At a glance

Royal Oak is a large, mixed Saanich suburb of houses and townhouses near Elk Lake, with sports facilities and convenient highway access. About 51% of homes are detached and 5% are apartments, 26% of households rent, and owners valued the median home at about $924K in the 2021 census.

Median home value (est.): $1.03M^*
Residents: 12,120
Households renting: 26%
Homes that are apartments: 5%

What the numbers mean

Owners valued the median home at $924K in the 2021 census. Indexed to September 2026 prices with the Victoria MLS® Home Price Index (+11% since then), that is about $1.03M, close to the Victoria median of $987K. It is an estimate: the index tracks the whole region, not this neighbourhood.
26% of households rent, well below the 39% city-wide.
16% of residents are under 15, versus 13% city-wide. Expect busy schools, parks and playgrounds.
51% of homes are single-detached houses, versus 37% city-wide.

Who lives here

Share of residents by age, scaled estimate for mid-2025, up from 11,168 at the 2021 census.

0-1416%

15-196%

20-245%

25-3411%

35-4414%

45-5414%

55-6415%

65+18%

Homes

Share of homes by type, scaled estimate for mid-2025, up from 11,168 at the 2021 census.

Single-detached51%

Semi-detached2%

Row house10%

Duplex flat31%

Apartment under 5 storeys5%

Apartment 5+ storeys0%

Upfront closing costs¹

BC charges a tiered property transfer tax: 1% on the first $200,000, 2% to $2 million, then 3%, and 5% above $3 million. Government fees at the median home price: This uses the census home value indexed to September 2026 prices, so treat it as an estimate.

BC property transfer tax: $18,520

How it's changing

These municipalities don't publish building permits by neighbourhood, so we can't chart construction here yet.

Safety

Neighbourhood-level crime figures aren't available for Saanich. Policing there is by the RCMP or a municipal police department, and neither publishes open crime counts by neighbourhood. Check Statistics Canada's crime tables for municipality-wide trends, and the local police website for crime maps. Why this is missing.

Royal Oak