When looking across the province, Malahat is the 68th most expensive in British Columbia.
With Malahat’s median house price at $649,500 in Aug , it is high priced compared to the rest of British Columbia.
Investors looking for properties in Malahat are most likely to find 2 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
British Columbia has the third most amount of properties available to property investors, with Malahat having 172th most in the province, out of a total of 359.
It’s never an exact art, but to try to forecast how property is going to appreciate in Malahat for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Malahat there is more stock than three months ago. This would indicate pressure on prices easing.
As one of British Columbia’s many potential real estate investment neighbourhoods, Malahat needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
In Malahat, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.