Across the nation CREW lists data for 5162 neighbourhoods, and this month Port Hawkesbury is number 4238 putting it behind most of Canada .
When our research team crunched the numbers we calculated that Port Hawkesbury has a median home price of $133,200.
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.
According to our stats, Port Hawkesbury is the neighbourhood that has the 69th most properties available to real estate investors in Nova Scotia.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Port Hawkesbury will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Port Hawkesbury there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
When looking across the province, Port Hawkesbury is the 48th most expensive in Nova Scotia.
Port Hawkesbury, Nova Scotia has a median house price of $71,900 when compiling all the home listings in Aug .
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
From our data, it appears that neighbourhood is number 838th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
It’s never an exact art, but to try to forecast how property is going to appreciate in Port Hawkesbury for investors, it’s important to look at data like:
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.