Real Estate Market Report for
Salvage, NL

Updated : Aug 2016
House
  • Median price $91,950
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 1.94%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Salvage Home Price

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Salvage was Canada’s 4803th most expensive suburb by listed median house price this month.

The median house price listed in Salvage this month is $91,950.

Salvage’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

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.

Will prices rise across the next year in in Salvage? There are a number of real estate indicators to consider.

Over the last three months in Salvage, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

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.

If you are looking at investment properties in Salvage, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
3 bedrooms $91,950
Demographics
  • Population in 2011136
  • Population in 2006174
  • 2006 to 2011 population change (%)-21.8
  • Total private dwellings103
  • Private dwellings occupied by usual residents57
  • Population density per square kilometre8.6
  • Land area (square km)15.86
  • Age Characteristics
    Total population by age groups 135
    0 to 4 years 5
    5 to 9 years 5
    10 to 14 years 5
    15 to 19 years 10
    15 years 0
    16 years 0
    17 years 0
    18 years 5
    19 years 5
    20 to 24 years 5
    25 to 29 years 5
    30 to 34 years 0
    35 to 39 years 5
    40 to 44 years 10
    45 to 49 years 15
    50 to 54 years 20
    55 to 59 years 10
    60 to 64 years 5
    65 to 69 years 15
    70 to 74 years 10
    75 to 79 years 5
    80 to 84 years 5
    85 years and over 5
    Median age of the population 51.3
    % of the population aged 15 and over 90.4
  • Marital Status
    Total population 15 years and over by marital status 125
    Married or living with a common-law partner 85
    Married (and not separated) 80
    Living common-law 5
    Not married and not living with a common-law partner 35
    Single (never legally married) 20
    Separated 0
    Divorced 5
    Widowed 10
    Family Characteristics
    Total number of census families in private households 45
    Size of census family: 2 persons 25
    Size of census family: 3 persons 10
    Size of census family: 4 persons 10
    Size of census family: 5 or more persons 0
    Total number of census families in private households 45
    Total couple families by family structure and number of children 45
    Married couples 40
    Without children at home 20
    With children at home 20
    1 child 10
    2 children 5
    3 or more children 0
    Common-law couples 5
    Without children at home 0
    With children at home 0
    1 child 0
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 5
    Female parent 5
    1 child 0
    2 children 0
    3 or more children 0
    Male parent 0
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 35
    Under six years of age 5
    6 to 14 years 5
    15 to 17 years 5
    18 to 24 years 5
    25 years and over 10
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 135
    Number of persons not in census families 15
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 15
    Number of census family persons 120
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 40
    Number of persons not in census families aged 65 years and over 10
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 10
    Number of census family persons aged 65 years and over 30
    Total number of private households by household type 55
    Census-family households 45
    One-family-only households 40
    Couple-family households 40
    Without children 20
    With children 20
    Lone-parent-family households 0
    Other family households 0
    One-family households with persons not in a census family 0
    Couple-family households 0
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 15
    One-person households 15
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 60
    Single-detached house 60
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 0
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 0
    Total number of private households by household size 55
    1 person 15
    2 persons 25
    3 persons 10
    4 persons 10
    5 persons 0
    6 or more persons 0
    Number of persons in private households 135
    Average number of persons in private households 2.2
Census 2011

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