census families in private households 1005
Size of census family: 2 persons 585
Size of census family: 3 persons 170
Size of census family: 4 persons 165
Size of census family: 5 or more persons 90
Total number of census families in private households 1005
Total couple families by family structure and number of children 880
Married couples 790
Without children at home 430
With children at home 355
1 child 140
2 children 140
3 or more children 80
Common-law couples 90
Without children at home 55
With children at home 35
1 child 15
2 children 15
3 or more children 5
Total lone-parent families by sex of parent and number of children 125
Female parent 95
1 child 75
2 children 15
3 or more children 10
Male parent 30
1 child 20
2 children 5
3 or more children 0
Total children in census families in private households 920
Under six years of age 145
6 to 14 years 335
15 to 17 years 125
18 to 24 years 200
25 years and over 110
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 3305
Number of persons not in census families 505
Living with relatives 65
Living with non-relatives only 65
Living alone 375
Number of census family persons 2800
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 655
Number of persons not in census families aged 65 years and over 215
Living with relatives 25
Living with non-relatives only 10
Living alone 175
Number of census family persons aged 65 years and over 445
Total number of private households by household type 1400
Census-family households 985
One-family-only households 930
Couple-family households 835
Without children 465
With children 375
Lone-parent-family households 90
Other family households 55
One-family households with persons not in a census family 35
Couple-family households 20
Without children 15
With children 5
Lone-parent-family households 10
Two-or-more-family households 20
Non-census-family households 410
One-person households 375
Two-or-more-person households 35
Total number of occupied private dwellings by structural type of dwelling 1400
Single-detached house 1180
Apartment, building that has five or more storeys 0
Movable dwelling 170
Other dwelling 45
Semi-detached house 0
Row house 5
Apartment, duplex 5
Apartment, building that has fewer than five storeys 30
Other single-attached house 0
Total number of private households by household size 1400
1 person 375
2 persons 570
3 persons 175
4 persons 170
5 persons 70
6 or more persons 30
Number of persons in private households 3305
Average number of persons in private households 2.4

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