Real Estate Market Report for
Victoria, NL

Updated : Aug 2016
House
  • Median price $197,200
  • Monthly growth -11.33 %
  • Quarterly trend
  • Stock on market 2.20%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Victoria Home Price

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When looking across the province, Victoria is the 97th most expensive in Newfoundland and Labrador.

When our research team crunched the numbers we calculated that Victoria has a median home price of $197,200.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

Newfoundland and Labrador has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

Is Victoria a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

If you are looking at investment properties in Victoria, 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)
2 bedrooms $89,450
3 bedrooms $197,200
Demographics
  • Population in 20111764
  • Population in 20061769
  • 2006 to 2011 population change (%)-0.3
  • Total private dwellings728
  • Private dwellings occupied by usual residents691
  • Population density per square kilometre100
  • Land area (square km)17.64
  • Age Characteristics
    Total population by age groups 1765
    0 to 4 years 90
    5 to 9 years 95
    10 to 14 years 100
    15 to 19 years 100
    15 years 25
    16 years 25
    17 years 20
    18 years 15
    19 years 15
    20 to 24 years 75
    25 to 29 years 60
    30 to 34 years 95
    35 to 39 years 115
    40 to 44 years 130
    45 to 49 years 150
    50 to 54 years 145
    55 to 59 years 145
    60 to 64 years 155
    65 to 69 years 140
    70 to 74 years 70
    75 to 79 years 40
    80 to 84 years 35
    85 years and over 25
    Median age of the population 46
    % of the population aged 15 and over 83.8
  • Marital Status
    Total population 15 years and over by marital status 1480
    Married or living with a common-law partner 970
    Married (and not separated) 895
    Living common-law 80
    Not married and not living with a common-law partner 510
    Single (never legally married) 285
    Separated 25
    Divorced 60
    Widowed 135
    Family Characteristics
    Total number of census families in private households 575
    Size of census family: 2 persons 320
    Size of census family: 3 persons 130
    Size of census family: 4 persons 105
    Size of census family: 5 or more persons 20
    Total number of census families in private households 575
    Total couple families by family structure and number of children 485
    Married couples 445
    Without children at home 235
    With children at home 210
    1 child 100
    2 children 90
    3 or more children 20
    Common-law couples 35
    Without children at home 20
    With children at home 15
    1 child 10
    2 children 10
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 90
    Female parent 75
    1 child 45
    2 children 25
    3 or more children 5
    Male parent 10
    1 child 10
    2 children 0
    3 or more children 5
    Total children in census families in private households 495
    Under six years of age 105
    6 to 14 years 170
    15 to 17 years 65
    18 to 24 years 85
    25 years and over 65
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 1745
    Number of persons not in census families 195
    Living with relatives 40
    Living with non-relatives only 25
    Living alone 135
    Number of census family persons 1560
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 295
    Number of persons not in census families aged 65 years and over 80
    Living with relatives 15
    Living with non-relatives only 0
    Living alone 65
    Number of census family persons aged 65 years and over 215
    Total number of private households by household type 690
    Census-family households 550
    One-family-only households 500
    Couple-family households 430
    Without children 225
    With children 205
    Lone-parent-family households 65
    Other family households 55
    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 5
    Two-or-more-family households 20
    Non-census-family households 140
    One-person households 135
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 690
    Single-detached house 655
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 35
    Semi-detached house 5
    Row house 5
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 20
    Other single-attached house 0
    Total number of private households by household size 690
    1 person 135
    2 persons 270
    3 persons 135
    4 persons 115
    5 persons 25
    6 or more persons 10
    Number of persons in private households 1750
    Average number of persons in private households 2.5
Census 2011

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