Gillies Corners was Canada’s 686th most expensive suburb by listed median house price this month.
The $384,015 price tag on the median Gillies Corners home means that it is quite highly priced by Canadian standards.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Ontario has the second most amount of properties available to property investors, with Gillies Corners having 931th most in the province, out of a total of 1109.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Gillies Corners will hopefully provide an indicator to help you where to research in-depth
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Gillies Corners have stayed pretty much the same which would tend to indicate that demand is steady.
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.
Can we guarantee how well Gillies Corners is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Gillies Corners there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.