Property Prices in Victoria, Canada

Index Info
Price to Income Ratio: 5.78
Mortgage as Percentange of Income: 37.87%
Loan Affordability Index: 2.64
Price to Rent Ratio - City Centre: 17.55
Price to Rent Ratio - Outside of Centre: 14.11
Gross Rental Yield (City Centre): 5.70%
Gross Rental Yield (Outside of Centre): 7.09%
Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 1,123.50 C$ 950.00-1,300.00
Apartment (1 bedroom) Outside of Centre 911.12 C$ 800.00-1,050.00
Apartment (3 bedrooms) in City Centre 1,963.89 C$ 1,800.00-2,200.00
Apartment (3 bedrooms) Outside of Centre 1,589.41 C$ 1,300.00-1,800.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 394.50 C$ 325.16-464.51
Price per Square Feet to Buy Apartment Outside of Centre 256.93 C$ 200.00-309.64
Salaries And Financing [ Edit ] Avg.
Average Monthly Disposable Salary (Net After Tax) 3,032.00 C$ 2,500.00-4,000.00
Mortgage Interest Rate in Percentages (%), Yearly 2.82 2.40-3.50

These data are based on 115 entries in the past 18 months from 26 different contributors.
Last update: May, 2016

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