Property Prices in Victoria, Canada

Index Info
Price to Income Ratio: 5.61
Mortgage as Percentange of Income: 36.52%
Loan Affordability Index: 2.74
Price to Rent Ratio - City Centre: 15.47
Price to Rent Ratio - Outside of Centre: 13.75
Gross Rental Yield (City Centre): 6.47%
Gross Rental Yield (Outside of Centre): 7.27%
Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 1,123.38 C$ 900.00-1,350.00
Apartment (1 bedroom) Outside of Centre 917.83 C$ 800.00-1,100.00
Apartment (3 bedrooms) in City Centre 1,955.88 C$ 1,800.00-2,200.00
Apartment (3 bedrooms) Outside of Centre 1,603.33 C$ 1,500.00-1,800.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Meter to Buy Apartment in City Centre 3,735.14 C$ 3,229.17-4,444.00
Price per Square Meter to Buy Apartment Outside of Centre 2,716.93 C$ 2,152.78-3,333.00
Salaries And Financing [ Edit ] Avg.
Average Monthly Disposable Salary (Net After Tax) 2,875.00 C$ 2,000.00-4,000.00
Mortgage Interest Rate in Percentages (%), Yearly 2.75 2.30-3.50

These data are based on 106 entries in the past 18 months from 24 different contributors.
Last update: April, 2016

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