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Millvale, NS

Updated: May 2015
House
Median price $34,300
Monthly growth
Quarterly trend
Stock on market 0.06%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Millvale Home Price

Millvale, Nova Scotia has a median house price of $34,300 when compiling all the home listings in May .

From our data, it appears that neighbourhood is number 4387th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.

Is Millvale 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 Millvale, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

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.

As one of Nova Scotia’s many potential real estate investment neighbourhoods, Millvale needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

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

Demographics
  • Population in 20114266
  • Population in 20064454
  • 2006 to 2011 population change (%)-4.2
  • Total private dwellings3325
  • Private dwellings occupied by usual residents1848
  • Population density per square kilometre4
  • Land area (square km)1054.06

Age Characteristics

Total population by age groups 4265
0 to 4 years 155
5 to 9 years 160
10 to 14 years 220
15 to 19 years 210
15 years 50
16 years 35
17 years 40
18 years 50
19 years 35
20 to 24 years 160
25 to 29 years 140
30 to 34 years 145
35 to 39 years 190
40 to 44 years 235
45 to 49 years 360
50 to 54 years 390
55 to 59 years 410
60 to 64 years 440
65 to 69 years 350
70 to 74 years 260
75 to 79 years 190
80 to 84 years 135
85 years and over 120
Median age of the population 52
% of the population aged 15 and over 87.5

Marital Status

Total population 15 years and over by marital status 3730
Married or living with a common-law partner 2335
Married (and not separated) 1975
Living common-law 360
Not married and not living with a common-law partner 1395
Single (never legally married) 745
Separated 95
Divorced 230
Widowed 320

Family Characteristics

Total number of census families in private households 1295
Size of census family: 2 persons 830
Size of census family: 3 persons 215
Size of census family: 4 persons 165
Size of census family: 5 or more persons 75
Total number of census families in private households 1295
Total couple families by family structure and number of children 1150
Married couples 975
Without children at home 630
With children at home 340
1 child 150
2 children 135
3 or more children 55
Common-law couples 180
Without children at home 105
With children at home 70
1 child 30
2 children 25
3 or more children 20
Total lone-parent families by sex of parent and number of children 145
Female parent 100
1 child 65
2 children 30
3 or more children 10
Male parent 40
1 child 30
2 children 5
3 or more children 5
Total children in census families in private households 960
Under six years of age 180
6 to 14 years 345
15 to 17 years 120
18 to 24 years 180
25 years and over 125
Average number of children at home per census family 0.7

Household And Dwelling Characteristics

Total number of persons in private households 4095
Number of persons not in census families 690
Living with relatives 95
Living with non-relatives only 80
Living alone 520
Number of census family persons 3405
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 980
Number of persons not in census families aged 65 years and over 295
Living with relatives 45
Living with non-relatives only 15
Living alone 235
Number of census family persons aged 65 years and over 685
Total number of private households by household type 1850
Census-family households 1285
One-family-only households 1210
Couple-family households 1095
Without children 705
With children 390
Lone-parent-family households 110
Other family households 80
One-family households with persons not in a census family 65
Couple-family households 40
Without children 20
With children 20
Lone-parent-family households 25
Two-or-more-family households 10
Non-census-family households 565
One-person households 520
Two-or-more-person households 45
Total number of occupied private dwellings by structural type of dwelling 1850
Single-detached house 1665
Apartment, building that has five or more storeys 0
Movable dwelling 85
Other dwelling 105
Semi-detached house 5
Row house 30
Apartment, duplex 10
Apartment, building that has fewer than five storeys 45
Other single-attached house 10
Total number of private households by household size 1850
1 person 520
2 persons 820
3 persons 235
4 persons 185
5 persons 55
6 or more persons 35
Number of persons in private households 4095
Average number of persons in private households 2.2

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