Real Estate Market Report for
Kinkora, PE

Updated : Aug 2016
House
  • Median price $202,500
  • Monthly growth
  • Quarterly trend
  • Stock on market 4.41%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Kinkora Home Price

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Across the nation CREW lists data for 5162 neighbourhoods, and this month Kinkora is number 2833 putting it in the bottom half of the country .

While the median for Prince Edward Island is $179,600 , which means that Kinkora’s median price is $202,499 below average than the rest of the province.

Investors looking for properties in Kinkora are most likely to find 4 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.

From our data, it appears that neighbourhood is number 2634th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 50.

When we look at the data we have, it can help with trying to establish whether or not Kinkora is a good investment target.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Kinkora, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 7, this month we show 6.

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 Prince Edward Island’s many potential real estate investment neighbourhoods, Kinkora 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Kinkora there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
2 bedrooms $114,900
4 bedrooms $225,000
Demographics
  • Population in 2011339
  • Population in 2006326
  • 2006 to 2011 population change (%)4
  • Total private dwellings136
  • Private dwellings occupied by usual residents132
  • Population density per square kilometre88.8
  • Land area (square km)3.82
  • Age Characteristics
    Total population by age groups 340
    0 to 4 years 20
    5 to 9 years 25
    10 to 14 years 20
    15 to 19 years 30
    15 years 5
    16 years 5
    17 years 5
    18 years 5
    19 years 5
    20 to 24 years 20
    25 to 29 years 10
    30 to 34 years 20
    35 to 39 years 20
    40 to 44 years 30
    45 to 49 years 25
    50 to 54 years 25
    55 to 59 years 20
    60 to 64 years 20
    65 to 69 years 10
    70 to 74 years 10
    75 to 79 years 15
    80 to 84 years 5
    85 years and over 5
    Median age of the population 39.4
    % of the population aged 15 and over 79.4
  • Marital Status
    Total population 15 years and over by marital status 270
    Married or living with a common-law partner 165
    Married (and not separated) 145
    Living common-law 20
    Not married and not living with a common-law partner 105
    Single (never legally married) 70
    Separated 10
    Divorced 5
    Widowed 20
    Family Characteristics
    Total number of census families in private households 95
    Size of census family: 2 persons 45
    Size of census family: 3 persons 25
    Size of census family: 4 persons 15
    Size of census family: 5 or more persons 15
    Total number of census families in private households 95
    Total couple families by family structure and number of children 80
    Married couples 75
    Without children at home 30
    With children at home 40
    1 child 15
    2 children 15
    3 or more children 10
    Common-law couples 5
    Without children at home 0
    With children at home 5
    1 child 0
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 10
    Female parent 10
    1 child 5
    2 children 5
    3 or more children 0
    Male parent 5
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 110
    Under six years of age 25
    6 to 14 years 45
    15 to 17 years 15
    18 to 24 years 20
    25 years and over 5
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 335
    Number of persons not in census families 50
    Living with relatives 10
    Living with non-relatives only 10
    Living alone 30
    Number of census family persons 285
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 50
    Number of persons not in census families aged 65 years and over 15
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 15
    Number of census family persons aged 65 years and over 25
    Total number of private households by household type 135
    Census-family households 95
    One-family-only households 90
    Couple-family households 75
    Without children 35
    With children 45
    Lone-parent-family households 10
    Other family households 5
    One-family households with persons not in a census family 5
    Couple-family households 5
    Without children 0
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 0
    Non-census-family households 35
    One-person households 30
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 130
    Single-detached house 95
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 40
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 40
    Other single-attached house 0
    Total number of private households by household size 130
    1 person 35
    2 persons 50
    3 persons 20
    4 persons 15
    5 persons 15
    6 or more persons 5
    Number of persons in private households 335
    Average number of persons in private households 2.5
Census 2011

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