2545 Palmerston Ave, West Vancouver, BC, MLS^® R3036928

Welcome to 2545 Palmerston Avenue, West Vancouver, BC, a stunning property listed as MLS^® R3036928

As we walk through the beautiful neighborhood surrounding this home, you'll notice the excellent schools, low crime rates, and a strong sense of community. Let's start with the education system, which is a top priority for families.

Top-Rated Schools in the Area

The closest Elementary independent school to this home is Collingwood School, located just 0.69 km away. Collingwood School has a rating of No Rating, but it's clear that families in this area value education highly. For Secondary education, Collingwood School is again the closest option, with the same rating and distance.

Safe and Secure Neighborhood

According to the latest crime data from Statistics Canada (2020), this neighborhood has a Low crime rate of 4,969.41 incidents per 100,000 population. Compared to other Canadian cities, this is a notable achievement. In fact, the year-by-year change in the total crime rate is a significant -10.40%. This means that the neighborhood is becoming increasingly safer over time.

Low Rates of Property Crime

The rates of property crimes in the area are Average, with a rating of 3,165.63 incidents per 100,000 population. There were 1,490 property crimes in the neighborhood in 2020, with a year-by-year change of -19.65%. This suggests that the area is experiencing a decrease in property-related crimes.

A Community That Values Education

The demographics of this neighborhood are truly impressive. With 48.6% of the population holding a university certificate or degree, this area is a hub of intellectual curiosity and achievement. In contrast, only 9.4% of the population has no certificate or degree, which is significantly lower than the average in BC.

A Thriving Economy

The median household income in this neighborhood is $92,928, which is Above Average compared to the British Columbia average. The median personal income is $35,968, which is Average in comparison. The Unemployment rate in the area is a low 5.2%, which is a testament to the strength of the local economy.

A Community in Flux

The population change between 2011 and 2016 was -1.3%, which is Below Average compared to the average growth rate of the region. However, this may indicate a shift towards more established, long-term residents who value the area's stability.

Transportation Options

The closest Bus station is Westbound Queens Ave @ 2500 Block, located just 0.12 km away from this home. The neighborhood is also well-connected to major highways, making it easy to commute to nearby cities.

A Community That Loves to Explore

With an Average population density per square kilometre of 496 people, this neighborhood offers a great balance of community spirit and personal space. The average size of families in the area is 2.9 people, which is Average compared to the whole region. However, 64.5% of families in the area have children, which is Above Average.

A Community That Values Age and Experience

The average age of the population in this area is 44.4 years, which is Above Average compared to other BC cities. This suggests that the neighborhood is attracting a more mature, established population.

Real Estate Insights

The average value of dwellings in this neighborhood is a staggering $3,192,847, which is High compared to other areas in British Columbia. The average owner payments are also High, with owners spending $2,892 on average for their dwellings. In contrast, tenants are paying $2,362 in this district, which is also High.

A Community That Values Homeownership

Only 15.2% of the population in this district are renters, which is Below Average compared to other BC cities and areas. This suggests that the neighborhood is primarily made up of homeowners who value their property and the community.

Language and Culture

The neighborhood is predominantly English-speaking, with 83.4% of the population speaking only English. However, 9.3% of the population speaks both English and French, which is Above Average. In contrast, only 0.1% of the population speaks French only, which is Low.

Getting Around

The majority of the population in this area (84.2%) uses cars to get around, which is Average compared to other neighborhoods. However, 1.7% of the population uses bicycles, which is Above Average. Only 2.9% of the population walks, which is Below Average.

In Conclusion

2545 Palmerston Avenue, West Vancouver, BC, listed as MLS^® R3036928, is a stunning property that offers a unique blend of safety, education, and community spirit. Whether you're