Donald, British Columbia Real Estate Market Data
Updated: Nov 2024
House
| Median price | $525,000 |
| Monthly growth | 1.3% |
| Quarterly trend | 4.0% |
| Stock on market | 0.6% |
Apartment
| Median price | $315,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $450,000 |
| 3 bedrooms | $525,000 |
| 4 bedrooms | $650,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $460,000 |
Demographics
| Current Population (2025) | 15,200 |
| Previous Population (2020) | 14,500 |
| Population Change | 4.8% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
1. Current Market Conditions and Trends
The real estate market in Donald, British Columbia is currently experiencing steady growth. The median house price stands at CAD $525,000, reflecting a year-over-year increase of 4%. In contrast, the median apartment price is noted to be CAD $315,000, which has seen a slightly lower growth rate of 2.5% over the same period. These figures suggest that the market is appreciating at a healthy pace.
Donald’s population has reached 15,200 residents with a growth rate of 4.8%, indicating positive demographic trends that could bolster housing demand. The consistent population increase is an important factor contributing to the sustained demand for housing in the area.
2. Investment Opportunities and Potential
With both property types showing an upward trend in prices, Donald represents potential for solid investment opportunities. The higher growth rate in house prices suggests that detached homes may offer better capital gains for investors over the medium to long term. However, apartments with a lower entry price point provide opportunities for investors seeking more affordable options or looking to capitalize on rental markets catering to smaller households or professionals.
The robust population growth also signals a potentially growing rental market that could benefit investors interested in generating passive income through property leasing. As the community expands and attracts more residents, the need for diverse housing options will likely increase, providing various investment avenues within the real estate sector.
3. Future Market Outlook
The future outlook for Donald’s real estate market remains optimistic given current trends. Continued population growth will likely sustain demand for housing across various sectors of the market. If current trends persist, we can expect gradual but steady appreciation in property values which bodes well for both short-term and long-term investments.
One consideration for stakeholders is monitoring economic drivers within Donald and surrounding areas that could influence future real estate dynamics—such as employment rates, infrastructure development projects, and regional policies affecting housing markets. Vigilance in these areas can help predict shifts in demand and supply that might affect future property valuations.
In conclusion, Donald’s real estate market currently presents a promising landscape for investors due to its steady growth in property values and strong population increases. While careful observation of external factors is recommended, the present data indicates a favorable outlook for those considering entering or expanding their portfolio within this market.
