Anzac, British Columbia Real Estate Market Data
Updated: Nov 2024
House
| Median price | $485,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 4.0% |
| Stock on market | 0.6% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $485,000 |
| 4 bedrooms | $590,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $345,000 |
| 3 bedrooms | $420,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,100 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Anzac, British Columbia, is currently experiencing steady growth. With a median house price of CA$485,000 and an annual appreciation rate of 4%, the housing sector indicates a healthy demand for residential properties. Similarly, apartments are becoming increasingly sought after, with the median apartment price standing at CA$295,000 and witnessing a rise of 2.5% year-over-year. Such consistent growth is likely supported by Anzac’s expanding population, which has grown by 3.3% recently, suggesting a robust and dynamic community that could be attracting new residents and investors alike.
Investment Opportunities and Potential
The investment potential in Anzac’s real estate market is evident from the steady price increases in both houses and apartments. The solid year-over-year growth rates suggest that investments made in the current market have a promising chance for capital appreciation. Moreover, the ongoing population growth points to sustained demand for housing in the future. Investors should consider both residential and rental property investments, as the influx of new residents may translate into a higher demand for rental accommodations, potentially leading to an increase in rental yields over time.
Future Market Outlook
Looking ahead, Anzac’s real estate market appears poised for continued growth. The combination of positive population trends and consistent property value appreciation indicates a resilient market likely to attract further investment. If current trends persist, investors can expect ongoing opportunities for capital gains. However, it is essential to monitor local economic conditions and development plans closely as they can significantly impact future market dynamics.
