victoria park has no social life. it is a relatively quiet area, especially if you are in Dalton ellis and the surrounding halls, since there is not much in the way of shops and stuff around. there are one or two pubs but for nightlife you would have to go to fallowfield or into town, which is what we did in the first year a lot, so missed out on a lot of the studenty things. its not far to get from that area to fallowfield, its probably easy to walk in 15 minutes, but it is a bit inconvenient, and not that safe especially for girls. there is one bus (which is an expensive stagecoach one) so you possibly will end up getting lots of taxis.
hulme is in a slightly better position, since it is closer to rusholme, its a stones throw from uni and there are lots of shops around (including a new lidl!). also because it's close to wilmslow road there are thousands and thousands of buses to take you to fallowfield (if you cant be bothered to walk the 20 minutes) or into the city centre. i'd say if you really want a social life on your doorstep definitely go for fallowfield, but if you dont mind a little bit of a trek on your nights out and would prefer a slightly calmer area, victoria park isnt a bad choice.