Property Prices in Victoria, Canada

Index Info
Price to Income Ratio: 12.43
Mortgage as Percentage of Income: 111.41%
Loan Affordability Index: 0.90
Price to Rent Ratio - City Centre: 19.43
Price to Rent Ratio - Outside of Centre: 21.18
Gross Rental Yield (City Centre): 5.15%
Gross Rental Yield (Outside of Centre): 4.72%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,134.68 C$ 1,900.00-2,600.00
Apartment (1 bedroom) Outside of Centre 1,859.00 C$ 1,600.00-2,499.00
Apartment (3 bedrooms) in City Centre 3,677.27 C$ 3,000.00-4,850.00
Apartment (3 bedrooms) Outside of Centre 3,295.61 C$ 2,800.00-4,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 824.66 C$ 600.00-999.99
Price per Square Feet to Buy Apartment Outside of Centre 792.65 C$ 500.00-1,116.41
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,502.28 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.53 4.50-6.90

These data are based on 224 entries in the past 18 months from 39 different contributors.
Last update: March 2025

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far