When looking across the province, East Garafraxa is the 36th most expensive in Ontario.
The median house price listed in East Garafraxa this month is $949,000.
Investors looking for properties in East Garafraxa are most likely to find 4 bedroom homes on offer this month, with 5 bedroom potential investment properties the second most popular.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then East Garafraxa has a pretty average amount compared to the rest of the province
Is East Garafraxa a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 East Garafraxa have dried up which would tend to indicate that demand is higher than the supply of new properties.
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.
As one of Ontario’s many potential real estate investment neighbourhoods, East Garafraxa needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Over the last three months in East Garafraxa, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.