Real Estate Market Report for
Fortune, NL

Updated : Aug 2016
House
  • Median price $79,900
  • Monthly growth -19.85 %
  • Quarterly trend
  • Stock on market 0.39%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Fortune Home Price

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Canada’s national median home listing price this month is $290,900, which means that Fortune is in the cheapest 20% for Canada.

While the median for Newfoundland and Labrador is $209,000 , which means that Fortune’s median price is $79,900 a lot lower than the rest of the province.

Newfoundland and Labrador has the second least amount of properties available to property investors, with Fortune having 98th most in the province, out of a total of 197.

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

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

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 Fortune have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
3 bedrooms $79,900
Demographics
  • Population in 20111442
  • Population in 20061458
  • 2006 to 2011 population change (%)-1.1
  • Total private dwellings769
  • Private dwellings occupied by usual residents636
  • Population density per square kilometre26.3
  • Land area (square km)54.85
  • Age Characteristics
    Total population by age groups 1445
    0 to 4 years 45
    5 to 9 years 70
    10 to 14 years 85
    15 to 19 years 65
    15 years 20
    16 years 20
    17 years 5
    18 years 15
    19 years 10
    20 to 24 years 55
    25 to 29 years 40
    30 to 34 years 60
    35 to 39 years 80
    40 to 44 years 120
    45 to 49 years 125
    50 to 54 years 100
    55 to 59 years 155
    60 to 64 years 180
    65 to 69 years 110
    70 to 74 years 55
    75 to 79 years 35
    80 to 84 years 35
    85 years and over 20
    Median age of the population 49.1
    % of the population aged 15 and over 86.2
  • Marital Status
    Total population 15 years and over by marital status 1240
    Married or living with a common-law partner 865
    Married (and not separated) 750
    Living common-law 115
    Not married and not living with a common-law partner 375
    Single (never legally married) 210
    Separated 15
    Divorced 50
    Widowed 95
    Family Characteristics
    Total number of census families in private households 490
    Size of census family: 2 persons 310
    Size of census family: 3 persons 100
    Size of census family: 4 persons 65
    Size of census family: 5 or more persons 20
    Total number of census families in private households 490
    Total couple families by family structure and number of children 430
    Married couples 370
    Without children at home 245
    With children at home 125
    1 child 65
    2 children 45
    3 or more children 10
    Common-law couples 55
    Without children at home 20
    With children at home 35
    1 child 20
    2 children 15
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 60
    Female parent 40
    1 child 35
    2 children 10
    3 or more children 0
    Male parent 20
    1 child 10
    2 children 5
    3 or more children 0
    Total children in census families in private households 340
    Under six years of age 55
    6 to 14 years 145
    15 to 17 years 40
    18 to 24 years 55
    25 years and over 40
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 1440
    Number of persons not in census families 185
    Living with relatives 30
    Living with non-relatives only 10
    Living alone 145
    Number of census family persons 1255
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 260
    Number of persons not in census families aged 65 years and over 75
    Living with relatives 15
    Living with non-relatives only 0
    Living alone 60
    Number of census family persons aged 65 years and over 185
    Total number of private households by household type 635
    Census-family households 480
    One-family-only households 460
    Couple-family households 410
    Without children 245
    With children 160
    Lone-parent-family households 50
    Other family households 20
    One-family households with persons not in a census family 15
    Couple-family households 10
    Without children 5
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 10
    Non-census-family households 150
    One-person households 145
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 635
    Single-detached house 605
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 30
    Semi-detached house 10
    Row house 10
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 5
    Other single-attached house 0
    Total number of private households by household size 635
    1 person 145
    2 persons 290
    3 persons 105
    4 persons 75
    5 persons 15
    6 or more persons 5
    Number of persons in private households 1440
    Average number of persons in private households 2.3
Census 2011

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