Trending

Credit plays a crucial role in real estate investment, greatly influencing the borrowing options that investors have at their disposal.

Arran-Elderslie, ON

Updated: Aug 2016
House
Median price $322,250
Monthly growth 123.08 %
Quarterly trend
Stock on market 0.54%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Arran-Elderslie Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Arran-Elderslie is number 1257 putting it ahead of most neighbourhoods .

With Arran-Elderslie’s median house price at $322,250 in Aug , it is about average compared to the rest of Ontario.

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.

From our data, it appears that neighbourhood is number 1472th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.

Is Arran-Elderslie 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 Arran-Elderslie there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

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

Over the last three months in Arran-Elderslie, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
3 bedrooms $399,000
4 bedrooms $254,900
Demographics
  • Population in 20116810
  • Population in 20066747
  • 2006 to 2011 population change (%)0.9
  • Total private dwellings2941
  • Private dwellings occupied by usual residents2726
  • Population density per square kilometre14.8
  • Land area (square km)460.13

Age Characteristics

Total population by age groups 6810
0 to 4 years 505
5 to 9 years 385
10 to 14 years 380
15 to 19 years 450
15 years 80
16 years 90
17 years 95
18 years 100
19 years 85
20 to 24 years 400
25 to 29 years 415
30 to 34 years 430
35 to 39 years 390
40 to 44 years 365
45 to 49 years 505
50 to 54 years 535
55 to 59 years 495
60 to 64 years 455
65 to 69 years 365
70 to 74 years 265
75 to 79 years 200
80 to 84 years 140
85 years and over 130
Median age of the population 40.7
% of the population aged 15 and over 81.3

Marital Status

Total population 15 years and over by marital status 5540
Married or living with a common-law partner 3545
Married (and not separated) 2970
Living common-law 570
Not married and not living with a common-law partner 1990
Single (never legally married) 1210
Separated 180
Divorced 270
Widowed 335

Family Characteristics

Total number of census families in private households 1975
Size of census family: 2 persons 1020
Size of census family: 3 persons 395
Size of census family: 4 persons 355
Size of census family: 5 or more persons 210
Total number of census families in private households 1975
Total couple families by family structure and number of children 1755
Married couples 1470
Without children at home 715
With children at home 755
1 child 280
2 children 290
3 or more children 180
Common-law couples 290
Without children at home 160
With children at home 125
1 child 60
2 children 50
3 or more children 20
Total lone-parent families by sex of parent and number of children 220
Female parent 160
1 child 95
2 children 45
3 or more children 20
Male parent 60
1 child 40
2 children 10
3 or more children 5
Total children in census families in private households 2095
Under six years of age 580
6 to 14 years 685
15 to 17 years 250
18 to 24 years 415
25 years and over 165
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 6730
Number of persons not in census families 900
Living with relatives 100
Living with non-relatives only 90
Living alone 710
Number of census family persons 5825
Average number of persons per census family 3
Total number of persons 65 years and over in private households 1035
Number of persons not in census families aged 65 years and over 345
Living with relatives 25
Living with non-relatives only 20
Living alone 295
Number of census family persons aged 65 years and over 690
Total number of private households by household type 2730
Census-family households 1960
One-family-only households 1885
Couple-family households 1690
Without children 850
With children 840
Lone-parent-family households 195
Other family households 75
One-family households with persons not in a census family 55
Couple-family households 45
Without children 20
With children 25
Lone-parent-family households 10
Two-or-more-family households 15
Non-census-family households 765
One-person households 705
Two-or-more-person households 60
Total number of occupied private dwellings by structural type of dwelling 2725
Single-detached house 2345
Apartment, building that has five or more storeys 0
Movable dwelling 5
Other dwelling 380
Semi-detached house 35
Row house 55
Apartment, duplex 15
Apartment, building that has fewer than five storeys 260
Other single-attached house 10
Total number of private households by household size 2725
1 person 710
2 persons 1025
3 persons 395
4 persons 370
5 persons 135
6 or more persons 90
Number of persons in private households 6730
Average number of persons in private households 2.5

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

Useful Links

Advertisement

Website Managed By

© 2023 Canadian Estate Wealth. All Rights Reserved by Merged Media