Real Estate Market Report for
Victoria Cross, PE

Updated : Aug 2016
House
  • Median price $244,000
  • Monthly growth
  • Quarterly trend
  • Stock on market 1.27%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Victoria Cross Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

With a median listing price of $244,000, Victoria Cross is Canada’s 2177th most expensive when ordered by median listing price.

Want a cheaply priced house? Then at $244,000 this month, Victoria Cross, Prince Edward Island is probably not 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.

Prince Edward Island has the fourth least amount of properties available to property investors, with Victoria Cross having 63th most in the province, out of a total of 218.

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

Over the last three months in Victoria Cross, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

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

If you are looking at investment properties in Victoria Cross, 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 $229,000
Demographics
  • Population in 2011769
  • Population in 2006792
  • 2006 to 2011 population change (%)-2.9
  • Total private dwellings316
  • Private dwellings occupied by usual residents297
  • Population density per square kilometre10.7
  • Land area (square km)72.02
  • Age Characteristics
    Total population by age groups 770
    0 to 4 years 45
    5 to 9 years 45
    10 to 14 years 40
    15 to 19 years 65
    15 years 15
    16 years 15
    17 years 5
    18 years 10
    19 years 10
    20 to 24 years 45
    25 to 29 years 60
    30 to 34 years 50
    35 to 39 years 40
    40 to 44 years 50
    45 to 49 years 55
    50 to 54 years 55
    55 to 59 years 65
    60 to 64 years 70
    65 to 69 years 45
    70 to 74 years 20
    75 to 79 years 15
    80 to 84 years 10
    85 years and over 5
    Median age of the population 40.1
    % of the population aged 15 and over 83.6
  • Marital Status
    Total population 15 years and over by marital status 645
    Married or living with a common-law partner 385
    Married (and not separated) 335
    Living common-law 55
    Not married and not living with a common-law partner 255
    Single (never legally married) 185
    Separated 20
    Divorced 25
    Widowed 25
    Family Characteristics
    Total number of census families in private households 230
    Size of census family: 2 persons 115
    Size of census family: 3 persons 50
    Size of census family: 4 persons 45
    Size of census family: 5 or more persons 25
    Total number of census families in private households 230
    Total couple families by family structure and number of children 195
    Married couples 165
    Without children at home 80
    With children at home 90
    1 child 35
    2 children 35
    3 or more children 20
    Common-law couples 30
    Without children at home 15
    With children at home 15
    1 child 10
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 40
    Female parent 30
    1 child 20
    2 children 5
    3 or more children 5
    Male parent 10
    1 child 5
    2 children 5
    3 or more children 0
    Total children in census families in private households 250
    Under six years of age 50
    6 to 14 years 75
    15 to 17 years 40
    18 to 24 years 55
    25 years and over 30
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 770
    Number of persons not in census families 90
    Living with relatives 15
    Living with non-relatives only 10
    Living alone 65
    Number of census family persons 680
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 95
    Number of persons not in census families aged 65 years and over 30
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 25
    Number of census family persons aged 65 years and over 65
    Total number of private households by household type 295
    Census-family households 230
    One-family-only households 205
    Couple-family households 170
    Without children 80
    With children 90
    Lone-parent-family households 30
    Other family households 25
    One-family households with persons not in a census family 15
    Couple-family households 10
    Without children 5
    With children 5
    Lone-parent-family households 5
    Two-or-more-family households 10
    Non-census-family households 70
    One-person households 70
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 295
    Single-detached house 240
    Apartment, building that has five or more storeys 0
    Movable dwelling 40
    Other dwelling 15
    Semi-detached house 10
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 5
    Other single-attached house 0
    Total number of private households by household size 295
    1 person 65
    2 persons 105
    3 persons 55
    4 persons 45
    5 persons 20
    6 or more persons 10
    Number of persons in private households 770
    Average number of persons in private households 2.6
Census 2011

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?