Real Estate Market Report for
Trepassey, NL

Updated : Nov 2015
House
  • Median price $59,900
  • Monthly growth -14.30 %
  • Quarterly trend
  • Stock on market 0.60%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Trepassey Home Price

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Canada’s national median home listing price this month is $309,000, which means that Trepassey is in the cheapest 20% for Canada.

When our research team crunched the numbers we calculated that Trepassey has a median home price of $59,900.

From our data, it appears that neighbourhood is number 3849th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.

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

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

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Trepassey will hopefully provide an indicator to help you where to research in-depth

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Trepassey 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 $74,900
Demographics
  • Population in 2011570
  • Population in 2006763
  • 2006 to 2011 population change (%)-25.3
  • Total private dwellings335
  • Private dwellings occupied by usual residents258
  • Population density per square kilometre10.2
  • Land area (square km)55.81
  • Age Characteristics
    Total population by age groups 570
    0 to 4 years 5
    5 to 9 years 5
    10 to 14 years 15
    15 to 19 years 30
    15 years 5
    16 years 10
    17 years 5
    18 years 5
    19 years 5
    20 to 24 years 30
    25 to 29 years 15
    30 to 34 years 15
    35 to 39 years 10
    40 to 44 years 30
    45 to 49 years 50
    50 to 54 years 65
    55 to 59 years 70
    60 to 64 years 95
    65 to 69 years 50
    70 to 74 years 25
    75 to 79 years 25
    80 to 84 years 25
    85 years and over 15
    Median age of the population 56.1
    % of the population aged 15 and over 94.4
  • Marital Status
    Total population 15 years and over by marital status 535
    Married or living with a common-law partner 320
    Married (and not separated) 295
    Living common-law 25
    Not married and not living with a common-law partner 220
    Single (never legally married) 140
    Separated 10
    Divorced 15
    Widowed 55
    Family Characteristics
    Total number of census families in private households 180
    Size of census family: 2 persons 115
    Size of census family: 3 persons 40
    Size of census family: 4 persons 20
    Size of census family: 5 or more persons 5
    Total number of census families in private households 180
    Total couple families by family structure and number of children 155
    Married couples 145
    Without children at home 90
    With children at home 55
    1 child 30
    2 children 20
    3 or more children 5
    Common-law couples 10
    Without children at home 10
    With children at home 0
    1 child 0
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 20
    Female parent 15
    1 child 5
    2 children 0
    3 or more children 0
    Male parent 10
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 110
    Under six years of age 5
    6 to 14 years 25
    15 to 17 years 20
    18 to 24 years 35
    25 years and over 25
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 550
    Number of persons not in census families 100
    Living with relatives 10
    Living with non-relatives only 10
    Living alone 75
    Number of census family persons 450
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 115
    Number of persons not in census families aged 65 years and over 45
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 30
    Number of census family persons aged 65 years and over 70
    Total number of private households by household type 260
    Census-family households 175
    One-family-only households 170
    Couple-family households 150
    Without children 100
    With children 55
    Lone-parent-family households 20
    Other family households 10
    One-family households with persons not in a census family 5
    Couple-family households 5
    Without children 5
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 85
    One-person households 75
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 255
    Single-detached house 255
    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 260
    1 person 75
    2 persons 110
    3 persons 40
    4 persons 25
    5 persons 5
    6 or more persons 0
    Number of persons in private households 550
    Average number of persons in private households 2.1
Census 2011

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