Victoria

As of May 2026, Victoria, Sidney, Sooke have 1,238 active Airbnb and VRBO listings. This represents a 38% decrease from the previous year.

The average Airbnb or VRBO in Victoria generates C$38K per year. High-performing properties earn C$84K/year, while low-performing properties earn C$13K/year. The massive performance spread suggests that revenue is highly sensitive to listing-specific factors, as overall market supply has contracted by 38% without stalling revenue growth.

Airbnb and VRBO can be profitable in Victoria. Average annual revenue is C$38K with 42% occupancy. High-performing properties earn up to C$84K/year. This variance highlights a polarized landscape where top-tier units capture significantly more value, even as the total number of available listings has dropped by over one-third.

The average occupancy rate for Airbnbs and VRBOs in Victoria is 42%. This occupancy level, combined with an average nightly rate of C$256, results in a RevPAR (revenue per available room) of C$65 per day.

4+ bedroom properties demonstrate the strongest performance in Victoria, with annual revenue of C$104K. These properties balance operating costs and rental demand most effectively in the Victoria market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Victoria area. Victoria: Strict. Business license required, principal residence only, max 2 bedrooms, 30-night minimum in some zones. Active bylaw enforcement with significant fines. Sidney: Moderate. Business license required, principal residence rule, zoning restrictions apply. Enforcement occurs but less aggressive than Victoria. Sooke: Lenient. Business license needed, but minimal restrictions otherwise. Light enforcement, many operate without issues in residential zones. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Victoria Airbnb and VRBO market is currently showing balanced with strong demand conditions. Supply has declined 38% year-over-year, while RevPAR has increased 6%. This indicates healthy demand growth outpacing supply, suggesting that the remaining inventory faces less direct competition for the same pool of travelers.

Launch around January, 2-3 months before peak summer season (April peaks). This pre-peak timing lets you build reviews when competition is 35% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (February-January) when gaining traction is harder.

The most common amenities in Victoria listings include: Kitchen (98%), Tv (83%), Washing Machine (78%), Heating (76%), Balcony (59%). Amenities that boost revenue the most include Hot Tub, Bbq, Gym, with Hot Tub properties earning approximately 49% more (C$76K/year vs C$51K/year).

Monthly estimated revenue per listing in Victoria over the last 12 months: May: C$2K, June: C$2K, July: C$2K, August: C$2K, September: C$2K, October: C$2K, November: C$1K, December: C$2K, January: C$1K, February: C$1K, March: C$2K, April: C$3K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Victoria is C$256, up 26% year-over-year. By property size: 1-bedroom properties average C$177/night, 2-bedroom properties average C$266/night, 3-bedroom properties average C$426/night, 4+ bedroom properties average C$769/night. Rates peak in August and are lowest in May.

Guests in Victoria book an average of 41 days in advance, down 15% from last year. By property size: 1-bedroom: 38 days, 2-bedroom: 43 days, 3-bedroom: 45 days, 4+ bedroom: 51 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Victoria Airbnb and VRBO market has seen the following changes: supply declined 38%, revenue per listing increased 6%, occupancy fell 5%, average nightly rates increased 26%, and lead time decreased 15%. These metrics reflect a shift toward a lower-volume but higher-rate environment, where hosts are capitalizing on premium pricing despite changing booking patterns.

In Victoria, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Saturday and are lowest on Tuesday. Weekends show 19% higher occupancy than weekdays.