Braemar Heights

Neighbourhood in Colwood · British Columbia · Population 4,082

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Approximate boundaries

Colwood doesn't publish neighbourhood boundaries, so AreaScore draws from the Census areas nearest where the name is placed by Natural Resources Canada, Wikidata, OpenStreetMap or AreaScore's own research. The outline follows Census lines and may not match how residents draw it. Figures marked city-wide are for all of Colwood.

Housing and jobs

Housing costs, rents, incomes and jobs in Braemar Heights, with comparisons and sources.

Affordability

32 · Below average

Average monthly rent$1,802/month

Colwood: $1,514/month · Canada: $1,209/month · 2006: $742/month (estimated) · 2016: $1,065/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,349/month

City-wide figure for Colwood · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,624/month

City-wide figure for Colwood · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,121/month

City-wide figure for Colwood · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,742/month

City-wide figure for Colwood · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.3.1%

City-wide figure for Colwood · CMHC, 2025

Median dwelling value (owner-estimated)$869,531

Colwood: $800,000 · Canada: $472,000 · Estimated · 2016: $602,582 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing14.4%

Colwood: 18.8% · Canada: 20.9% · 2006: 20.5% (estimated) · 2016: 17.6% (estimated) · Statistics Canada, 2021

Economy

92 · Excellent

Median household income$114,808

Colwood: $102,000 · Canada: $84,000 · Estimated · 2006: $99,673 (estimated) · 2016: $103,479 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)12.5%

Canada: 5.2% · City-wide figure for Colwood · Statistics Canada, 2021

Unemployment rate5.1%

Colwood: 5.1% · Canada: 10.3% · 2006: 2.6% (estimated) · 2016: 4.2% (estimated) · Statistics Canada, 2021