Anzac, Alberta Real Estate Market Data
Updated: Nov 2024
House
| Median price | $500,000 |
| Monthly growth | 1.2% |
| Quarterly trend | 3.5% |
| Stock on market | 0.8% |
Apartment
| Median price | $300,000 |
| Monthly growth | 0.9% |
| Quarterly trend | 2.1% |
| Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $400,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $600,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $250,000 |
| 2 bedrooms | $350,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,000 |
| Population Change | 7.1% |
| Total Private Dwellings | 6,000 |
| Occupied Private Dwellings | 5,500 |
| Population Density (per km²) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Anzac, Alberta, is currently experiencing steady growth. With a median house price of $500,000 and an annual appreciation rate of 3.5%, the housing market is showing resilience and stability. Similarly, apartments in the region are also seeing a healthy growth pattern with a median price of $300,000 and an appreciation rate of 2.1% year-over-year.
The population of Anzac stands at 15,000 and has seen a significant increase of 7.1%. This demographic expansion suggests a growing demand for housing, which could further fuel the real estate market’s upward trajectory. Moreover, the current trends indicate that the real estate market in Anzac is balanced with a stable supply meeting the rising demand effectively.
Investment Opportunities and Potential
Given the steady price appreciation and population growth, Anzac presents several investment opportunities for both residential and rental markets. The consistent growth in property values indicates that investments in the region are likely to benefit from capital gains over time. Furthermore, as the population continues to grow, there will be ongoing demand for rental properties, which could provide investors with a sustainable income stream.
With median prices at accessible levels compared to larger urban centers, Anzac offers investment opportunities with potentially lower barriers to entry. This factor could attract first-time investors or those looking to diversify their portfolios into emerging markets with growth potential.
Future Market Outlook
The future outlook for Anzac’s real estate market remains positive. The continued population growth at a rate of 7.1% is expected to maintain pressure on housing demands, potentially leading to further price increases and investment returns in both the residential and rental sectors.
However, it’s important for investors to monitor economic factors that can influence housing markets such as employment rates, interest rates, and regional economic development initiatives. Keeping an eye on these factors will be crucial in making informed investment decisions in Anzac’s promising yet evolving market landscape.
