Beachburg, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $500,000 |
| Monthly growth | 1.2% |
| Quarterly trend | 3.5% |
| Stock on market | 0.8% |
Apartment
| Median price | $300,000 |
| Monthly growth | 0.9% |
| Quarterly trend | 2.1% |
| Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $400,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $600,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $250,000 |
| 2 bedrooms | $350,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,000 |
| Population Change | 7.1% |
| Total Private Dwellings | 6,000 |
| Occupied Private Dwellings | 5,500 |
| Population Density (per km²) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
1. Current Market Conditions and Trends
In Beachburg, Ontario, the real estate market has been experiencing a steady level of growth. The median house price currently sits at $500,000, with a year-over-year increase of 3.5%. This trend suggests that the market is healthy and growing at a sustainable rate. On the other hand, apartments in Beachburg are slightly more affordable, with a median price of $300,000 and a year-over-year trend showing an increase of 2.1%. This lower growth rate compared to houses indicates that apartments may be in less demand or that there is a higher supply available.
2. Investment Opportunities and Potential
The investment potential in Beachburg is promising due to the ongoing population growth, which is reported at 7.1%. This significant increase could lead to higher demand for housing in the area. The steady appreciation in house prices also offers investors the potential for capital gains over time. Given that both housing and apartment prices are rising, albeit at different rates, investors have the opportunity to target different segments of the market based on their investment strategy. Long-term investments in single-family homes could yield substantial returns given their higher growth trend, while apartments might offer more immediate rental income opportunities due to their affordability.
3. Future Market Outlook
The future market outlook for Beachburg appears optimistic. With a robust population growth far above national averages, the demand for housing is likely to remain strong. If this demographic trend continues, it will underpin the real estate market’s stability and drive further growth in property values. The current trends suggest that investing in Beachburg’s real estate is a solid decision with both short-term rental potential and long-term property value appreciation being highly probable outcomes. However, investors should monitor local economic developments and housing supply changes closely, as these factors will ultimately influence the performance of their investments.
