Property Prices in Victoria, Canada

Index
Price to Income Ratio:	7.55
Mortgage as Percentage of Income:	52.04%
Loan Affordability Index:	1.92
Price to Rent Ratio - City Centre:	19.46
Price to Rent Ratio - Outside of Centre:	15.05
Gross Rental Yield (City Centre):	5.14%
Gross Rental Yield (Outside of Centre):	6.64%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	1,625.80 C$	1,300.00-2,100.00
Apartment (1 bedroom) Outside of Centre	1,350.96 C$	1,000.00-1,600.00
Apartment (3 bedrooms) in City Centre	2,873.21 C$	2,400.00-3,500.00
Apartment (3 bedrooms) Outside of Centre	2,331.03 C$	2,000.00-2,800.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	636.00 C$	500.00-999.99
Price per Square Feet to Buy Apartment Outside of Centre	404.53 C$	300.00-600.00
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	3,707.51 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.39	2.20-4.48

These data are based on 297 entries in the past 18 months from 44 different contributors.
Last update: November 2020

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