When looking across the province, Terra Nova is the 129th most expensive in Newfoundland and Labrador.
In Sep the median listed house price of $160,500 in Terra Nova was a below average compared to the rest of Newfoundland and Labrador.
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.
Across Newfoundland and Labrador Terra Nova has the 147th most properties on offer with 198.
Will prices rise across the next year in in Terra Nova? There are a number of real estate indicators to consider.
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.
When we look at the data we have, it can help with trying to establish whether or not Terra Nova is a good investment target.