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Torbay, NL

Updated: Aug 2016
House
Median price $469,900
Monthly growth -1.05 %
Quarterly trend
Stock on market 2.29%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Torbay Home Price

The median asking price in Torbay is $469,900, a substantial increase over the median three months ago which was $487,650 .

Torbay, Newfoundland and Labrador has a median house price of $469,900 when compiling all the home listings in Aug .

According to our stats, Torbay is the neighbourhood that has the 10th most properties available to real estate investors in Newfoundland and Labrador.

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

In Torbay, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

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

If you are looking at investment properties in Torbay, 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)
2 bedrooms $247,400
3 bedrooms $486,900
4 bedrooms $449,000
5 bedrooms $471,950
Demographics
  • Population in 20117397
  • Population in 20066281
  • 2006 to 2011 population change (%)17.8
  • Total private dwellings2662
  • Private dwellings occupied by usual residents2589
  • Population density per square kilometre212.1
  • Land area (square km)34.88

Age Characteristics

Total population by age groups 7400
0 to 4 years 630
5 to 9 years 545
10 to 14 years 405
15 to 19 years 455
15 years 75
16 years 100
17 years 105
18 years 95
19 years 80
20 to 24 years 410
25 to 29 years 365
30 to 34 years 600
35 to 39 years 735
40 to 44 years 665
45 to 49 years 595
50 to 54 years 560
55 to 59 years 440
60 to 64 years 375
65 to 69 years 220
70 to 74 years 140
75 to 79 years 105
80 to 84 years 70
85 years and over 70
Median age of the population 37
% of the population aged 15 and over 78.6

Marital Status

Total population 15 years and over by marital status 5815
Married or living with a common-law partner 3885
Married (and not separated) 3245
Living common-law 640
Not married and not living with a common-law partner 1930
Single (never legally married) 1350
Separated 95
Divorced 205
Widowed 275

Family Characteristics

Total number of census families in private households 2235
Size of census family: 2 persons 885
Size of census family: 3 persons 565
Size of census family: 4 persons 650
Size of census family: 5 or more persons 135
Total number of census families in private households 2230
Total couple families by family structure and number of children 1925
Married couples 1605
Without children at home 545
With children at home 1065
1 child 395
2 children 545
3 or more children 120
Common-law couples 320
Without children at home 160
With children at home 160
1 child 75
2 children 75
3 or more children 10
Total lone-parent families by sex of parent and number of children 305
Female parent 245
1 child 145
2 children 75
3 or more children 25
Male parent 60
1 child 40
2 children 15
3 or more children 5
Total children in census families in private households 2600
Under six years of age 760
6 to 14 years 815
15 to 17 years 275
18 to 24 years 500
25 years and over 240
Average number of children at home per census family 1.2

Household And Dwelling Characteristics

Total number of persons in private households 7325
Number of persons not in census families 570
Living with relatives 105
Living with non-relatives only 105
Living alone 365
Number of census family persons 6755
Average number of persons per census family 3
Total number of persons 65 years and over in private households 545
Number of persons not in census families aged 65 years and over 185
Living with relatives 55
Living with non-relatives only 10
Living alone 120
Number of census family persons aged 65 years and over 360
Total number of private households by household type 2590
Census-family households 2180
One-family-only households 2025
Couple-family households 1780
Without children 625
With children 1155
Lone-parent-family households 245
Other family households 150
One-family households with persons not in a census family 95
Couple-family households 70
Without children 20
With children 45
Lone-parent-family households 25
Two-or-more-family households 55
Non-census-family households 410
One-person households 365
Two-or-more-person households 45
Total number of occupied private dwellings by structural type of dwelling 2590
Single-detached house 2390
Apartment, building that has five or more storeys 0
Movable dwelling 0
Other dwelling 200
Semi-detached house 10
Row house 0
Apartment, duplex 165
Apartment, building that has fewer than five storeys 20
Other single-attached house 0
Total number of private households by household size 2590
1 person 365
2 persons 810
3 persons 565
4 persons 650
5 persons 150
6 or more persons 50
Number of persons in private households 7325
Average number of persons in private households 2.8

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