Real Estate Market Report for
Portugal Cove, NL

Updated : Aug 2016
House
  • Median price $426,900
  • Monthly growth -2.95 %
  • Quarterly trend
  • Stock on market 1.10%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Portugal Cove Home Price

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With a median listing price of $426,900, Portugal Cove is Canada’s 634th most expensive when ordered by median listing price.

Portugal Cove, Newfoundland and Labrador has a median house price of $426,900 when compiling all the home listings in Aug .

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Portugal Cove has a huge choice compared to the rest of the province

Can we guarantee how well Portugal 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.

If you are looking at investment properties in Portugal Cove, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

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.

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Portugal Cove 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Portugal Cove there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
3 bedrooms $484,670
4 bedrooms $474,900
5 bedrooms $342,400
Demographics
  • Population in 20117366
  • Population in 20066575
  • 2006 to 2011 population change (%)12
  • Total private dwellings2824
  • Private dwellings occupied by usual residents2692
  • Population density per square kilometre128.4
  • Land area (square km)57.35
  • Age Characteristics
    Total population by age groups 7365
    0 to 4 years 500
    5 to 9 years 520
    10 to 14 years 430
    15 to 19 years 395
    15 years 75
    16 years 80
    17 years 80
    18 years 80
    19 years 80
    20 to 24 years 360
    25 to 29 years 380
    30 to 34 years 480
    35 to 39 years 680
    40 to 44 years 680
    45 to 49 years 620
    50 to 54 years 610
    55 to 59 years 535
    60 to 64 years 415
    65 to 69 years 315
    70 to 74 years 195
    75 to 79 years 120
    80 to 84 years 80
    85 years and over 50
    Median age of the population 39.5
    % of the population aged 15 and over 80.3
  • Marital Status
    Total population 15 years and over by marital status 5915
    Married or living with a common-law partner 4090
    Married (and not separated) 3480
    Living common-law 615
    Not married and not living with a common-law partner 1825
    Single (never legally married) 1240
    Separated 125
    Divorced 225
    Widowed 230
    Family Characteristics
    Total number of census families in private households 2295
    Size of census family: 2 persons 1045
    Size of census family: 3 persons 585
    Size of census family: 4 persons 530
    Size of census family: 5 or more persons 135
    Total number of census families in private households 2295
    Total couple families by family structure and number of children 2030
    Married couples 1725
    Without children at home 710
    With children at home 1020
    1 child 420
    2 children 470
    3 or more children 125
    Common-law couples 305
    Without children at home 170
    With children at home 140
    1 child 80
    2 children 50
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 265
    Female parent 200
    1 child 130
    2 children 60
    3 or more children 10
    Male parent 60
    1 child 40
    2 children 15
    3 or more children 5
    Total children in census families in private households 2345
    Under six years of age 610
    6 to 14 years 835
    15 to 17 years 225
    18 to 24 years 435
    25 years and over 245
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 7345
    Number of persons not in census families 670
    Living with relatives 145
    Living with non-relatives only 125
    Living alone 400
    Number of census family persons 6670
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 750
    Number of persons not in census families aged 65 years and over 200
    Living with relatives 70
    Living with non-relatives only 10
    Living alone 120
    Number of census family persons aged 65 years and over 550
    Total number of private households by household type 2690
    Census-family households 2240
    One-family-only households 2040
    Couple-family households 1850
    Without children 790
    With children 1055
    Lone-parent-family households 195
    Other family households 200
    One-family households with persons not in a census family 140
    Couple-family households 105
    Without children 35
    With children 65
    Lone-parent-family households 35
    Two-or-more-family households 60
    Non-census-family households 455
    One-person households 400
    Two-or-more-person households 50
    Total number of occupied private dwellings by structural type of dwelling 2690
    Single-detached house 2515
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 175
    Semi-detached house 20
    Row house 5
    Apartment, duplex 115
    Apartment, building that has fewer than five storeys 30
    Other single-attached house 0
    Total number of private households by household size 2695
    1 person 400
    2 persons 960
    3 persons 570
    4 persons 550
    5 persons 155
    6 or more persons 55
    Number of persons in private households 7345
    Average number of persons in private households 2.7
Census 2011

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