Private Login

Victoria Market Update - Jan 3, 2017

Subscribe to our Newsletter

Stay on top of market trends form Randall North in the following markets:

Select list(s):

Victoria Market Update – Jan 3, 2017

Rental demand remains super tight in Victoria, vacancy at 0% based on our portfolio.
2017 will be an interesting year.  More purpose built rentals will come on board including the 49 units at Madrona at Dockside Green, which will be managed by Randall North.
Bachelor suite rents are rising fastest right now – getting over $800 is the norm.
Rent levels for 1 and 2 bedroom stable from last month:
Downtown – 1 bed $1,500; 2 bed $2,200
Suburban – 1 bed $1,000; 2 bed $1,500

Comments are closed.


Posted by:
Derek Kaufman

Posted on:
January 3rd, 2017

Posted in: