Guelpheramosa, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $525,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 4.0% |
| Stock on market | 0.9% |
Apartment
| Median price | $320,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $425,000 |
| 3 bedrooms | $525,000 |
| 4 bedrooms | $675,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $270,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $475,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 14,500 |
| Population Change | 6.9% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Guelpheramosa, Ontario is currently experiencing a steady growth trajectory. The median house price stands at $525,000, with a year-over-year increase of 4%. This indicates a healthy demand for housing in the area, likely driven by both local factors and broader provincial trends in the Ontario real estate market.
Similarly, the apartment sector is showing positive momentum with a median price of $320,000, which has risen by 2.5% over the past year. This slower growth rate compared to houses suggests that the market is more balanced in the apartment sector, potentially offering more stable investment opportunities for those looking to enter the rental market.
The population of Guelpheramosa has reached approximately 15,500 residents, growing at an impressive rate of 6.9%. This rapid population increase is a strong indicator that could be contributing to the demand for housing and may lead to sustained growth in property values over time.
Investment Opportunities and Potential
Guelpheramosa presents several attractive investment opportunities. Given the solid growth in house prices and the significant population increase, investing in residential real estate could yield substantial returns. The consistent rise in property values suggests that both short-term flippers and long-term investors can find profitable ventures, especially if they can anticipate areas of future development or expansion within the town.
With apartments experiencing a slightly lower growth rate than houses, there is potential for investors to enter the market at a more accessible price point. Furthermore, as rental demand may rise due to population growth, purchasing apartments to rent out could provide consistent cash flow and equity build-up over time.
Future Market Outlook
The future outlook for Guelpheramosa’s real estate market appears optimistic. The sustained population growth at nearly 7% signals ongoing demand for housing. If this trend continues, it could lead to further tightening of the housing supply and subsequent increases in property values.
Investors should monitor infrastructure developments and municipal planning initiatives closely, as these will play critical roles in shaping future demand patterns. Key factors such as employment opportunities, transportation improvements, and community services will influence where within Guelpheramosa investment would be most advantageous.
In conclusion, while current trends point towards a robust market with potential gains for savvy investors, it remains crucial to conduct thorough due diligence and remain informed about local developments that could impact future market conditions.
