5941 129b St, Surrey, BC, MLS^® R3061713

Welcome to 5941 129b Street, a beautiful home nestled in the heart of Surrey, British Columbia. As a seasoned realtor with extensive knowledge of this lovely community, I'm excited to share with you the details that make this property a truly special find.

Education

Located in the Panorama Ridge area, this home is serviced by Panorama Park Elementary School, rated 4.8/10, just a short 0.47 km away. As a parent, you'll appreciate the school's dedication to providing a nurturing environment for your child's growth and development. Moreover, Panorama Ridge Secondary School, with its No Rating, is also within a 1 km radius, ensuring that your child has access to quality education from elementary to secondary school.

If you're looking for an independent school option, St. Bernadette, with its impressive 8.5/10 rating, is just 1.24 km away. This school is known for its commitment to fostering a love of learning in a supportive and inclusive environment. Alternatively, Regent Christian Academy, with its 8.1/10 rating, is 4.54 km away, offering a unique blend of academic excellence and Christian values.

Safety

As a homeowner, you'll want to know that your community is a safe and welcoming place to live. According to the latest statistics from Statistics Canada (2020), this neighbourhood has an overall crime rate of 7,512.73, which is Average compared to other Canadian cities. In fact, the year-by-year change in the total crime rate is a positive -12.05%, indicating a decrease in crime over the past few years.

While the drug crime rate is Above Average, with a rating of 390.7, the community is still considered a safe place to live. The illegal substances offences rating is 2,339, which is a relatively low number. Furthermore, the year-by-year change in the illegal substances offences ranking is a modest 16.32%.

Demographics

This neighbourhood is known for its diverse and vibrant community. With 21.4% of the population holding a university certificate or degree, this neighbourhood is Average compared to other BC neighbourhoods. However, 21.8% of the population has no certificate or degree, which is Above Average compared to the average in BC.

In terms of income, the median household income is $89,242, which is Above Average compared to the British Columbia average. The median personal income is $26,492, which is Low compared to the BC average. Interestingly, 74.7% of households in this neighbourhood have a mortgage, which is High compared to other areas.

Transit

Convenience is key, and this neighbourhood has plenty of it. The closest Bus station is Northbound 128 St @ 60 Ave, just 0.34 km away from this listing with MLS^® R3061713. Whether you're commuting to work or school, public transportation is easily accessible.

Lifestyle Amenities

This neighbourhood is a haven for outdoor enthusiasts, with numerous parks, trails, and beaches nearby. Panorama Ridge is a beautiful community with plenty of opportunities for recreation and leisure. Shopping malls, grocery stores, restaurants, and coffee shops are all within easy reach, making this a convenient and enjoyable place to live.

Real Estate Context

The average dwelling value in this neighbourhood is $907,061, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending $1,934 on average for their dwellings. Tenants, on the other hand, pay an average of $1,043 per month, which is Average compared to other cities.

In terms of ownership, 27.4% of the population in this neighbourhood are renters, which is Average compared to other BC cities and areas. The most common mode of transportation is by car, with 87.7% of the population using cars to get around. However, 10.4% of the population uses public transportation, which is Average.

Language

Interestingly, the most common language spoken in this neighbourhood is English, with 87% of the population speaking only English. French is spoken by 3.7% of the population, which is Low compared to other areas. Neither English nor French is spoken by 9.3% of the population, which is High compared to other BC cities.

Unemployment

The unemployment rate in this area is 7.5%, which is Average compared to other province neighbourhoods.

Population Growth

This neighbourhood has experienced significant population growth between 2011 and 2016, with a 24.2% increase. This is High compared to average growth rates in this region.

Average Family Size

The average family size in this area is 3.2, which is High compared to the whole region. 77.2%