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Drumbo, ON

Updated: Aug 2016
House
Median price $399,900
Monthly growth
Quarterly trend
Stock on market 0.11%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Drumbo Home Price

The median asking price in Drumbo is $399,900, a substantial increase over the median three months ago which was $407,450 .

The $399,900 price tag on the median Drumbo home means that it is quite highly priced by Canadian standards.

From our data, it appears that neighbourhood is number 3570th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 30.

When we look at the data we have, it can help with trying to establish whether or not Drumbo is a good investment target.

If you are looking at investment properties in Drumbo, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

Is Drumbo a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

In Drumbo, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
3 bedrooms $409,950
Demographics
  • Population in 20117359
  • Population in 20067149
  • 2006 to 2011 population change (%)2.9
  • Total private dwellings2716
  • Private dwellings occupied by usual residents2616
  • Population density per square kilometre19.3
  • Land area (square km)382.28