Trending

Discover the Future of Real Estate with Technology-Driven Platforms! Explore how cutting-edge technology is transforming the real estate industry

Hermans Island, NS

Updated: Aug 2016
House
Median price $749,000
Monthly growth
Quarterly trend
Stock on market 0.02%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Hermans Island Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Hermans Island is number 138 putting it ahead of most neighbourhoods .

While the median for Nova Scotia is $232,500 , which means that Hermans Island’s median price is $749,000 considerably better than the rest of the province.

Nova Scotia has the fifth most amount of properties available to property investors, with Hermans Island having 417th most in the province, out of a total of 825.

Can we guarantee how well Hermans Island 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.

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

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Hermans Island will hopefully provide an indicator to help you where to research in-depth

If you are looking at investment properties in Hermans Island, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
3 bedrooms $646,750
Demographics
  • Population in 201125118
  • Population in 200625164
  • 2006 to 2011 population change (%)-0.2
  • Total private dwellings13392
  • Private dwellings occupied by usual residents10725
  • Population density per square kilometre14.3
  • Land area (square km)1759.64

Age Characteristics

Total population by age groups 25120
0 to 4 years 925
5 to 9 years 1070
10 to 14 years 1275
15 to 19 years 1435
15 years 280
16 years 290
17 years 315
18 years 300
19 years 245
20 to 24 years 1115
25 to 29 years 915
30 to 34 years 1100
35 to 39 years 1445
40 to 44 years 1665
45 to 49 years 2260
50 to 54 years 2390
55 to 59 years 2335
60 to 64 years 2305
65 to 69 years 1695
70 to 74 years 1235
75 to 79 years 860
80 to 84 years 575
85 years and over 515
Median age of the population 48.7
% of the population aged 15 and over 87

Marital Status

Total population 15 years and over by marital status 21845
Married or living with a common-law partner 14735
Married (and not separated) 12290
Living common-law 2440
Not married and not living with a common-law partner 7115
Single (never legally married) 4145
Separated 535
Divorced 1055
Widowed 1380

Family Characteristics

Total number of census families in private households 8255
Size of census family: 2 persons 5055
Size of census family: 3 persons 1665
Size of census family: 4 persons 1190
Size of census family: 5 or more persons 345
Total number of census families in private households 8255
Total couple families by family structure and number of children 7305
Married couples 6090
Without children at home 3685
With children at home 2405
1 child 1165
2 children 965
3 or more children 270
Common-law couples 1215
Without children at home 750
With children at home 465
1 child 255
2 children 155
3 or more children 60
Total lone-parent families by sex of parent and number of children 950
Female parent 690
1 child 435
2 children 185
3 or more children 65
Male parent 260
1 child 185
2 children 60
3 or more children 15
Total children in census families in private households 6120
Under six years of age 1105
6 to 14 years 2140
15 to 17 years 860
18 to 24 years 1265
25 years and over 745
Average number of children at home per census family 0.7

Household And Dwelling Characteristics

Total number of persons in private households 24965
Number of persons not in census families 3285
Living with relatives 340
Living with non-relatives only 595
Living alone 2355
Number of census family persons 21680
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 4805
Number of persons not in census families aged 65 years and over 1355
Living with relatives 170
Living with non-relatives only 100
Living alone 1075
Number of census family persons aged 65 years and over 3450
Total number of private households by household type 10725
Census-family households 8115
One-family-only households 7650
Couple-family households 6890
Without children 4170
With children 2715
Lone-parent-family households 765
Other family households 465
One-family households with persons not in a census family 330
Couple-family households 225
Without children 125
With children 100
Lone-parent-family households 100
Two-or-more-family households 140
Non-census-family households 2610
One-person households 2350
Two-or-more-person households 255
Total number of occupied private dwellings by structural type of dwelling 10725
Single-detached house 9900
Apartment, building that has five or more storeys 0
Movable dwelling 540
Other dwelling 280
Semi-detached house 65
Row house 10
Apartment, duplex 60
Apartment, building that has fewer than five storeys 130
Other single-attached house 20
Total number of private households by household size 10725
1 person 2355
2 persons 4910
3 persons 1715
4 persons 1290
5 persons 330
6 or more persons 130
Number of persons in private households 24960
Average number of persons in private households 2.3

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

Useful Links

Advertisement

Website Managed By

© 2023 Canadian Estate Wealth. All Rights Reserved by Merged Media