Real Estate Market Report for
Birchy Bay, NL

Updated : Jun 2016
House
  • Median price $229,700
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.72%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Birchy Bay Home Price

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Canada’s national median home listing price this month is $310,000, which means that Birchy Bay is close to average for Canada.

While the median for Newfoundland and Labrador is $249,000 , which means that Birchy Bay’s median price is $229,700 better than average than the rest of the province.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

There are 191 neighbourhoods that have more properties on sale than Birchy Bay at the moment in Newfoundland and Labrador which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.

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

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

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.

Will prices rise across the next year in in Birchy Bay? There are a number of real estate indicators to consider.

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.

Beds Median price (House) Median price (Apartment)
4 bedrooms $229,700
Demographics
  • Population in 2011566
  • Population in 2006618
  • 2006 to 2011 population change (%)-8.4
  • Total private dwellings276
  • Private dwellings occupied by usual residents228
  • Population density per square kilometre11.4
  • Land area (square km)49.52
  • Age Characteristics
    Total population by age groups 565
    0 to 4 years 20
    5 to 9 years 25
    10 to 14 years 25
    15 to 19 years 40
    15 years 0
    16 years 15
    17 years 10
    18 years 5
    19 years 5
    20 to 24 years 25
    25 to 29 years 20
    30 to 34 years 25
    35 to 39 years 30
    40 to 44 years 40
    45 to 49 years 60
    50 to 54 years 60
    55 to 59 years 60
    60 to 64 years 60
    65 to 69 years 30
    70 to 74 years 15
    75 to 79 years 15
    80 to 84 years 10
    85 years and over 5
    Median age of the population 47.5
    % of the population aged 15 and over 87.1
  • Marital Status
    Total population 15 years and over by marital status 495
    Married or living with a common-law partner 370
    Married (and not separated) 335
    Living common-law 40
    Not married and not living with a common-law partner 125
    Single (never legally married) 85
    Separated 5
    Divorced 10
    Widowed 20
    Family Characteristics
    Total number of census families in private households 200
    Size of census family: 2 persons 125
    Size of census family: 3 persons 35
    Size of census family: 4 persons 35
    Size of census family: 5 or more persons 10
    Total number of census families in private households 200
    Total couple families by family structure and number of children 185
    Married couples 165
    Without children at home 100
    With children at home 60
    1 child 30
    2 children 30
    3 or more children 0
    Common-law couples 20
    Without children at home 10
    With children at home 10
    1 child 5
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 10
    Female parent 10
    1 child 10
    2 children 0
    3 or more children 5
    Male parent 0
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 135
    Under six years of age 25
    6 to 14 years 40
    15 to 17 years 25
    18 to 24 years 30
    25 years and over 15
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 565
    Number of persons not in census families 50
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 30
    Number of census family persons 520
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 80
    Number of persons not in census families aged 65 years and over 20
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 15
    Number of census family persons aged 65 years and over 60
    Total number of private households by household type 225
    Census-family households 195
    One-family-only households 185
    Couple-family households 170
    Without children 110
    With children 65
    Lone-parent-family households 5
    Other family households 15
    One-family households with persons not in a census family 10
    Couple-family households 5
    Without children 0
    With children 10
    Lone-parent-family households 5
    Two-or-more-family households 0
    Non-census-family households 35
    One-person households 30
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 230
    Single-detached house 205
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 15
    Semi-detached house 5
    Row house 0
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 5
    Total number of private households by household size 230
    1 person 30
    2 persons 120
    3 persons 40
    4 persons 30
    5 persons 10
    6 or more persons 0
    Number of persons in private households 560
    Average number of persons in private households 2.5
Census 2011

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