Trending

From economic indicators to credit scores, uncover what drives mortgage rates and how to secure the best deal for your home loan.

Cochrane, AB

Updated: Aug 2016
House
Median price
Monthly growth
Quarterly trend
Stock on market
Apartment
Median price $225,000
Monthly growth 11.99 %
Quarterly trend
Stock on market 0.10%

Cochrane Home Price

It’s never an exact art, but to try to forecast how property is going to appreciate in Cochrane for investors, it’s important to look at data like:

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.

The median asking price in Cochrane is $225,000, pretty close to the median three months ago which was $225,000 .

While the median for Alberta is $259,000 , which means that Cochrane’s median price is $225,000 better than average than the rest of the province.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Cochrane has a pretty average amount compared to the rest of the province

Alberta 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 Cochrane, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

Find a mortgage broker in Cochrane, AB
Beds Median price (House) Median price (Apartment)
3 bedrooms $562,450
Demographics
  • Population in 201117580
  • Population in 200613760
  • 2006 to 2011 population change (%)27.8
  • Total private dwellings6824
  • Private dwellings occupied by usual residents6523
  • Population density per square kilometre585.5
  • Land area (square km)30.03

Age Characteristics

Total population by age groups 17580
0 to 4 years 1170
5 to 9 years 1205
10 to 14 years 1190
15 to 19 years 1275
15 years 260
16 years 245
17 years 250
18 years 255
19 years 270
20 to 24 years 995
25 to 29 years 1010
30 to 34 years 1190
35 to 39 years 1325
40 to 44 years 1310
45 to 49 years 1575
50 to 54 years 1455
55 to 59 years 1170
60 to 64 years 920
65 to 69 years 655
70 to 74 years 425
75 to 79 years 300
80 to 84 years 195
85 years and over 205
Median age of the population 38
% of the population aged 15 and over 79.7

Marital Status

Total population 15 years and over by marital status 14015
Married or living with a common-law partner 9370
Married (and not separated) 8220
Living common-law 1155
Not married and not living with a common-law partner 4640
Single (never legally married) 3050
Separated 310
Divorced 785
Widowed 495

Family Characteristics

Total number of census families in private households 5200
Size of census family: 2 persons 2450
Size of census family: 3 persons 1085
Size of census family: 4 persons 1175
Size of census family: 5 or more persons 495
Total number of census families in private households 5200
Total couple families by family structure and number of children 4610
Married couples 4030
Without children at home 1775
With children at home 2255
1 child 775
2 children 1025
3 or more children 450
Common-law couples 575
Without children at home 340
With children at home 235
1 child 120
2 children 90
3 or more children 30
Total lone-parent families by sex of parent and number of children 595
Female parent 450
1 child 240
2 children 150
3 or more children 60
Male parent 145
1 child 95
2 children 40
3 or more children 10
Total children in census families in private households 5630
Under six years of age 1400
6 to 14 years 2130
15 to 17 years 735
18 to 24 years 1095
25 years and over 270
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 17290
Number of persons not in census families 1855
Living with relatives 190
Living with non-relatives only 475
Living alone 1185
Number of census family persons 15440
Average number of persons per census family 3
Total number of persons 65 years and over in private households 1585
Number of persons not in census families aged 65 years and over 385
Living with relatives 40
Living with non-relatives only 20
Living alone 320
Number of census family persons aged 65 years and over 1200
Total number of private households by household type 6525
Census-family households 5145
One-family-only households 4890
Couple-family households 4395
Without children 1995
With children 2400
Lone-parent-family households 500
Other family households 255
One-family households with persons not in a census family 195
Couple-family households 130
Without children 55
With children 65
Lone-parent-family households 70
Two-or-more-family households 55
Non-census-family households 1380
One-person households 1190
Two-or-more-person households 190
Total number of occupied private dwellings by structural type of dwelling 6520
Single-detached house 4505
Apartment, building that has five or more storeys 0
Movable dwelling 0
Other dwelling 2015
Semi-detached house 880
Row house 390
Apartment, duplex 70
Apartment, building that has fewer than five storeys 675
Other single-attached house 5
Total number of private households by household size 6525
1 person 1190
2 persons 2410
3 persons 1145
4 persons 1215
5 persons 430
6 or more persons 140
Number of persons in private households 17290
Average number of persons in private households 2.7

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