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Russeldale, ON

Updated: Jan 2015
House
Median price $278,400
Monthly growth -3.46 %
Quarterly trend
Stock on market 0.06%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Russeldale Home Price

When looking across the province, Russeldale is the 553th most expensive in Ontario.

In Jan the median listed house price of $278,400 in Russeldale was an above average compared to the rest of Ontario.

Russeldale’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

There are 1120 neighbourhoods that have more properties on sale than Russeldale at the moment in Ontario which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

When we look at the data we have, it can help with trying to establish whether or not Russeldale is a good investment target.

In Russeldale, 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 Russeldale will hopefully provide an indicator to help you where to research in-depth

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Russeldale there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
3 bedrooms $278,400
Demographics
  • Population in 20118919
  • Population in 20068839
  • 2006 to 2011 population change (%)0.9
  • Total private dwellings3400
  • Private dwellings occupied by usual residents3257
  • Population density per square kilometre15.4
  • Land area (square km)579.42

Age Characteristics

Total population by age groups 8920
0 to 4 years 605
5 to 9 years 585
10 to 14 years 610
15 to 19 years 700
15 years 140
16 years 125
17 years 135
18 years 150
19 years 145
20 to 24 years 610
25 to 29 years 495
30 to 34 years 480
35 to 39 years 470
40 to 44 years 535
45 to 49 years 700
50 to 54 years 715
55 to 59 years 610
60 to 64 years 460
65 to 69 years 345
70 to 74 years 295
75 to 79 years 250
80 to 84 years 240
85 years and over 215
Median age of the population 39
% of the population aged 15 and over 79.8

Marital Status

Total population 15 years and over by marital status 7120
Married or living with a common-law partner 4540
Married (and not separated) 4020
Living common-law 515
Not married and not living with a common-law partner 2585
Single (never legally married) 1725
Separated 145
Divorced 245
Widowed 475

Family Characteristics

Total number of census families in private households 2510
Size of census family: 2 persons 1135
Size of census family: 3 persons 475
Size of census family: 4 persons 525
Size of census family: 5 or more persons 375
Total number of census families in private households 2510
Total couple families by family structure and number of children 2245
Married couples 1990
Without children at home 865
With children at home 1125
1 child 340
2 children 445
3 or more children 340
Common-law couples 255
Without children at home 130
With children at home 130
1 child 50
2 children 50
3 or more children 25
Total lone-parent families by sex of parent and number of children 265
Female parent 190
1 child 100
2 children 60
3 or more children 25
Male parent 75
1 child 45
2 children 20
3 or more children 10
Total children in census families in private households 3105
Under six years of age 715
6 to 14 years 1070
15 to 17 years 395
18 to 24 years 710
25 years and over 225
Average number of children at home per census family 1.2

Household And Dwelling Characteristics

Total number of persons in private households 8805
Number of persons not in census families 935
Living with relatives 75
Living with non-relatives only 145
Living alone 715
Number of census family persons 7865
Average number of persons per census family 3.1
Total number of persons 65 years and over in private households 1230
Number of persons not in census families aged 65 years and over 380
Living with relatives 20
Living with non-relatives only 20
Living alone 340
Number of census family persons aged 65 years and over 850
Total number of private households by household type 3260
Census-family households 2480
One-family-only households 2380
Couple-family households 2170
Without children 960
With children 1205
Lone-parent-family households 210
Other family households 100
One-family households with persons not in a census family 70
Couple-family households 45
Without children 15
With children 30
Lone-parent-family households 25
Two-or-more-family households 30
Non-census-family households 780
One-person households 715
Two-or-more-person households 65
Total number of occupied private dwellings by structural type of dwelling 3255
Single-detached house 2900
Apartment, building that has five or more storeys 0
Movable dwelling 0
Other dwelling 360
Semi-detached house 65
Row house 35
Apartment, duplex 10
Apartment, building that has fewer than five storeys 250
Other single-attached house 5
Total number of private households by household size 3255
1 person 715
2 persons 1130
3 persons 465
4 persons 540
5 persons 260
6 or more persons 150
Number of persons in private households 8805
Average number of persons in private households 2.7

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