Gonzales, Victoria - Real Estate | Market Report 2026

Gonzales occupies Oak Bay's southeastern waterfront corner—a prestigious enclave where oceanfront estates command Victoria's highest residential prices averaging $3.09M (2024 data, range $1.77M-$6.8M), with current median listings at $3.5M (range $1.4M-$6.5M across 11 active properties). Properties here average 36 days on market despite premium pricing, sustained by unmatched south-facing ocean exposure along King George Terrace and Beach Drive featuring panoramic Strait of Juan de Fuca, Olympic Mountain, and Trial Islands views. The neighbourhood borders Gonzales Beach (Victoria's hidden sandy gem), Harling Point's rocky shoreline, and extends inland to Gonzales Hill's elevated properties—housing stock spans heritage waterfront mansions (1900s-1930s) to modern luxury rebuilds on generous lots, attracting executives, entrepreneurs, and affluent retirees seeking Victoria's most exclusive coastal address where genuine neighbourhood cohesion (kids leave toys at Quimper Park for others) coexists with multi-million-dollar valuations.

Number Of Active Listings
19
Benchmark Single Family home Price (Q4 - 2025)
$1,999,000