When looking across the province, Petty Harbour is the 96th most expensive in Newfoundland and Labrador.
Petty Harbour, Newfoundland and Labrador has a median house price of $194,450 when compiling all the home listings in Jun .
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
From our data, it appears that neighbourhood is number 3104th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.
As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Petty Harbour 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.
In Petty Harbour, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
It’s never an exact art, but to try to forecast how property is going to appreciate in Petty Harbour for investors, it’s important to look at data like:
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 Petty Harbour have stayed pretty much the same which would tend to indicate that demand is steady.