1902 5288 Melbourne St, Vancouver, BC, MLS^® R3075353

Welcome to this vibrant neighborhood in the heart of Vancouver, BC, where the charm of 1902 5288 Melbourne Street awaits you. With its prime location, this property is a haven for those seeking a perfect blend of comfort, convenience, and community spirit.

Let's start with the local schools that make this area an attractive choice for families. The property is serviced by Graham Bruce Community Elementary School, a highly-rated institution that is just a 0.7 km stroll away. With its No Rating, this school is a testament to the community's commitment to providing quality education. Additionally, Windermere Community Secondary School is also nearby, located 1.43 km from the property, offering a complete educational experience for students from elementary to secondary levels.

For those seeking an independent school experience, St. Mary's School is the closest Elementary school with a rating of 9.4/10, situated just 0.42 km from this home for sale. Vancouver Formosa Academy is the closest Secondary independent school, located 1.34 km from the property, offering a unique learning environment.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding MLS^® R3075353 has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. The rate of 52,217 volation disturbances in this neighborhood is also noteworthy. When it comes to specific types of crime, the neighborhood has an Average drug crime rate, with a rating of 229.49, and 1,604 illegal substances lawbreaking disturbances in 2020. The property misconduct rate, which is Above Average, stands at 5,020.27, with 35,089 incidents reported in 2020.

On the other hand, the violent crime rate in this neighborhood is Below Average, with 9,168 violent lawbreaking disorders reported in 2020, and a rate of 1,311.69. Year by year change in the violent crime rate is 3.53%.

Getting around is easy in this neighborhood, with the Eastbound Vanness Ave @ Melbourne St bus station just 0.03 km away from this listing with MLS^® R3075353.

Now, let's take a closer look at the demographics of this neighborhood. According to the latest census data, 39% of the population in this area has a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 11.8% of the population has no certificate or degree, which is Low compared to the average in BC.

Economically, the neighborhood is characterized by a median household income of $57,723, which is Below Average compared to the British Columbia average. The median personal income is $29,511, also Below Average compared to the BC average. However, 68.5% of households in this neighborhood have a mortgage, which is Above Average.

Unemployment rates in this area are also noteworthy, with a rate of 5.9%, which is Below Average compared to other province neighborhoods.

This neighborhood has seen a population change of -1.2% between 2011 and 2016, which is Below Average compared to the average growth rate of this region. The population density per square kilometre is 39,491.1, which is High.

When it comes to family dynamics, the average size of families in this area is 2.6, which is Low compared to the whole region. 53.8% of families in the area have children, which is Below Average. 48.8% of the population is married or living common law, which is Low.

Demographically, the average age of the population in this area is 38, which is Below Average compared to other BC cities.

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. Average owner payments are Average in this area, with owners spending $1,145 on average for their dwellings. Tenants, on the other hand, are paying $1,270, which is Above Average compared to other cities.

44.2% of the population in this area are renters, which is Above Average compared to other BC cities and areas. When it comes to language, 4.5% of the population speaks both English and French, which is Below Average. 85.5% of the population speaks only English, which is Below Average. 0.1% of the population speaks only French, which is Below Average. 9.9% of the population speaks neither English nor French, which is High.

Transportation-wise, 52.1% of the population in this area uses public transport, which is High. 43.8% of the population uses cars, which is Low