The median house price listed in Whiteway this month is $185,900.
According to our stats, Whiteway is the neighbourhood that has the 138th most properties available to real estate investors in Newfoundland and Labrador.
Is Whiteway a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Whiteway there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Whiteway will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Whiteway, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.