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Bunyan's Cove, NL

Updated: May 2016
House
Median price $140,700
Monthly growth -4.41 %
Quarterly trend
Stock on market 0.11%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Bunyan's Cove Home Price

Canada’s national median home listing price this month is $319,900, which means that Bunyan's Cove is in the bottom 40% for Canada.

The $140,700 price tag on the median Bunyan's Cove home means that it is below the national norm.

Across Newfoundland and Labrador Bunyan's Cove has the 130th most properties on offer with 184.

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Bunyan's Cove 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.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Bunyan's Cove, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.

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

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
3 bedrooms $176,850
Demographics
  • Population in 20112714
  • Population in 20062765
  • 2006 to 2011 population change (%)-1.8
  • Total private dwellings1758
  • Private dwellings occupied by usual residents1143
  • Population density per square kilometre1.6
  • Land area (square km)1664.58

Age Characteristics

Total population by age groups 2715
0 to 4 years 100
5 to 9 years 130
10 to 14 years 120
15 to 19 years 130
15 years 25
16 years 30
17 years 25
18 years 25
19 years 25
20 to 24 years 90
25 to 29 years 100
30 to 34 years 120
35 to 39 years 150
40 to 44 years 205
45 to 49 years 250
50 to 54 years 275
55 to 59 years 240
60 to 64 years 270
65 to 69 years 195
70 to 74 years 145
75 to 79 years 95
80 to 84 years 55
85 years and over 40
Median age of the population 49.3
% of the population aged 15 and over 87

Marital Status

Total population 15 years and over by marital status 2360
Married or living with a common-law partner 1665
Married (and not separated) 1485
Living common-law 185
Not married and not living with a common-law partner 695
Single (never legally married) 400
Separated 30
Divorced 80
Widowed 185

Family Characteristics

Total number of census families in private households 925
Size of census family: 2 persons 560
Size of census family: 3 persons 215
Size of census family: 4 persons 130
Size of census family: 5 or more persons 20
Total number of census families in private households 925
Total couple families by family structure and number of children 835
Married couples 745
Without children at home 445
With children at home 295
1 child 170
2 children 115
3 or more children 15
Common-law couples 90
Without children at home 55
With children at home 40
1 child 20
2 children 10
3 or more children 5
Total lone-parent families by sex of parent and number of children 95
Female parent 65
1 child 45
2 children 15
3 or more children 10
Male parent 30
1 child 20
2 children 10
3 or more children 0
Total children in census families in private households 635
Under six years of age 130
6 to 14 years 225
15 to 17 years 75
18 to 24 years 115
25 years and over 90
Average number of children at home per census family 0.7

Household And Dwelling Characteristics

Total number of persons in private households 2715
Number of persons not in census families 325
Living with relatives 65
Living with non-relatives only 50
Living alone 215
Number of census family persons 2390
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 535
Number of persons not in census families aged 65 years and over 145
Living with relatives 30
Living with non-relatives only 15
Living alone 100
Number of census family persons aged 65 years and over 395
Total number of private households by household type 1145
Census-family households 900
One-family-only households 835
Couple-family households 765
Without children 455
With children 310
Lone-parent-family households 65
Other family households 65
One-family households with persons not in a census family 45
Couple-family households 30
Without children 15
With children 15
Lone-parent-family households 10
Two-or-more-family households 25
Non-census-family households 240
One-person households 215
Two-or-more-person households 30
Total number of occupied private dwellings by structural type of dwelling 1145
Single-detached house 1095
Apartment, building that has five or more storeys 0
Movable dwelling 10
Other dwelling 30
Semi-detached house 15
Row house 5
Apartment, duplex 0
Apartment, building that has fewer than five storeys 10
Other single-attached house 5
Total number of private households by household size 1140
1 person 215
2 persons 520
3 persons 225
4 persons 145
5 persons 30
6 or more persons 5
Number of persons in private households 2715
Average number of persons in private households 2.4

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.

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