Trending

Credit plays a crucial role in real estate investment, greatly influencing the borrowing options that investors have at their disposal.

North Lake, NB

Updated: Aug 2016
House
Median price $59,900
Monthly growth 20.04 %
Quarterly trend
Stock on market 0.85%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

North Lake Home Price

When looking across the province, North Lake is the 399th most expensive in New Brunswick.

Want a cheaply priced house? Then at $59,900 this month, North Lake, New Brunswick do not consider price wise.

New Brunswick has the seventh most amount of properties available to property investors, with North Lake having 224th most in the province, out of a total of 421.

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

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

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

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 North Lake, NB
Demographics
  • Population in 2011243
  • Population in 2006300
  • 2006 to 2011 population change (%)-19
  • Total private dwellings351
  • Private dwellings occupied by usual residents120
  • Population density per square kilometre0.6
  • Land area (square km)440.66

Age Characteristics

Total population by age groups 245
0 to 4 years 10
5 to 9 years 10
10 to 14 years 5
15 to 19 years 5
15 years 5
16 years 0
17 years 0
18 years 0
19 years 5
20 to 24 years 10
25 to 29 years 5
30 to 34 years 5
35 to 39 years 10
40 to 44 years 5
45 to 49 years 25
50 to 54 years 20
55 to 59 years 30
60 to 64 years 50
65 to 69 years 20
70 to 74 years 10
75 to 79 years 15
80 to 84 years 5
85 years and over 5
Median age of the population 57.5
% of the population aged 15 and over 92.8

Marital Status

Total population 15 years and over by marital status 220
Married or living with a common-law partner 150
Married (and not separated) 140
Living common-law 10
Not married and not living with a common-law partner 70
Single (never legally married) 35
Separated 5
Divorced 15
Widowed 10

Family Characteristics

Total number of census families in private households 80
Size of census family: 2 persons 55
Size of census family: 3 persons 15
Size of census family: 4 persons 5
Size of census family: 5 or more persons 5
Total number of census families in private households 75
Total couple families by family structure and number of children 75
Married couples 70
Without children at home 50
With children at home 20
1 child 10
2 children 0
3 or more children 5
Common-law couples 5
Without children at home 0
With children at home 5
1 child 0
2 children 0
3 or more children 0
Total lone-parent families by sex of parent and number of children 0
Female parent 5
1 child 0
2 children 5
3 or more children 0
Male parent 5
1 child 0
2 children 0
3 or more children 0
Total children in census families in private households 45
Under six years of age 10
6 to 14 years 10
15 to 17 years 5
18 to 24 years 10
25 years and over 10
Average number of children at home per census family 0.6

Household And Dwelling Characteristics

Total number of persons in private households 240
Number of persons not in census families 45
Living with relatives 5
Living with non-relatives only 5
Living alone 40
Number of census family persons 195
Average number of persons per census family 2.4
Total number of persons 65 years and over in private households 55
Number of persons not in census families aged 65 years and over 20
Living with relatives 0
Living with non-relatives only 0
Living alone 15
Number of census family persons aged 65 years and over 35
Total number of private households by household type 120
Census-family households 75
One-family-only households 75
Couple-family households 75
Without children 55
With children 20
Lone-parent-family households 5
Other family households 5
One-family households with persons not in a census family 0
Couple-family households 0
Without children 0
With children 0
Lone-parent-family households 0
Two-or-more-family households 0
Non-census-family households 45
One-person households 40
Two-or-more-person households 0
Total number of occupied private dwellings by structural type of dwelling 120
Single-detached house 115
Apartment, building that has five or more storeys 0
Movable dwelling 0
Other dwelling 0
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 120
1 person 40
2 persons 60
3 persons 15
4 persons 5
5 persons 0
6 or more persons 5
Number of persons in private households 240
Average number of persons in private households 2

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