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DCost of living Grade
Property prices in Southern Gulf Islands · Census 2021 and Statistics Canada

Homes in Southern Gulf Islands are worth a median $600,000

The census of 2021 asked 2,695 owner households what their home was worth. Sales are published too: 230 buyers in 2023, at a median $700,000. For 2024, the median assessed value of a residential property is $714,000.

Median home value
$600K
owners’ estimate, census 2021
average $698K
Median sale price
$700K
CHSP, 2023
230 buyers
Median assessed value
$714K
all residential, 2024
Owner households
2,695
census 2021
86% of households
What homes are worth

Southern Gulf Islands’s homes, by three sources

Each source sits beside its own median for British Columbia’s towns; none compares across provinces, which value homes in their own ways. The values date from May 2021 and are what owners thought their homes were worth, not sale prices.

Census 2021$600K

median, owners’ estimate

Average
$698K
Owners
2,695
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$700K

median sale price

Average sale
$810K
÷ buyers’ income
4.9×
Buyers
230
British Columbia’s towns
$682K
Assessed, 2024$714K

all residential

British Columbia’s towns
$671K

Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).

By type of home

Southern Gulf Islands’s homes by type: detached houses lead, at 95%

Detached houses account for 95% of the 4,970 properties on Southern Gulf Islands’s 2024 roll.

Assessed value

Median assessment by type, 2024 the tick is the median of British Columbia’s towns

Detached houses$799K
Mobile homes$418K
Multi-unit properties$901K
The mix of properties
Detached houses95%
Mobile homes2%
Multi-unit properties2%
1,350 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)

Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of British Columbia’s towns with their own figure; assessments compare within a province only.

The homes

Single-detached houses are 95% of Southern Gulf Islands’s homes, against 62% for British Columbia’s towns

People lived in 3,180 homes in Southern Gulf Islands at the 2021 census. Half went up before 2001.

When they were built

Homes by period of construction the tick is the median of British Columbia’s towns

Before 196110%
1961–198032%
1981–200037%
2001–201516%
2016–20216%
What kind of home

Homes by kind

Single-detached houses95%
Semi-detached housesunder 1%
Row housesunder 1%
Flats in a duplex1%
Apartments, under 5 storeysunder 1%
Movable dwellings3%
Against the median town of the province and of Canada
Southern Gulf IslandsBritish ColumbiaCanada
Condominiumsunder 1%10%8%
Needing major repairs9%6%6%
Too small for the household5%4%3%
Households in core housing need9%10%7%

Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.

Across British Columbia

Southern Gulf Islands is 17% below the $720,000 median of British Columbia’s towns

254 of British Columbia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Home values around Southern Gulf Islands

Next to Southern Gulf Islands: 2021 census values and the share of owners.

Saltspring IslandNorth SaanichSidneySaltspring IslandNorth SaanichSidneySouthern Gulf Islands
Prices next door
TownMedian home valueAverageOwnerskm
Southern Gulf Islands$600K$698K86%
Saltspring Island$800K$952K81%17.3
North Saanich$1.2M$1.32M88%18.5
Sidney$750K$798K77%18.6

Census 2021 values; km.

Questions about property prices in Southern Gulf Islands

Is Southern Gulf Islands expensive for British Columbia?

Less than most: British Columbia’s towns have a median of $720,000, and Southern Gulf Islands sits below it.

How many households in Southern Gulf Islands are in core housing need?

Statistics Canada puts 9% of Southern Gulf Islands’s households in core housing need, much as for British Columbia’s towns (10%).

What is the average house price in Southern Gulf Islands?

An average of $810,000 in 2023, with the median sale at 4.9 times the buyer’s income.

Can I see individual sales or prices by street?

No. Sales are published as town figures (median, average, buyers); street-level or single sales aren’t released.

Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program. Under the Statistics Canada Open Licence.

Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).