Last report update for Cobble Hill: Wednesday, March 17, 2010
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Chemainus
Cowichan Bay
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Mill Bay
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Shawnigan Lake


Cobble Hill Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Cobble Hill

Year Year to Year
Comparison
** National
Contribution
2010: * 20.00% * 0.00%
2009: 40.00% 0.01%
2003: 40.00% 0.01%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 80.00% and 0.01% respectively. ** Total national contribution of Cobble Hill mortgages in the past is currently 0.01% with a projected target of 0.02%.

Current City Standing within British Columbia


Location Contribution
111:  ROSSLAND, BC 0.012%
112:  SALMO, BC 0.012%
113:  GARIBALDI HIGHLANDS, BC 0.012%
114:  FALKLAND, BC 0.012%
115:  HUDSON'S HOPE, BC 0.012%
116:  COBBLE HILL, BC 0.012%
117:  INVERMERE, BC 0.012%
118:  BRENTWOOD BAY, BC 0.012%
119:  ENDERBY, BC 0.012%
120:  BOWEN ISLAND, BC 0.012%
121:  PRITCHARD, BC 0.012%

Nearest Settlements


1Duncan, British Columbia
2Chemainus, British Columbia
3Cowichan Bay, British Columbia
4Ladysmith, British Columbia
5Galiano Island, British Columbia
6Port Alberni, British Columbia
7Shawnigan Lake, British Columbia
8Mill Bay, British Columbia
9North Saanich, British Columbia
10Lake Cowichan, British Columbia
11Galiano, British Columbia
12Pender Island, British Columbia
13Sidney, British Columbia
14Salt Spring Island, British Columbia
15Gabriola, British Columbia
16Nanaimo, British Columbia
17Nanoose Bay, British Columbia
18Errington, British Columbia
19Lantzville, British Columbia
20Brentwood Bay, British Columbia
21Saanichton, British Columbia
22Qualicum Beach, British Columbia


Product Popularity for Cobble Hill


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 60.0%
Renewal: 20.0%
First-time Buyer: 20.0%
 
Total Application Types Found: 3
 Cobble Hill Mortgage Product Popularity Pie Chart

Age Demographics for Cobble Hill Mortgage Applicants

Average age: 45
Oldest age: 59
Youngest age: 32


Incomes for Cobble Hill Mortgage Applicants

The amounts shown below represent the average income of people living in Cobble Hill who have submitted a mortgage inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Cobble Hill: $79,800.00
applicants within all of Canada: $58,582.39
Difference: $21,217.61
  

Since the average income of Cobble Hill is much higher than the national average, we have included the MEDIAN annual gross income for this location. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.

Median annual gross income for
mortgage applicants in Cobble Hill: $72,000.00
applicants within all of Canada: $58,582.39
Difference: $13,417.61

Note: Commercial Mortgage loans were not included for this section, only residential loans were used.

Residential Status for Cobble Hill Mortgages

The pie chart below shows the residential status of people living in Cobble Hill who have applied for a loan using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 20.0%
Own: 80.0%
Cobble Hill Residential Status Pie Chart

Marital Status for Cobble Hill Mortgages

The following information represents the marital status of applicants from Cobble Hill, British Columbia using the mortgage preapproval application found at the CanEquity web site. Approximately 100% of the mortgage applicants are living common-law or married, while only 0% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 100.0%
Cobble Hill Marital Status Pie Chart