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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.

Find a mortgage broker in Drumbo, ON
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

Age Characteristics

Total population by age groups 7355
0 to 4 years 385
5 to 9 years 465
10 to 14 years 540
15 to 19 years 540
15 years 120
16 years 105
17 years 125
18 years 110
19 years 90
20 to 24 years 405
25 to 29 years 340
30 to 34 years 405
35 to 39 years 500
40 to 44 years 545
45 to 49 years 670
50 to 54 years 615
55 to 59 years 560
60 to 64 years 455
65 to 69 years 355
70 to 74 years 235
75 to 79 years 165
80 to 84 years 110
85 years and over 60
Median age of the population 40.8
% of the population aged 15 and over 81

Marital Status

Total population 15 years and over by marital status 5960
Married or living with a common-law partner 4070
Married (and not separated) 3545
Living common-law 530
Not married and not living with a common-law partner 1890
Single (never legally married) 1325
Separated 125
Divorced 200
Widowed 235

Family Characteristics

Total number of census families in private households 2195
Size of census family: 2 persons 1010
Size of census family: 3 persons 445
Size of census family: 4 persons 485
Size of census family: 5 or more persons 260
Total number of census families in private households 2195
Total couple families by family structure and number of children 2020
Married couples 1755
Without children at home 760
With children at home 995
1 child 325
2 children 430
3 or more children 235
Common-law couples 265
Without children at home 150
With children at home 115
1 child 60
2 children 40
3 or more children 15
Total lone-parent families by sex of parent and number of children 180
Female parent 120
1 child 70
2 children 35
3 or more children 15
Male parent 60
1 child 30
2 children 25
3 or more children 5
Total children in census families in private households 2455
Under six years of age 465
6 to 14 years 915
15 to 17 years 335
18 to 24 years 520
25 years and over 215
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 7305
Number of persons not in census families 640
Living with relatives 110
Living with non-relatives only 115
Living alone 415
Number of census family persons 6670
Average number of persons per census family 3
Total number of persons 65 years and over in private households 915
Number of persons not in census families aged 65 years and over 235
Living with relatives 50
Living with non-relatives only 10
Living alone 170
Number of census family persons aged 65 years and over 675
Total number of private households by household type 2615
Census-family households 2155
One-family-only households 2015
Couple-family households 1875
Without children 845
With children 1035
Lone-parent-family households 135
Other family households 145
One-family households with persons not in a census family 105
Couple-family households 80
Without children 25
With children 55
Lone-parent-family households 25
Two-or-more-family households 40
Non-census-family households 460
One-person households 415
Two-or-more-person households 50
Total number of occupied private dwellings by structural type of dwelling 2615
Single-detached house 2400
Apartment, building that has five or more storeys 0
Movable dwelling 5
Other dwelling 210
Semi-detached house 70
Row house 35
Apartment, duplex 15
Apartment, building that has fewer than five storeys 75
Other single-attached house 10
Total number of private households by household size 2615
1 person 410
2 persons 960
3 persons 445
4 persons 490
5 persons 235
6 or more persons 80
Number of persons in private households 7305
Average number of persons in private households 2.8

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