Across the nation CREW lists data for 5162 neighbourhoods, and this month Cumberland Beach is number 1745 putting it in the top half of the country .
With Cumberland Beach’s median house price at $277,400 in Aug , it is about average compared to the rest of Ontario.
Is Cumberland Beach a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
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 Cumberland Beach will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Cumberland Beach, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.