With Loch Katrine’s median house price at $144,900 in Oct , it is below average compared to the rest of Nova Scotia.
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.
From our data, it appears that neighbourhood is number 4175th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Loch Katrine will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Loch Katrine, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Oct this neighbourhood’s most common listing the same as the national average.
When we look at the data we have, it can help with trying to establish whether or not Loch Katrine 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 Loch Katrine have stayed pretty much the same which would tend to indicate that demand is steady.