Real Estate Market Report for
Musgrave Harbour, NL

Updated : May 2016
House
  • Median price $82,450
  • Monthly growth -3.00 %
  • Quarterly trend
  • Stock on market 0.41%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Musgrave Harbour 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 $319,900, which means that Musgrave Harbour is in the cheapest 20% for Canada.

Musgrave Harbour, Newfoundland and Labrador has a median house price of $82,450 when compiling all the home listings in May .

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

Will prices rise across the next year in in Musgrave Harbour? There are a number of real estate indicators to consider.

Over the last three months in Musgrave Harbour, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

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

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Demographics
  • Population in 20111053
  • Population in 20061085
  • 2006 to 2011 population change (%)-2.9
  • Total private dwellings491
  • Private dwellings occupied by usual residents417
  • Population density per square kilometre15.1
  • Land area (square km)69.94
  • Age Characteristics
    Total population by age groups 1050
    0 to 4 years 50
    5 to 9 years 40
    10 to 14 years 60
    15 to 19 years 55
    15 years 5
    16 years 10
    17 years 20
    18 years 10
    19 years 10
    20 to 24 years 45
    25 to 29 years 35
    30 to 34 years 60
    35 to 39 years 65
    40 to 44 years 85
    45 to 49 years 90
    50 to 54 years 90
    55 to 59 years 100
    60 to 64 years 95
    65 to 69 years 75
    70 to 74 years 45
    75 to 79 years 40
    80 to 84 years 25
    85 years and over 15
    Median age of the population 47
    % of the population aged 15 and over 86.1
  • Marital Status
    Total population 15 years and over by marital status 905
    Married or living with a common-law partner 650
    Married (and not separated) 580
    Living common-law 70
    Not married and not living with a common-law partner 255
    Single (never legally married) 145
    Separated 10
    Divorced 25
    Widowed 70
    Family Characteristics
    Total number of census families in private households 355
    Size of census family: 2 persons 210
    Size of census family: 3 persons 70
    Size of census family: 4 persons 65
    Size of census family: 5 or more persons 15
    Total number of census families in private households 355
    Total couple families by family structure and number of children 320
    Married couples 285
    Without children at home 170
    With children at home 115
    1 child 55
    2 children 50
    3 or more children 5
    Common-law couples 35
    Without children at home 20
    With children at home 15
    1 child 10
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 35
    Female parent 25
    1 child 20
    2 children 5
    3 or more children 0
    Male parent 5
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 265
    Under six years of age 55
    6 to 14 years 95
    15 to 17 years 35
    18 to 24 years 50
    25 years and over 35
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 1025
    Number of persons not in census families 85
    Living with relatives 10
    Living with non-relatives only 5
    Living alone 65
    Number of census family persons 945
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 165
    Number of persons not in census families aged 65 years and over 45
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 35
    Number of census family persons aged 65 years and over 125
    Total number of private households by household type 415
    Census-family households 350
    One-family-only households 335
    Couple-family households 305
    Without children 185
    With children 130
    Lone-parent-family households 25
    Other family households 15
    One-family households with persons not in a census family 10
    Couple-family households 5
    Without children 0
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 10
    Non-census-family households 70
    One-person households 65
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 420
    Single-detached house 415
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 0
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 5
    Other single-attached house 0
    Total number of private households by household size 415
    1 person 65
    2 persons 200
    3 persons 70
    4 persons 65
    5 persons 10
    6 or more persons 5
    Number of persons in private households 1025
    Average number of persons in private households 2.4
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?