Ucluelet was Canada’s 1471th most expensive suburb by listed median house price this month.
While the median for British Columbia is $519,000 , which means that Ucluelet’s median price is $299,000 better than average than the rest of the province.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
From our data, it appears that neighbourhood is number 547th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
Is Ucluelet a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.