Anzac, British Columbia Real Estate Market Data
Updated: Nov 2024
House
| Median price | $495,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 3.2% |
| Stock on market | 0.9% |
Apartment
| Median price | $295,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.3% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $495,000 |
| 4 bedrooms | $580,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $240,000 |
| 2 bedrooms | $330,000 |
| 3 bedrooms | $420,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,500 |
| Population Change | 3.4% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends in Anzac, British Columbia
The real estate market in Anzac, British Columbia is currently experiencing a moderate level of growth. The median house price stands at $495,000, which represents a 3.2% increase from the previous year. This steady upward trend indicates a healthy demand for housing in the area, likely spurred by the region’s population growth.
In contrast, the apartment sector is showing a slightly lower growth rate. The median apartment price has reached $295,000, with a year-over-year increase of 2.3%. Although this growth is less pronounced than that of detached houses, it still points to an overall positive trajectory in the Anzac real estate market.
With a population of 15,000 that has grown by 3.4%, Anzac’s real estate market is benefiting from increased demand as more individuals and families settle in the area. This demographic expansion supports a robust and dynamic housing market with continuous investment interest.
Investment Opportunities and Potential in Anzac, British Columbia
The current trends in Anzac’s real estate market present various investment opportunities. Given that house prices are growing at a higher rate than apartment prices, investing in detached homes could potentially yield higher returns in terms of capital appreciation.
Furthermore, the sustained population growth suggests that there will be an ongoing need for housing, which may lead to further price increases and rental demand. Investors looking to enter the rental market could find apartments an attractive option due to the lower entry price point coupled with the potential for consistent rental income.
The relatively affordable median prices compared to larger urban centers make Anzac an enticing location for both seasoned investors seeking diversification and first-time buyers looking for long-term value appreciation.
Future Market Outlook for Anzac, British Columbia
The future outlook for the Anzac real estate market remains optimistic based on current indicators. The consistent population growth is expected to maintain demand for both houses and apartments. If these demographic trends continue alongside economic stability, it is likely that both segments of the market will see sustained growth.
The year-over-year increases in property values reflect confidence in Anzac’s market and suggest that investments made today could appreciate over time. While external factors such as interest rates and broader economic conditions can impact future performance, current local trends provide a solid foundation for positive expectations.
In summary, with strategic investment decisions based on thorough research and consideration of long-term trends, stakeholders can look forward to potential gains within the Anzac real estate landscape.
