Gamebridge, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $500,000 |
| Monthly growth | 1.2% |
| Quarterly trend | 3.5% |
| Stock on market | 0.8% |
Apartment
| Median price | $300,000 |
| Monthly growth | 0.9% |
| Quarterly trend | 2.1% |
| Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $400,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $600,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $250,000 |
| 2 bedrooms | $350,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,000 |
| Population Change | 7.1% |
| Total Private Dwellings | 6,000 |
| Occupied Private Dwellings | 5,500 |
| Population Density (per km²) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
In Gamebridge, Ontario, the real estate market is exhibiting steady growth. The median house price in the area has reached $500,000, reflecting a year-over-year increase of 3.5%. This incremental growth indicates a stable market environment without the extreme volatility seen in some other regions. Similarly, the median apartment price now stands at $300,000, with a more modest year-over-year appreciation of 2.1%. Such trends suggest that while the market is growing, it is not overheating, which can often lead to sudden corrections.
The population of Gamebridge currently stands at 15,000 and has experienced significant growth of 7.1%, signaling strong demographic demand that could continue to support the real estate market. This population increase is likely contributing to the steady property value appreciation experienced in both housing and apartment sectors.
Investment Opportunities and Potential
Gamebridge presents several investment opportunities for potential buyers and real estate investors. The consistent growth in median house and apartment prices suggests that investments in residential properties are likely to benefit from capital appreciation over time. The solid population growth further underpins these opportunities, as an increasing population typically drives demand for housing.
For those looking to invest in rental properties, the growing population could indicate a rising demand for rental accommodations, potentially leading to favorable rental yields. Moreover, the current trends appear sustainable given the gradual price increases, suggesting that investments made now could offer long-term benefits without the risks associated with speculative bubbles.
Future Market Outlook
The future outlook for Gamebridge’s real estate market remains optimistic based on current data. If the population continues to grow at its current rate or higher, this will likely result in continued demand for housing. Furthermore, with house and apartment prices appreciating at a reasonable pace, there is potential for ongoing investment returns without fear of abrupt market shifts.
Prospective investors should note that external economic factors such as interest rates, employment rates, and regional economic developments can impact future market conditions. However, based on present statistics and trends, Gamebridge’s real estate market shows promise for stable growth and remains an attractive location for both residential living and investment purposes.
