Real Estate Market Report for
Grand Bay, NB

Updated : Aug 2016
House
  • Median price $214,500
  • Monthly growth 6.21 %
  • Quarterly trend
  • Stock on market 0.35%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Grand Bay 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 $290,900, which means that Grand Bay is close to average for Canada.

When our research team crunched the numbers we calculated that Grand Bay has a median home price of $214,500.

Investors looking for properties in Grand Bay are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.

Across New Brunswick Grand Bay has the 112th most properties on offer with 421.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Grand Bay will hopefully provide an indicator to help you where to research in-depth

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

As one of New Brunswick’s many potential real estate investment neighbourhoods, Grand Bay 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 Grand Bay, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
3 bedrooms $119,900
4 bedrooms $229,000
Demographics
  • Population in 20115117
  • Population in 20064981
  • 2006 to 2011 population change (%)2.7
  • Total private dwellings1972
  • Private dwellings occupied by usual residents1894
  • Population density per square kilometre85.5
  • Land area (square km)59.86
  • Age Characteristics
    Total population by age groups 5120
    0 to 4 years 245
    5 to 9 years 310
    10 to 14 years 320
    15 to 19 years 395
    15 years 80
    16 years 65
    17 years 90
    18 years 80
    19 years 75
    20 to 24 years 265
    25 to 29 years 225
    30 to 34 years 295
    35 to 39 years 345
    40 to 44 years 370
    45 to 49 years 425
    50 to 54 years 430
    55 to 59 years 435
    60 to 64 years 340
    65 to 69 years 260
    70 to 74 years 185
    75 to 79 years 130
    80 to 84 years 75
    85 years and over 70
    Median age of the population 42.4
    % of the population aged 15 and over 83
  • Marital Status
    Total population 15 years and over by marital status 4240
    Married or living with a common-law partner 2830
    Married (and not separated) 2535
    Living common-law 295
    Not married and not living with a common-law partner 1410
    Single (never legally married) 940
    Separated 120
    Divorced 145
    Widowed 210
    Family Characteristics
    Total number of census families in private households 1620
    Size of census family: 2 persons 815
    Size of census family: 3 persons 360
    Size of census family: 4 persons 330
    Size of census family: 5 or more persons 120
    Total number of census families in private households 1620
    Total couple families by family structure and number of children 1405
    Married couples 1260
    Without children at home 605
    With children at home 655
    1 child 260
    2 children 285
    3 or more children 110
    Common-law couples 145
    Without children at home 80
    With children at home 65
    1 child 35
    2 children 25
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 220
    Female parent 160
    1 child 90
    2 children 50
    3 or more children 15
    Male parent 60
    1 child 40
    2 children 15
    3 or more children 0
    Total children in census families in private households 1630
    Under six years of age 315
    6 to 14 years 555
    15 to 17 years 235
    18 to 24 years 365
    25 years and over 160
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 5105
    Number of persons not in census families 445
    Living with relatives 90
    Living with non-relatives only 75
    Living alone 280
    Number of census family persons 4660
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 710
    Number of persons not in census families aged 65 years and over 170
    Living with relatives 40
    Living with non-relatives only 5
    Living alone 125
    Number of census family persons aged 65 years and over 535
    Total number of private households by household type 1895
    Census-family households 1575
    One-family-only households 1460
    Couple-family households 1300
    Without children 630
    With children 665
    Lone-parent-family households 160
    Other family households 120
    One-family households with persons not in a census family 75
    Couple-family households 50
    Without children 20
    With children 35
    Lone-parent-family households 30
    Two-or-more-family households 45
    Non-census-family households 315
    One-person households 280
    Two-or-more-person households 35
    Total number of occupied private dwellings by structural type of dwelling 1895
    Single-detached house 1690
    Apartment, building that has five or more storeys 10
    Movable dwelling 5
    Other dwelling 195
    Semi-detached house 15
    Row house 0
    Apartment, duplex 70
    Apartment, building that has fewer than five storeys 105
    Other single-attached house 5
    Total number of private households by household size 1890
    1 person 280
    2 persons 755
    3 persons 345
    4 persons 355
    5 persons 105
    6 or more persons 50
    Number of persons in private households 5100
    Average number of persons in private households 2.7
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?