Real Estate Market Report for
Wabush, NL

Updated : Aug 2016
House
  • Median price $295,000
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 1.03%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Wabush Home Price

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Across the country as a whole, Wabush is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

While the median for Newfoundland and Labrador is $209,000 , which means that Wabush’s median price is $295,000 better than average than the rest of the province.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 4.

From our data, it appears that neighbourhood is number 2268th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.

Will prices rise across the next year in in Wabush? There are a number of real estate indicators to consider.

If you are looking at investment properties in Wabush, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

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

In Wabush, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
3 bedrooms $299,900
4 bedrooms $295,000
Demographics
  • Population in 20111861
  • Population in 20061739
  • 2006 to 2011 population change (%)7
  • Total private dwellings775
  • Private dwellings occupied by usual residents733
  • Population density per square kilometre40.2
  • Land area (square km)46.25
  • Age Characteristics
    Total population by age groups 1860
    0 to 4 years 110
    5 to 9 years 110
    10 to 14 years 125
    15 to 19 years 85
    15 years 20
    16 years 20
    17 years 15
    18 years 15
    19 years 20
    20 to 24 years 120
    25 to 29 years 155
    30 to 34 years 150
    35 to 39 years 190
    40 to 44 years 165
    45 to 49 years 140
    50 to 54 years 125
    55 to 59 years 145
    60 to 64 years 125
    65 to 69 years 65
    70 to 74 years 35
    75 to 79 years 10
    80 to 84 years 5
    85 years and over 0
    Median age of the population 36.6
    % of the population aged 15 and over 81.8
  • Marital Status
    Total population 15 years and over by marital status 1520
    Married or living with a common-law partner 1125
    Married (and not separated) 825
    Living common-law 295
    Not married and not living with a common-law partner 395
    Single (never legally married) 310
    Separated 15
    Divorced 35
    Widowed 35
    Family Characteristics
    Total number of census families in private households 600
    Size of census family: 2 persons 315
    Size of census family: 3 persons 150
    Size of census family: 4 persons 110
    Size of census family: 5 or more persons 30
    Total number of census families in private households 605
    Total couple families by family structure and number of children 555
    Married couples 410
    Without children at home 200
    With children at home 210
    1 child 100
    2 children 90
    3 or more children 20
    Common-law couples 150
    Without children at home 80
    With children at home 65
    1 child 40
    2 children 15
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 45
    Female parent 25
    1 child 15
    2 children 5
    3 or more children 0
    Male parent 25
    1 child 20
    2 children 0
    3 or more children 0
    Total children in census families in private households 510
    Under six years of age 135
    6 to 14 years 205
    15 to 17 years 55
    18 to 24 years 80
    25 years and over 35
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 1855
    Number of persons not in census families 185
    Living with relatives 20
    Living with non-relatives only 40
    Living alone 125
    Number of census family persons 1670
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 115
    Number of persons not in census families aged 65 years and over 20
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 20
    Number of census family persons aged 65 years and over 95
    Total number of private households by household type 735
    Census-family households 590
    One-family-only households 560
    Couple-family households 525
    Without children 255
    With children 270
    Lone-parent-family households 35
    Other family households 30
    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 15
    Non-census-family households 140
    One-person households 125
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 730
    Single-detached house 360
    Apartment, building that has five or more storeys 0
    Movable dwelling 45
    Other dwelling 325
    Semi-detached house 75
    Row house 195
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 60
    Other single-attached house 0
    Total number of private households by household size 730
    1 person 125
    2 persons 300
    3 persons 155
    4 persons 120
    5 persons 30
    6 or more persons 10
    Number of persons in private households 1850
    Average number of persons in private households 2.5
Census 2011

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