Victoria Cove, NL

Updated: Apr 2015
House
Median price $197,450
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.11%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Victoria Cove Home Price

The median house price listed in Victoria Cove this month is $197,450.

Victoria Cove’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

From our data, it appears that neighbourhood is number 4134th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.

When we look at the data we have, it can help with trying to establish whether or not Victoria Cove 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 Victoria Cove there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Can we guarantee how well Victoria Cove 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.

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 Victoria Cove have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
3 bedrooms $197,450
Demographics
  • Population in 20113105
  • Population in 20063248
  • 2006 to 2011 population change (%)-4.4
  • Total private dwellings1827
  • Private dwellings occupied by usual residents1263
  • Population density per square kilometre2.3
  • Land area (square km)1324.05