Real Estate Market Report for
Denman Island, BC

Updated : Aug 2016
House
  • Median price $514,000
  • Monthly growth -2.46 %
  • Quarterly trend
  • Stock on market 0.85%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Denman Island Home Price

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Denman Island was Canada’s 401th most expensive suburb by listed median house price this month.

The $514,000 price tag on the median Denman Island home means that it is quite highly priced by Canadian standards.

Denman Island’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 2 bedrooms.

From our data, it appears that neighbourhood is number 815th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.

It’s never an exact art, but to try to forecast how property is going to appreciate in Denman Island for investors, it’s important to look at data like:

In Denman Island, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

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

Over the last three months in Denman Island, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
1 bedroom $432,000
2 bedrooms $449,000
3 bedrooms $598,000
Demographics
  • Population in 20116899
  • Population in 20066973
  • 2006 to 2011 population change (%)-1.1
  • Total private dwellings4001
  • Private dwellings occupied by usual residents3223
  • Population density per square kilometre14
  • Land area (square km)492.72
  • Age Characteristics
    Total population by age groups 6900
    0 to 4 years 210
    5 to 9 years 235
    10 to 14 years 270
    15 to 19 years 320
    15 years 55
    16 years 65
    17 years 70
    18 years 65
    19 years 65
    20 to 24 years 250
    25 to 29 years 215
    30 to 34 years 255
    35 to 39 years 295
    40 to 44 years 335
    45 to 49 years 545
    50 to 54 years 680
    55 to 59 years 805
    60 to 64 years 825
    65 to 69 years 620
    70 to 74 years 430
    75 to 79 years 320
    80 to 84 years 185
    85 years and over 110
    Median age of the population 53.9
    % of the population aged 15 and over 89.6
  • Marital Status
    Total population 15 years and over by marital status 6180
    Married or living with a common-law partner 4035
    Married (and not separated) 3205
    Living common-law 830
    Not married and not living with a common-law partner 2150
    Single (never legally married) 1170
    Separated 155
    Divorced 505
    Widowed 310
    Family Characteristics
    Total number of census families in private households 2230
    Size of census family: 2 persons 1570
    Size of census family: 3 persons 340
    Size of census family: 4 persons 245
    Size of census family: 5 or more persons 80
    Total number of census families in private households 2230
    Total couple families by family structure and number of children 1980
    Married couples 1565
    Without children at home 1105
    With children at home 465
    1 child 215
    2 children 190
    3 or more children 65
    Common-law couples 410
    Without children at home 300
    With children at home 110
    1 child 60
    2 children 40
    3 or more children 15
    Total lone-parent families by sex of parent and number of children 255
    Female parent 195
    1 child 120
    2 children 50
    3 or more children 20
    Male parent 60
    1 child 45
    2 children 15
    3 or more children 5
    Total children in census families in private households 1345
    Under six years of age 260
    6 to 14 years 445
    15 to 17 years 185
    18 to 24 years 300
    25 years and over 160
    Average number of children at home per census family 0.6
  • Household And Dwelling Characteristics
    Total number of persons in private households 6860
    Number of persons not in census families 1300
    Living with relatives 100
    Living with non-relatives only 290
    Living alone 915
    Number of census family persons 5560
    Average number of persons per census family 2.5
    Total number of persons 65 years and over in private households 1660
    Number of persons not in census families aged 65 years and over 440
    Living with relatives 35
    Living with non-relatives only 40
    Living alone 360
    Number of census family persons aged 65 years and over 1220
    Total number of private households by household type 3225
    Census-family households 2190
    One-family-only households 2045
    Couple-family households 1850
    Without children 1315
    With children 530
    Lone-parent-family households 195
    Other family households 145
    One-family households with persons not in a census family 100
    Couple-family households 70
    Without children 45
    With children 20
    Lone-parent-family households 35
    Two-or-more-family households 45
    Non-census-family households 1035
    One-person households 910
    Two-or-more-person households 120
    Total number of occupied private dwellings by structural type of dwelling 3225
    Single-detached house 2990
    Apartment, building that has five or more storeys 0
    Movable dwelling 120
    Other dwelling 110
    Semi-detached house 40
    Row house 15
    Apartment, duplex 30
    Apartment, building that has fewer than five storeys 15
    Other single-attached house 0
    Total number of private households by household size 3225
    1 person 910
    2 persons 1545
    3 persons 370
    4 persons 275
    5 persons 80
    6 or more persons 40
    Number of persons in private households 6860
    Average number of persons in private households 2.1
Census 2011

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