Best Neighbourhoods in Victoria (2024)

Like many other regions across the country, liveability is important to homebuyers in Victoria. Victoria offers clean air, oceanfront vistas, pristine parks, year-round golf, cycling and running – all of which are appealing to homebuyers, many of whom that are willing to spend more to enjoy the benefits and quality of life the region offers. Royal Bay is among the best neighbourhoods in Victoria right now, with homebuyers drawn to the region’s master-planned community of new or newer homes consisting of detached homes with suites, townhomes and condos. In addition, there is convenient access to the beach fronts as well as new retail sites with amenities such as shops, banks and cafes. Homebuyer demand in Victoria is primarily being driven by suburban families/move-up buyers, first-time homebuyers, and retirees. 

We asked RE/MAX brokers and agents to weigh in on their market, and help identify some trends and the best neighbourhoods in Victoria. Here’s what they said.

Top concerns for homebuyers in Victoria are: 

1. Affordability
2. Secondary income
3. Crime rate

Top 3 liveability qualities buyers seek in Victoria are: 

1. Affordability 
2. Accessibility  
3. Green space 

Best Neighbourhoods in Victoria

Top 3 most affordable neighbourhoods:

1. Sooke 
2. Langford 
3. Colwood 

Top 3 up-and-coming neighbourhoods:

• Fernwood 
• Royal Bay 
• Vic West 

Top 3 most luxurious neighbourhoods:

• Oak Bay 
• Uplands 
• Bear Mountain 

Advice to homebuyers 

“Homebuyers should check their requirements and needs and consider the location of the home and any future plans which could involve the home,” says Tony Joe of RE/MAX Island Properties, based in Victoria. Tony also recommends that buyers visit different neighbourhoods, and talk to people who live there. Finally, look for amenities and evaluate the walkability, diversity and accessibility of the region. “A broker can help.”