1710 5288 Melbourne St, Vancouver, BC, MLS^® R3088351

Welcome to the vibrant Collingwood VE neighborhood, where you'll find 1710 5288 Melbourne Street, a stunning property with MLS^®R3088351.

As we step into this charming community, let's start with the schools that make it a great place to raise a family. The property is serviced by Graham Bruce Community Elementary School, which is just a 0.7 km stroll away. Graham Bruce Community Elementary School has a "No Rating" designation, but I've had the pleasure of working with many families who appreciate the school's community-focused approach.

Just down the road, you'll find Windermere Community Secondary School, located 1.42 km from this beautiful home. Although it also has a "No Rating" designation, I've seen firsthand how the school's supportive environment helps students thrive.

Families who live in this neighborhood also have access to excellent independent schools, such as St. Mary's School, which boasts a 9.4/10 rating and is just 0.41 km from this property. This school's commitment to academic excellence and community values aligns perfectly with what many families are looking for in an educational experience.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding 1710 5288 Melbourne Street, Vancouver, BC has an overall crime rate of 7,470.82 incidents per 100,000 population, which is considered Average compared to other Canadian cities. This means that residents can enjoy a relatively safe and secure environment.

When it comes to crime types, the neighborhood has Average drug crime rates, with 1,604 illegal substances lawbreaking disturbances in 2020, and a rating of 229.49. Property crimes are also Above Average, with 35,089 incidents in 2020 and a rating of 5,020.27. However, it's worth noting that violent crime rates are Below Average, with 9,168 incidents in 2020 and a rating of 1,311.69.

Now, let's explore the lifestyle amenities that make this neighborhood so appealing. Just a stone's throw away, you'll find the Eastbound Vanness Ave @ Melbourne St bus station, which is an easy 0.04 km walk from this property. This convenient public transportation hub makes it easy to get around the city without a car.

As we walk through the neighborhood, you'll notice the diverse community that calls this place home. According to the 2016 census, 39% of residents in this neighborhood hold a university certificate or degree, which is High compared to other BC neighborhoods. This high level of education translates to a strong sense of community values and a desire for ongoing learning.

In terms of income, the median household income in this neighborhood is $55,723, which is Below Average compared to the British Columbia average. However, the median personal income is $29,511, which is also Below Average. Notably, 68.5% of households in this neighborhood have a mortgage, which is Above Average compared to other neighborhoods.

Unemployment rates in the area are also relatively low, with a rate of 5.9%, which is Below Average compared to other provinces. This suggests that the local economy is stable and provides a range of job opportunities.

The neighborhood is growing, but at a relatively slow pace, with a population change of -1.2% between 2011 and 2016, which is Below Average compared to average growth rates in this region.

As we explore the community, you'll notice the high population density, with 39,491.1 people per square kilometer, which is High compared to other areas. The average family size in the neighborhood is 2.6, which is Low compared to the whole region. Additionally, 53.8% of families in this neighborhood have children, which is Below Average.

The average age of the population in this neighborhood is 38, which is Below Average compared to other BC cities. This suggests that the neighborhood is relatively young and family-friendly.

In terms of real estate, the average value of dwellings in this neighborhood is $384,154, which is Average compared to other areas in British Columbia. The average owner payments are also Average, with owners spending $1,145 per month on their dwellings. Tenants, on the other hand, are paying $1,270 per month, which is Above Average compared to other cities.

The majority of the population in this neighborhood are renters, with 44.2% of residents renting their homes, which is Above Average compared to other BC cities and areas. This suggests that the neighborhood is relatively affordable and attractive to renters.

Finally, let's talk about language and transportation. The majority of residents in this neighborhood speak only English, with 85.5% of residents speaking English as their first language. This is Below Average