Across the nation CREW lists data for 5162 neighbourhoods, and this month Canal Flats is number 2921 putting it in the bottom half of the country .
When our research team crunched the numbers we calculated that Canal Flats has a median home price of $199,000.
Investors looking for properties in Canal Flats are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.
From our data, it appears that neighbourhood is number 1302th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.
Can we guarantee how well Canal Flats 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.
In Canal Flats, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Canal Flats will hopefully provide an indicator to help you where to research in-depth
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 Canal Flats have stayed pretty much the same which would tend to indicate that demand is steady.