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Upper Coverdale, NB

Updated: Aug 2016
House
Median price $312,400
Monthly growth
Quarterly trend
Stock on market 0.32%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Upper Coverdale Home Price

Across the country as a whole, Upper Coverdale is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

When our research team crunched the numbers we calculated that Upper Coverdale has a median home price of $312,400.

Investors looking for properties in Upper Coverdale are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.

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

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

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

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.

Find a mortgage broker in Upper Coverdale, NB
Beds Median price (House) Median price (Apartment)
2 bedrooms $254,900
3 bedrooms $287,450
4 bedrooms $349,900
Demographics
  • Population in 20119421
  • Population in 20068861
  • 2006 to 2011 population change (%)6.3
  • Total private dwellings3766
  • Private dwellings occupied by usual residents3640
  • Population density per square kilometre16.3
  • Land area (square km)579.5

Age Characteristics

Total population by age groups 9420
0 to 4 years 475
5 to 9 years 520
10 to 14 years 515
15 to 19 years 545
15 years 125
16 years 105
17 years 105
18 years 105
19 years 110
20 to 24 years 465
25 to 29 years 520
30 to 34 years 570
35 to 39 years 675
40 to 44 years 740
45 to 49 years 890
50 to 54 years 860
55 to 59 years 870
60 to 64 years 750
65 to 69 years 465
70 to 74 years 250
75 to 79 years 175
80 to 84 years 90
85 years and over 60
Median age of the population 42.9
% of the population aged 15 and over 84

Marital Status

Total population 15 years and over by marital status 7915
Married or living with a common-law partner 5465
Married (and not separated) 4460
Living common-law 1010
Not married and not living with a common-law partner 2450
Single (never legally married) 1680
Separated 185
Divorced 310
Widowed 275

Family Characteristics

Total number of census families in private households 3045
Size of census family: 2 persons 1680
Size of census family: 3 persons 665
Size of census family: 4 persons 545
Size of census family: 5 or more persons 155
Total number of census families in private households 3040
Total couple families by family structure and number of children 2720
Married couples 2215
Without children at home 1160
With children at home 1055
1 child 475
2 children 455
3 or more children 130
Common-law couples 500
Without children at home 310
With children at home 195
1 child 100
2 children 75
3 or more children 25
Total lone-parent families by sex of parent and number of children 325
Female parent 250
1 child 155
2 children 80
3 or more children 15
Male parent 75
1 child 55
2 children 15
3 or more children 5
Total children in census families in private households 2630
Under six years of age 570
6 to 14 years 930
15 to 17 years 325
18 to 24 years 515
25 years and over 295
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 9405
Number of persons not in census families 1010
Living with relatives 170
Living with non-relatives only 280
Living alone 560
Number of census family persons 8395
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 1035
Number of persons not in census families aged 65 years and over 245
Living with relatives 60
Living with non-relatives only 30
Living alone 155
Number of census family persons aged 65 years and over 795
Total number of private households by household type 3640
Census-family households 2965
One-family-only households 2725
Couple-family households 2485
Without children 1340
With children 1150
Lone-parent-family households 235
Other family households 240
One-family households with persons not in a census family 170
Couple-family households 125
Without children 65
With children 55
Lone-parent-family households 40
Two-or-more-family households 75
Non-census-family households 675
One-person households 560
Two-or-more-person households 115
Total number of occupied private dwellings by structural type of dwelling 3640
Single-detached house 2975
Apartment, building that has five or more storeys 0
Movable dwelling 550
Other dwelling 110
Semi-detached house 40
Row house 0
Apartment, duplex 55
Apartment, building that has fewer than five storeys 10
Other single-attached house 5
Total number of private households by household size 3640
1 person 560
2 persons 1575
3 persons 700
4 persons 580
5 persons 160
6 or more persons 75
Number of persons in private households 9405
Average number of persons in private households 2.6

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.

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