Real Estate Market Report for
Bishop's Cove, NL

Updated : Aug 2016
House
  • Median price $147,400
  • Monthly growth -1.66 %
  • Quarterly trend
  • Stock on market 1.56%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Bishop's Cove Home Price

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Across the nation CREW lists data for 5162 neighbourhoods, and this month Bishop's Cove is number 3990 putting it behind most of Canada .

The $147,400 price tag on the median Bishop's Cove home means that it is below the national norm.

This month we track 138th neighbourhoods in Newfoundland and Labrador, and Bishop's Cove has the 138th most choice available for real estate investors.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Bishop's Cove will hopefully provide an indicator to help you where to research in-depth

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

Is Bishop's Cove a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Bishop's Cove there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
3 bedrooms $175,500
Demographics
  • Population in 2011275
  • Population in 2006329
  • 2006 to 2011 population change (%)-16.4
  • Total private dwellings128
  • Private dwellings occupied by usual residents110
  • Population density per square kilometre145.5
  • Land area (square km)1.89
  • Age Characteristics
    Total population by age groups 275
    0 to 4 years 15
    5 to 9 years 5
    10 to 14 years 15
    15 to 19 years 15
    15 years 5
    16 years 5
    17 years 0
    18 years 5
    19 years 0
    20 to 24 years 10
    25 to 29 years 10
    30 to 34 years 10
    35 to 39 years 10
    40 to 44 years 15
    45 to 49 years 30
    50 to 54 years 15
    55 to 59 years 25
    60 to 64 years 25
    65 to 69 years 25
    70 to 74 years 25
    75 to 79 years 15
    80 to 84 years 10
    85 years and over 0
    Median age of the population 49.3
    % of the population aged 15 and over 88.7
  • Marital Status
    Total population 15 years and over by marital status 245
    Married or living with a common-law partner 170
    Married (and not separated) 160
    Living common-law 10
    Not married and not living with a common-law partner 70
    Single (never legally married) 50
    Separated 0
    Divorced 5
    Widowed 20
    Family Characteristics
    Total number of census families in private households 90
    Size of census family: 2 persons 50
    Size of census family: 3 persons 20
    Size of census family: 4 persons 15
    Size of census family: 5 or more persons 5
    Total number of census families in private households 95
    Total couple families by family structure and number of children 85
    Married couples 80
    Without children at home 40
    With children at home 40
    1 child 20
    2 children 15
    3 or more children 5
    Common-law couples 5
    Without children at home 5
    With children at home 0
    1 child 0
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 5
    Female parent 5
    1 child 5
    2 children 0
    3 or more children 0
    Male parent 5
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 65
    Under six years of age 10
    6 to 14 years 20
    15 to 17 years 10
    18 to 24 years 15
    25 years and over 15
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 275
    Number of persons not in census families 30
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 25
    Number of census family persons 245
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 70
    Number of persons not in census families aged 65 years and over 15
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 10
    Number of census family persons aged 65 years and over 50
    Total number of private households by household type 110
    Census-family households 85
    One-family-only households 75
    Couple-family households 75
    Without children 40
    With children 35
    Lone-parent-family households 5
    Other family households 10
    One-family households with persons not in a census family 0
    Couple-family households 5
    Without children 5
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 25
    One-person households 25
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 110
    Single-detached house 110
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 0
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 0
    Total number of private households by household size 110
    1 person 25
    2 persons 40
    3 persons 25
    4 persons 20
    5 persons 5
    6 or more persons 0
    Number of persons in private households 275
    Average number of persons in private households 2.5
Census 2011

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