- Crime Rate: 30.58 crimes per 1,000 people
- Average cost of rent for 1-bedroom apartment: $2,850
- Average cost of buying a property: $2,149,000
Oak Bay, nestled on the southern tip of Vancouver Island and bordered by the Pacific Ocean, offers a picturesque suburban community renowned for its natural beauty and heritage charm. With multiple recreational parks, tree-lined streets, and historic landmarks, Oak Bay provides residents with a serene and idyllic lifestyle.
As of 2021, Oak Bay boasts several unique characteristics. Notably, it lacks gas stations but boasts over 20 restaurants and cafés, with Oak Bay Village considered the oldest and most captivating part of Greater Victoria. The community thrives with vibrant social groups and organizations, fostering a strong sense of connection and purpose among residents.
Safety is a priority in Oak Bay, with a low crime rate of 30.58 crimes per 1,000 people, contributing to a high quality of life for locals. Residents can enjoy a variety of amenities, including parks, playgrounds, sports facilities, beaches, and golf courses, all maintained by Oak Bay Parks, Recreation, and Culture. Whether strolling along the waterfront or indulging in outdoor activities, Oak Bay offers a welcoming environment for all to enjoy year-round. In terms of housing and rental fees, as of November 2023, the average cost of buying a property is $2,149,000, and a 1-bed apartment rent is $2,850.
District of Oak Bay (Apr 2024), Statistics Canada (2022), Zumper (Dec 2023) & Redfin (Dec 2023)