Hillside Leasing Book - September 2021

Market Highl ight s

Housing Market The average single family residential dwelling value in Victoria is $1.16M. The average price of resale homes in Victoria increased by 22% from 2020. The median price of a home increased by $78,567 to $978,000. Greater Victoria average rental rate is $1,695 monthly. Victoria ranks 4th out of the top 10 cities in Canada. Still well below Metro Vancouver levels. 39% of Victorian’s own their own homes. Higher Disposable Income Average household income in Victoria, BC exceeds $99,618. Hillside’s primary trade area household income is $103,198. Highly Educated Over 70% of Victoria residents have completed post-secondary education (college or university) higher than the provincial and national average. Population Characteristics 25% of our Primary Trade Area (0-6 km) is female between the ages of 35-54 years.

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