Real Estate Market Report for
Thetis Island, BC

Updated : Aug 2016
House
  • Median price $561,950
  • Monthly growth 7.05 %
  • Quarterly trend
  • Stock on market 1.06%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Thetis Island Home Price

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Thetis Island was Canada’s 306th most expensive suburb by listed median house price this month.

While the median for British Columbia is $519,000 , which means that Thetis Island’s median price is $561,950 considerably better than the rest of the province.

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

From our data, it appears that neighbourhood is number 1631th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.

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

Over the last three months in Thetis Island, housing stock available seems to be falling – this could mean that homes values might increase faster.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

Is Thetis Island a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Thetis Island 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)
2 bedrooms $212,500
3 bedrooms $599,000
4 bedrooms $582,450
Demographics
  • Population in 20112221
  • Population in 20062249
  • 2006 to 2011 population change (%)-1.2
  • Total private dwellings1318
  • Private dwellings occupied by usual residents993
  • Population density per square kilometre7.5
  • Land area (square km)294.69
  • Age Characteristics
    Total population by age groups 2220
    0 to 4 years 50
    5 to 9 years 65
    10 to 14 years 80
    15 to 19 years 120
    15 years 20
    16 years 20
    17 years 35
    18 years 20
    19 years 25
    20 to 24 years 75
    25 to 29 years 80
    30 to 34 years 55
    35 to 39 years 70
    40 to 44 years 85
    45 to 49 years 180
    50 to 54 years 235
    55 to 59 years 270
    60 to 64 years 275
    65 to 69 years 210
    70 to 74 years 135
    75 to 79 years 95
    80 to 84 years 65
    85 years and over 70
    Median age of the population 55.2
    % of the population aged 15 and over 91.2
  • Marital Status
    Total population 15 years and over by marital status 2030
    Married or living with a common-law partner 1360
    Married (and not separated) 1150
    Living common-law 210
    Not married and not living with a common-law partner 665
    Single (never legally married) 370
    Separated 65
    Divorced 115
    Widowed 115
    Family Characteristics
    Total number of census families in private households 730
    Size of census family: 2 persons 500
    Size of census family: 3 persons 120
    Size of census family: 4 persons 85
    Size of census family: 5 or more persons 25
    Total number of census families in private households 735
    Total couple families by family structure and number of children 670
    Married couples 565
    Without children at home 385
    With children at home 185
    1 child 80
    2 children 75
    3 or more children 25
    Common-law couples 105
    Without children at home 75
    With children at home 30
    1 child 15
    2 children 10
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 60
    Female parent 35
    1 child 30
    2 children 10
    3 or more children 0
    Male parent 25
    1 child 15
    2 children 10
    3 or more children 5
    Total children in census families in private households 440
    Under six years of age 60
    6 to 14 years 130
    15 to 17 years 70
    18 to 24 years 110
    25 years and over 70
    Average number of children at home per census family 0.6
  • Household And Dwelling Characteristics
    Total number of persons in private households 2200
    Number of persons not in census families 355
    Living with relatives 35
    Living with non-relatives only 75
    Living alone 245
    Number of census family persons 1845
    Average number of persons per census family 2.5
    Total number of persons 65 years and over in private households 575
    Number of persons not in census families aged 65 years and over 120
    Living with relatives 15
    Living with non-relatives only 15
    Living alone 95
    Number of census family persons aged 65 years and over 455
    Total number of private households by household type 995
    Census-family households 720
    One-family-only households 660
    Couple-family households 625
    Without children 430
    With children 190
    Lone-parent-family households 40
    Other family households 60
    One-family households with persons not in a census family 50
    Couple-family households 35
    Without children 20
    With children 15
    Lone-parent-family households 20
    Two-or-more-family households 15
    Non-census-family households 275
    One-person households 245
    Two-or-more-person households 25
    Total number of occupied private dwellings by structural type of dwelling 995
    Single-detached house 915
    Apartment, building that has five or more storeys 0
    Movable dwelling 60
    Other dwelling 15
    Semi-detached house 5
    Row house 5
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 0
    Total number of private households by household size 995
    1 person 245
    2 persons 480
    3 persons 125
    4 persons 100
    5 persons 30
    6 or more persons 10
    Number of persons in private households 2205
    Average number of persons in private households 2.2
Census 2011

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