Real Estate Market Report for
Middle Cove, NL

Updated : Aug 2016
House
  • Median price $534,900
  • Monthly growth -1.39 %
  • Quarterly trend
  • Stock on market 0.27%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Middle Cove 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

Want a cheaply priced house? Then at $534,900 this month, Middle Cove, Newfoundland and Labrador is definitely not for you price wise.

According to our stats, Middle Cove is the neighbourhood that has the 138th most properties available to real estate investors in Newfoundland and Labrador.

It’s never an exact art, but to try to forecast how property is going to appreciate in Middle Cove for investors, it’s important to look at data like:

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

Newfoundland and Labrador has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

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

Demographics
  • Population in 20112098
  • Population in 20061978
  • 2006 to 2011 population change (%)6.1
  • Total private dwellings744
  • Private dwellings occupied by usual residents725
  • Population density per square kilometre123.6
  • Land area (square km)16.98
  • Age Characteristics
    Total population by age groups 2100
    0 to 4 years 100
    5 to 9 years 115
    10 to 14 years 155
    15 to 19 years 130
    15 years 25
    16 years 25
    17 years 30
    18 years 30
    19 years 25
    20 to 24 years 115
    25 to 29 years 85
    30 to 34 years 105
    35 to 39 years 120
    40 to 44 years 200
    45 to 49 years 205
    50 to 54 years 190
    55 to 59 years 155
    60 to 64 years 155
    65 to 69 years 105
    70 to 74 years 70
    75 to 79 years 40
    80 to 84 years 30
    85 years and over 20
    Median age of the population 43.1
    % of the population aged 15 and over 82.4
  • Marital Status
    Total population 15 years and over by marital status 1730
    Married or living with a common-law partner 1160
    Married (and not separated) 1050
    Living common-law 110
    Not married and not living with a common-law partner 570
    Single (never legally married) 435
    Separated 15
    Divorced 35
    Widowed 85
    Family Characteristics
    Total number of census families in private households 635
    Size of census family: 2 persons 265
    Size of census family: 3 persons 160
    Size of census family: 4 persons 150
    Size of census family: 5 or more persons 65
    Total number of census families in private households 635
    Total couple families by family structure and number of children 570
    Married couples 520
    Without children at home 200
    With children at home 315
    1 child 115
    2 children 140
    3 or more children 55
    Common-law couples 55
    Without children at home 25
    With children at home 30
    1 child 15
    2 children 10
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 65
    Female parent 50
    1 child 30
    2 children 20
    3 or more children 0
    Male parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Total children in census families in private households 720
    Under six years of age 120
    6 to 14 years 245
    15 to 17 years 75
    18 to 24 years 160
    25 years and over 120
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 2100
    Number of persons not in census families 170
    Living with relatives 55
    Living with non-relatives only 20
    Living alone 90
    Number of census family persons 1935
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 260
    Number of persons not in census families aged 65 years and over 65
    Living with relatives 25
    Living with non-relatives only 5
    Living alone 40
    Number of census family persons aged 65 years and over 195
    Total number of private households by household type 725
    Census-family households 620
    One-family-only households 565
    Couple-family households 520
    Without children 205
    With children 320
    Lone-parent-family households 40
    Other family households 55
    One-family households with persons not in a census family 40
    Couple-family households 30
    Without children 10
    With children 20
    Lone-parent-family households 10
    Two-or-more-family households 15
    Non-census-family households 105
    One-person households 90
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 725
    Single-detached house 715
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 10
    Semi-detached house 10
    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 725
    1 person 90
    2 persons 240
    3 persons 150
    4 persons 165
    5 persons 65
    6 or more persons 15
    Number of persons in private households 2100
    Average number of persons in private households 2.9
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?