Across the nation CREW lists data for 5162 neighbourhoods, and this month Portapique is number 3808 putting it in the bottom half of the country .
With Portapique’s median house price at $154,700 in Aug , it is below average compared to the rest of Nova Scotia.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Portapique will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Portapique, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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.
Is Portapique a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.