Real Estate Market Report for
Comfort Cove-Newstead, NL

Updated : Nov 2014
House
  • Median price $46,950
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.82%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Comfort Cove-Newstead Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Canada’s national median home listing price this month is $299,900, which means that Comfort Cove-Newstead is in the cheapest 20% for Canada.

When our research team crunched the numbers we calculated that Comfort Cove-Newstead has a median home price of $46,950.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Nov this neighbourhood’s most common listing the same as the national average.

This month we track 121th neighbourhoods in Newfoundland and Labrador, and Comfort Cove-Newstead has the 121th most choice available for real estate investors.

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

If you are looking at investment properties in Comfort Cove-Newstead, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Newfoundland and Labrador has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

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

Demographics
  • Population in 2011451
  • Population in 2006451
  • 2006 to 2011 population change (%)0
  • Total private dwellings244
  • Private dwellings occupied by usual residents181
  • Population density per square kilometre15.1
  • Land area (square km)29.83
  • Age Characteristics
    Total population by age groups 455
    0 to 4 years 10
    5 to 9 years 10
    10 to 14 years 25
    15 to 19 years 25
    15 years 5
    16 years 5
    17 years 0
    18 years 10
    19 years 5
    20 to 24 years 25
    25 to 29 years 15
    30 to 34 years 5
    35 to 39 years 25
    40 to 44 years 35
    45 to 49 years 40
    50 to 54 years 50
    55 to 59 years 35
    60 to 64 years 45
    65 to 69 years 40
    70 to 74 years 25
    75 to 79 years 15
    80 to 84 years 15
    85 years and over 5
    Median age of the population 50.4
    % of the population aged 15 and over 89.7
  • Marital Status
    Total population 15 years and over by marital status 400
    Married or living with a common-law partner 285
    Married (and not separated) 235
    Living common-law 50
    Not married and not living with a common-law partner 115
    Single (never legally married) 85
    Separated 0
    Divorced 10
    Widowed 20
    Family Characteristics
    Total number of census families in private households 155
    Size of census family: 2 persons 90
    Size of census family: 3 persons 40
    Size of census family: 4 persons 25
    Size of census family: 5 or more persons 5
    Total number of census families in private households 160
    Total couple families by family structure and number of children 140
    Married couples 120
    Without children at home 75
    With children at home 40
    1 child 25
    2 children 20
    3 or more children 0
    Common-law couples 25
    Without children at home 10
    With children at home 15
    1 child 5
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 15
    Female parent 15
    1 child 5
    2 children 5
    3 or more children 0
    Male parent 5
    1 child 0
    2 children 5
    3 or more children 0
    Total children in census families in private households 115
    Under six years of age 15
    6 to 14 years 35
    15 to 17 years 5
    18 to 24 years 30
    25 years and over 25
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 450
    Number of persons not in census families 35
    Living with relatives 10
    Living with non-relatives only 5
    Living alone 30
    Number of census family persons 410
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 100
    Number of persons not in census families aged 65 years and over 15
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 15
    Number of census family persons aged 65 years and over 80
    Total number of private households by household type 180
    Census-family households 150
    One-family-only households 140
    Couple-family households 130
    Without children 80
    With children 50
    Lone-parent-family households 10
    Other family households 10
    One-family households with persons not in a census family 10
    Couple-family households 5
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 30
    One-person households 25
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 180
    Single-detached house 180
    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 180
    1 person 25
    2 persons 80
    3 persons 35
    4 persons 25
    5 persons 10
    6 or more persons 0
    Number of persons in private households 450
    Average number of persons in private households 2.5
Census 2011

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?