Across the nation CREW lists data for 5162 neighbourhoods, and this month Cumberland is number 814 putting it ahead of most neighbourhoods .
When our research team crunched the numbers we calculated that Cumberland has a median home price of $389,900.
British Columbia has the third most amount of properties available to property investors, with Cumberland having 145th most in the province, out of a total of 359.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Cumberland will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Cumberland, 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.
When we look at the data we have, it can help with trying to establish whether or not Cumberland is a good investment target.
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 Cumberland have stayed pretty much the same which would tend to indicate that demand is steady.