The following property description is an example of which method of describing real estate: "Starting at a point on the southerly side of Victoria Street, 100 feet easterly from the corner formed by the intersection of the southerly side of Victoria Street and the easterly side of Monterey Street, then..."

The rectangular survey system, also known as the Public Land Survey System, divides land into a grid of townships and sections based on latitude and longitude. It does not utilize specific measurements or physical landmarks as seen in the given description. Therefore, this choice is not applicable to the scenario presented.

The lot, block, and tract system is used in urban areas to identify parcels of land by referencing a plat map. It assigns a lot number and block number within a tract, rather than using detailed directional measurements. The provided description does not fit this format, thereby eliminating this option.

While the government survey method is related to the rectangular survey, it primarily involves the systematic division of land into sections and townships, rather than specific boundary descriptions. The use of identifiable physical landmarks and precise measurements in the question makes this choice incorrect.