In Aug the median listed house price of $187,400 in Bayside was a below average compared to the rest of Nova Scotia.
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.
This month we track 587th neighbourhoods in Nova Scotia, and Bayside has the 587th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Bayside is a good investment target.
If you are looking at investment properties in Bayside, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
As one of Nova Scotia’s many potential real estate investment neighbourhoods, Bayside 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.
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.