Real Estate Market Report for
Lourdes, NL

Updated : Aug 2016
House
  • Median price $109,450
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.82%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Lourdes Home Price

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Across the country as a whole, Lourdes is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

With Lourdes’s median house price at $109,450 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Newfoundland and Labrador.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lourdes has not many at all compared to the rest of the province

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Lourdes 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 Lourdes there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

Is Lourdes a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $57,400
Demographics
  • Population in 2011532
  • Population in 2006550
  • 2006 to 2011 population change (%)-3.3
  • Total private dwellings243
  • Private dwellings occupied by usual residents226
  • Population density per square kilometre65.7
  • Land area (square km)8.1
  • Age Characteristics
    Total population by age groups 530
    0 to 4 years 35
    5 to 9 years 25
    10 to 14 years 25
    15 to 19 years 25
    15 years 10
    16 years 5
    17 years 5
    18 years 5
    19 years 5
    20 to 24 years 30
    25 to 29 years 30
    30 to 34 years 20
    35 to 39 years 30
    40 to 44 years 40
    45 to 49 years 35
    50 to 54 years 50
    55 to 59 years 45
    60 to 64 years 45
    65 to 69 years 35
    70 to 74 years 30
    75 to 79 years 20
    80 to 84 years 10
    85 years and over 5
    Median age of the population 46.4
    % of the population aged 15 and over 86
  • Marital Status
    Total population 15 years and over by marital status 450
    Married or living with a common-law partner 250
    Married (and not separated) 205
    Living common-law 45
    Not married and not living with a common-law partner 200
    Single (never legally married) 125
    Separated 15
    Divorced 20
    Widowed 40
    Family Characteristics
    Total number of census families in private households 165
    Size of census family: 2 persons 85
    Size of census family: 3 persons 55
    Size of census family: 4 persons 20
    Size of census family: 5 or more persons 5
    Total number of census families in private households 165
    Total couple families by family structure and number of children 125
    Married couples 100
    Without children at home 55
    With children at home 45
    1 child 30
    2 children 15
    3 or more children 5
    Common-law couples 25
    Without children at home 5
    With children at home 15
    1 child 15
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 40
    Female parent 30
    1 child 15
    2 children 10
    3 or more children 5
    Male parent 10
    1 child 5
    2 children 5
    3 or more children 0
    Total children in census families in private households 150
    Under six years of age 40
    6 to 14 years 40
    15 to 17 years 15
    18 to 24 years 25
    25 years and over 35
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 535
    Number of persons not in census families 90
    Living with relatives 15
    Living with non-relatives only 10
    Living alone 65
    Number of census family persons 440
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 95
    Number of persons not in census families aged 65 years and over 35
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 30
    Number of census family persons aged 65 years and over 60
    Total number of private households by household type 225
    Census-family households 160
    One-family-only households 130
    Couple-family households 105
    Without children 55
    With children 50
    Lone-parent-family households 30
    Other family households 25
    One-family households with persons not in a census family 10
    Couple-family households 10
    Without children 5
    With children 5
    Lone-parent-family households 5
    Two-or-more-family households 10
    Non-census-family households 70
    One-person households 70
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 225
    Single-detached house 220
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 0
    Semi-detached house 5
    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 225
    1 person 70
    2 persons 75
    3 persons 45
    4 persons 35
    5 persons 10
    6 or more persons 5
    Number of persons in private households 535
    Average number of persons in private households 2.4
Census 2011

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