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Lower Wedgeport, NS

Updated: Aug 2016
House
Median price $118,450
Monthly growth -24.98 %
Quarterly trend
Stock on market 0.11%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Lower Wedgeport Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Lower Wedgeport is number 4476 putting it behind most of Canada .

The median house price listed in Lower Wedgeport this month is $118,450.

Across Nova Scotia Lower Wedgeport has the 323th most properties on offer with 825.

Is Lower Wedgeport a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

Over the last three months in Lower Wedgeport, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

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 Lower Wedgeport 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.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Find a mortgage broker in Lower Wedgeport, NS
Beds Median price (House) Median price (Apartment)
4 bedrooms $65,000
Demographics
  • Population in 20118252
  • Population in 20068656
  • 2006 to 2011 population change (%)-4.7
  • Total private dwellings3798
  • Private dwellings occupied by usual residents3382
  • Population density per square kilometre5.4
  • Land area (square km)1528.01

Age Characteristics

Total population by age groups 8250
0 to 4 years 355
5 to 9 years 420
10 to 14 years 445
15 to 19 years 495
15 years 105
16 years 100
17 years 115
18 years 85
19 years 90
20 to 24 years 410
25 to 29 years 355
30 to 34 years 400
35 to 39 years 535
40 to 44 years 545
45 to 49 years 720
50 to 54 years 675
55 to 59 years 660
60 to 64 years 695
65 to 69 years 520
70 to 74 years 320
75 to 79 years 230
80 to 84 years 235
85 years and over 240
Median age of the population 46.2
% of the population aged 15 and over 85.2

Marital Status

Total population 15 years and over by marital status 7030
Married or living with a common-law partner 4670
Married (and not separated) 4090
Living common-law 585
Not married and not living with a common-law partner 2365
Single (never legally married) 1450
Separated 145
Divorced 275
Widowed 490

Family Characteristics

Total number of census families in private households 2640
Size of census family: 2 persons 1465
Size of census family: 3 persons 585
Size of census family: 4 persons 460
Size of census family: 5 or more persons 125
Total number of census families in private households 2640
Total couple families by family structure and number of children 2325
Married couples 2030
Without children at home 1105
With children at home 930
1 child 425
2 children 405
3 or more children 95
Common-law couples 295
Without children at home 165
With children at home 130
1 child 65
2 children 45
3 or more children 20
Total lone-parent families by sex of parent and number of children 315
Female parent 240
1 child 145
2 children 80
3 or more children 15
Male parent 80
1 child 55
2 children 20
3 or more children 5
Total children in census families in private households 2235
Under six years of age 425
6 to 14 years 795
15 to 17 years 315
18 to 24 years 450
25 years and over 255
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 8180
Number of persons not in census families 980
Living with relatives 120
Living with non-relatives only 150
Living alone 710
Number of census family persons 7200
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 1485
Number of persons not in census families aged 65 years and over 430
Living with relatives 75
Living with non-relatives only 20
Living alone 335
Number of census family persons aged 65 years and over 1050
Total number of private households by household type 3385
Census-family households 2605
One-family-only households 2450
Couple-family households 2215
Without children 1195
With children 1015
Lone-parent-family households 240
Other family households 150
One-family households with persons not in a census family 110
Couple-family households 65
Without children 35
With children 25
Lone-parent-family households 50
Two-or-more-family households 40
Non-census-family households 780
One-person households 710
Two-or-more-person households 70
Total number of occupied private dwellings by structural type of dwelling 3380
Single-detached house 3240
Apartment, building that has five or more storeys 0
Movable dwelling 15
Other dwelling 120
Semi-detached house 15
Row house 25
Apartment, duplex 10
Apartment, building that has fewer than five storeys 70
Other single-attached house 0
Total number of private households by household size 3385
1 person 710
2 persons 1405
3 persons 610
4 persons 495
5 persons 120
6 or more persons 40
Number of persons in private households 8175
Average number of persons in private households 2.4

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