The $117,400 price tag on the median Newmans Cove home means that it is very cheap in comparison to the rest of the nation.
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.
This month we track 145th neighbourhoods in Newfoundland and Labrador, and Newmans Cove has the 145th most choice available for real estate investors.
Can we guarantee how well Newmans Cove is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Newmans Cove there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.