Real Estate Market Report for
Gallants, NL

Updated : Apr 2015
House
  • Median price $52,400
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 3.39%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Gallants Home Price

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When looking across the province, Gallants is the 163th most expensive in Newfoundland and Labrador.

Gallants, Newfoundland and Labrador has a median house price of $52,400 when compiling all the home listings in Apr .

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

According to our stats, Gallants is the neighbourhood that has the 114th most properties available to real estate investors in Newfoundland and Labrador.

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Gallants 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.

In Gallants, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

When we look at the data we have, it can help with trying to establish whether or not Gallants 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 Gallants have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
2 bedrooms $52,400
Demographics
  • Population in 201159
  • Population in 200654
  • 2006 to 2011 population change (%)9.3
  • Total private dwellings59
  • Private dwellings occupied by usual residents32
  • Population density per square kilometre9.3
  • Land area (square km)6.34
  • Age Characteristics
    Total population by age groups 60
    0 to 4 years 0
    5 to 9 years 5
    10 to 14 years 0
    15 to 19 years 5
    15 years 0
    16 years 0
    17 years 0
    18 years 0
    19 years 0
    20 to 24 years 0
    25 to 29 years 0
    30 to 34 years 0
    35 to 39 years 0
    40 to 44 years 0
    45 to 49 years 0
    50 to 54 years 0
    55 to 59 years 10
    60 to 64 years 10
    65 to 69 years 10
    70 to 74 years 0
    75 to 79 years 0
    80 to 84 years 0
    85 years and over 5
    Median age of the population 59.5
    % of the population aged 15 and over 93.2
  • Marital Status
    Total population 15 years and over by marital status 55
    Married or living with a common-law partner 30
    Married (and not separated) 25
    Living common-law 5
    Not married and not living with a common-law partner 25
    Single (never legally married) 5
    Separated 0
    Divorced 5
    Widowed 10
    Family Characteristics
    Total number of census families in private households 20
    Size of census family: 2 persons 15
    Size of census family: 3 persons 0
    Size of census family: 4 persons 0
    Size of census family: 5 or more persons 0
    Total number of census families in private households 15
    Total couple families by family structure and number of children 15
    Married couples 10
    Without children at home 10
    With children at home 0
    1 child 0
    2 children 0
    3 or more children 0
    Common-law couples 5
    Without children at home 5
    With children at home 0
    1 child 0
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 5
    Female parent 0
    1 child 5
    2 children 0
    3 or more children 0
    Male parent 0
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 10
    Under six years of age 0
    6 to 14 years 5
    15 to 17 years 0
    18 to 24 years 0
    25 years and over 0
    Average number of children at home per census family 0.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 60
    Number of persons not in census families 20
    Living with relatives 0
    Living with non-relatives only 10
    Living alone 5
    Number of census family persons 40
    Average number of persons per census family 1.8
    Total number of persons 65 years and over in private households 15
    Number of persons not in census families aged 65 years and over 5
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 0
    Number of census family persons aged 65 years and over 10
    Total number of private households by household type 30
    Census-family households 15
    One-family-only households 20
    Couple-family households 15
    Without children 15
    With children 0
    Lone-parent-family households 5
    Other family households 0
    One-family households with persons not in a census family 0
    Couple-family households 0
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 15
    One-person households 10
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 35
    Single-detached house 30
    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 30
    1 person 10
    2 persons 25
    3 persons 0
    4 persons 0
    5 persons 0
    6 or more persons 0
    Number of persons in private households 60
    Average number of persons in private households 1.7
Census 2011

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