Real Estate Market Report for
Springdale, NL

Updated : Aug 2016
House
  • Median price $175,900
  • Monthly growth 10.31 %
  • Quarterly trend
  • Stock on market 0.87%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Springdale Home Price

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Want a cheaply priced house? Then at $175,900 this month, Springdale, Newfoundland and Labrador is a possibility for you price wise.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

According to our stats, Springdale is the neighbourhood that has the 46th most properties available to real estate investors in Newfoundland and Labrador.

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Springdale 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 Springdale there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

When we look at the data we have, it can help with trying to establish whether or not Springdale is a good investment target.

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 Springdale have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
3 bedrooms $180,400
4 bedrooms $184,000
Demographics
  • Population in 20112907
  • Population in 20062764
  • 2006 to 2011 population change (%)5.2
  • Total private dwellings1268
  • Private dwellings occupied by usual residents1202
  • Population density per square kilometre165.2
  • Land area (square km)17.6
  • Age Characteristics
    Total population by age groups 2910
    0 to 4 years 135
    5 to 9 years 125
    10 to 14 years 140
    15 to 19 years 145
    15 years 30
    16 years 35
    17 years 30
    18 years 25
    19 years 20
    20 to 24 years 95
    25 to 29 years 115
    30 to 34 years 120
    35 to 39 years 175
    40 to 44 years 195
    45 to 49 years 215
    50 to 54 years 275
    55 to 59 years 230
    60 to 64 years 240
    65 to 69 years 180
    70 to 74 years 140
    75 to 79 years 135
    80 to 84 years 135
    85 years and over 110
    Median age of the population 49.9
    % of the population aged 15 and over 86.1
  • Marital Status
    Total population 15 years and over by marital status 2500
    Married or living with a common-law partner 1655
    Married (and not separated) 1470
    Living common-law 185
    Not married and not living with a common-law partner 845
    Single (never legally married) 425
    Separated 40
    Divorced 100
    Widowed 280
    Family Characteristics
    Total number of census families in private households 905
    Size of census family: 2 persons 565
    Size of census family: 3 persons 180
    Size of census family: 4 persons 120
    Size of census family: 5 or more persons 40
    Total number of census families in private households 905
    Total couple families by family structure and number of children 805
    Married couples 715
    Without children at home 435
    With children at home 275
    1 child 130
    2 children 110
    3 or more children 30
    Common-law couples 90
    Without children at home 45
    With children at home 45
    1 child 30
    2 children 15
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 100
    Female parent 75
    1 child 60
    2 children 15
    3 or more children 5
    Male parent 20
    1 child 20
    2 children 5
    3 or more children 0
    Total children in census families in private households 660
    Under six years of age 165
    6 to 14 years 235
    15 to 17 years 90
    18 to 24 years 105
    25 years and over 70
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 2750
    Number of persons not in census families 380
    Living with relatives 50
    Living with non-relatives only 50
    Living alone 285
    Number of census family persons 2370
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 550
    Number of persons not in census families aged 65 years and over 170
    Living with relatives 15
    Living with non-relatives only 10
    Living alone 145
    Number of census family persons aged 65 years and over 380
    Total number of private households by household type 1200
    Census-family households 890
    One-family-only households 850
    Couple-family households 765
    Without children 460
    With children 310
    Lone-parent-family households 80
    Other family households 45
    One-family households with persons not in a census family 30
    Couple-family households 20
    Without children 15
    With children 5
    Lone-parent-family households 15
    Two-or-more-family households 15
    Non-census-family households 310
    One-person households 280
    Two-or-more-person households 30
    Total number of occupied private dwellings by structural type of dwelling 1205
    Single-detached house 910
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 285
    Semi-detached house 20
    Row house 130
    Apartment, duplex 100
    Apartment, building that has fewer than five storeys 25
    Other single-attached house 10
    Total number of private households by household size 1205
    1 person 285
    2 persons 540
    3 persons 200
    4 persons 130
    5 persons 30
    6 or more persons 15
    Number of persons in private households 2750
    Average number of persons in private households 2.3
Census 2011

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