Victoria is one of the most beautiful cities in the world to live in. Victoria’s rental market is the fourth most expensive in Canada and the market continues to grow steadily. The average household income in Victoria is $59,000, and the rental vacancy rate is just 1.2 percent. Victoria is home to a booming information technology industry, with over 800 tech companies bringing in nearly $2 billion in revenue per year. Victoria is home to one of the most significant populations of seniors. If done right, investment properties can set you up for long-term financial success and stability.