Oak Bay house prices

Data as of 2021 · by the Real Estate Price Map data team · methodology & sources

Oak Bay is a premium-priced area.

Vs typical+580%Premium

Rental yield1.1%Low yield

Real Estate Price Map scores, derived from the data on this page · how we calculate them

Median dwelling value

C$1,400,000

2021 Census

Rank in Canada

#11

of 3720

Population 2021

17k

Median household income

C$107,000

13.1× price-to-income

Median rent

C$1,300/mo

1.1% gross yield

Market read

At C$1,400,000, Oak Bay is 580% above the typical Canadian municipality (C$206,000), ranking #11 of 3720.

See its wider region on the census-division page →.

🗺️ Canada map 📍 Open in Google Maps 🗂️ Census division 🏘️ All municipalities

Frequently asked questions

What is the average house price in Oak Bay?

The median dwelling in Oak Bay is valued at C$1,400,000 (2021 Census) — 580% above the typical Canadian municipality (C$206,000).

Is Oak Bay affordable?

With a median household income of C$107,000, homes cost about 13.1× income.

What is the rental yield in Oak Bay?

Median rent is C$1,300/mo, about a 1.1% gross yield.