Real Estate Market Report for
Wheatley River, PE

Updated : Aug 2016
House
  • Median price $324,450
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.22%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Wheatley River Home Price

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Across the nation CREW lists data for 5162 neighbourhoods, and this month Wheatley River is number 1241 putting it ahead of most neighbourhoods .

The $324,450 price tag on the median Wheatley River home means that it is above the cost of most houses in the country.

There are 218 neighbourhoods that have more properties on sale than Wheatley River at the moment in Prince Edward Island which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Wheatley River 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.

Over the last three months in Wheatley River, housing stock available seems to be falling – this could mean that homes values might increase faster.

Prince Edward Island 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.

In Wheatley River, 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 $184,900
Demographics
  • Population in 20111656
  • Population in 20061572
  • 2006 to 2011 population change (%)5.3
  • Total private dwellings918
  • Private dwellings occupied by usual residents652
  • Population density per square kilometre23.7
  • Land area (square km)69.84
  • Age Characteristics
    Total population by age groups 1660
    0 to 4 years 105
    5 to 9 years 70
    10 to 14 years 95
    15 to 19 years 105
    15 years 20
    16 years 25
    17 years 20
    18 years 20
    19 years 20
    20 to 24 years 90
    25 to 29 years 80
    30 to 34 years 85
    35 to 39 years 90
    40 to 44 years 115
    45 to 49 years 145
    50 to 54 years 145
    55 to 59 years 125
    60 to 64 years 140
    65 to 69 years 90
    70 to 74 years 75
    75 to 79 years 45
    80 to 84 years 40
    85 years and over 10
    Median age of the population 44.5
    % of the population aged 15 and over 83.9
  • Marital Status
    Total population 15 years and over by marital status 1385
    Married or living with a common-law partner 935
    Married (and not separated) 840
    Living common-law 100
    Not married and not living with a common-law partner 450
    Single (never legally married) 305
    Separated 40
    Divorced 50
    Widowed 60
    Family Characteristics
    Total number of census families in private households 545
    Size of census family: 2 persons 310
    Size of census family: 3 persons 110
    Size of census family: 4 persons 90
    Size of census family: 5 or more persons 30
    Total number of census families in private households 545
    Total couple families by family structure and number of children 465
    Married couples 410
    Without children at home 220
    With children at home 195
    1 child 90
    2 children 80
    3 or more children 30
    Common-law couples 50
    Without children at home 35
    With children at home 15
    1 child 5
    2 children 10
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 85
    Female parent 60
    1 child 40
    2 children 20
    3 or more children 5
    Male parent 20
    1 child 10
    2 children 5
    3 or more children 5
    Total children in census families in private households 480
    Under six years of age 120
    6 to 14 years 150
    15 to 17 years 60
    18 to 24 years 95
    25 years and over 55
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 1650
    Number of persons not in census families 160
    Living with relatives 15
    Living with non-relatives only 25
    Living alone 115
    Number of census family persons 1490
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 250
    Number of persons not in census families aged 65 years and over 50
    Living with relatives 10
    Living with non-relatives only 0
    Living alone 40
    Number of census family persons aged 65 years and over 205
    Total number of private households by household type 650
    Census-family households 525
    One-family-only households 490
    Couple-family households 430
    Without children 230
    With children 195
    Lone-parent-family households 60
    Other family households 35
    One-family households with persons not in a census family 20
    Couple-family households 15
    Without children 5
    With children 10
    Lone-parent-family households 5
    Two-or-more-family households 15
    Non-census-family households 125
    One-person households 115
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 650
    Single-detached house 590
    Apartment, building that has five or more storeys 0
    Movable dwelling 40
    Other dwelling 25
    Semi-detached house 5
    Row house 10
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 0
    Total number of private households by household size 650
    1 person 115
    2 persons 280
    3 persons 110
    4 persons 105
    5 persons 30
    6 or more persons 10
    Number of persons in private households 1650
    Average number of persons in private households 2.5
Census 2011

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