Across the country as a whole, New Victoria is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
The $225,000 price tag on the median New Victoria home means that it is about average price.
Nova Scotia has the fifth most amount of properties available to property investors, with New Victoria having 264th most in the province, out of a total of 825.
When we look at the data we have, it can help with trying to establish whether or not New Victoria is a good investment target.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for New Victoria will hopefully provide an indicator to help you where to research in-depth
In New Victoria, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.