Real Estate Market Report for
Terra Nova, NL

Updated : Sep 2014
House
  • Median price $160,500
  • Monthly growth
  • Quarterly trend
  • Stock on market 1.42%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Terra Nova Home Price

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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.

Demographics
  • Population in 201183
  • Population in 200668
  • 2006 to 2011 population change (%)22.1
  • Total private dwellings141
  • Private dwellings occupied by usual residents41
  • Population density per square kilometre33.7
  • Land area (square km)2.46
  • Age Characteristics
    Total population by age groups 85
    0 to 4 years 0
    5 to 9 years 0
    10 to 14 years 10
    15 to 19 years 0
    15 years 0
    16 years 0
    17 years 0
    18 years 0
    19 years 0
    20 to 24 years 5
    25 to 29 years 0
    30 to 34 years 0
    35 to 39 years 5
    40 to 44 years 5
    45 to 49 years 5
    50 to 54 years 10
    55 to 59 years 5
    60 to 64 years 5
    65 to 69 years 10
    70 to 74 years 10
    75 to 79 years 0
    80 to 84 years 0
    85 years and over 5
    Median age of the population 56.5
    % of the population aged 15 and over 92.2
  • Marital Status
    Total population 15 years and over by marital status 75
    Married or living with a common-law partner 50
    Married (and not separated) 55
    Living common-law 5
    Not married and not living with a common-law partner 15
    Single (never legally married) 5
    Separated 0
    Divorced 5
    Widowed 10
    Family Characteristics
    Total number of census families in private households 30
    Size of census family: 2 persons 20
    Size of census family: 3 persons 0
    Size of census family: 4 persons 5
    Size of census family: 5 or more persons 0
    Total number of census families in private households 30
    Total couple families by family structure and number of children 25
    Married couples 30
    Without children at home 20
    With children at home 5
    1 child 5
    2 children 0
    3 or more children 0
    Common-law couples 0
    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 0
    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 15
    Under six years of age 0
    6 to 14 years 10
    15 to 17 years 0
    18 to 24 years 0
    25 years and over 0
    Average number of children at home per census family 0.6
  • Household And Dwelling Characteristics
    Total number of persons in private households 85
    Number of persons not in census families 15
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 10
    Number of census family persons 70
    Average number of persons per census family 2.3
    Total number of persons 65 years and over in private households 25
    Number of persons not in census families aged 65 years and over 5
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 10
    Number of census family persons aged 65 years and over 20
    Total number of private households by household type 45
    Census-family households 25
    One-family-only households 30
    Couple-family households 25
    Without children 20
    With children 5
    Lone-parent-family households 5
    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 10
    One-person households 15
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 45
    Single-detached house 45
    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 40
    1 person 15
    2 persons 20
    3 persons 5
    4 persons 5
    5 persons 0
    6 or more persons 0
    Number of persons in private households 85
    Average number of persons in private households 2.1
Census 2011

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