Virginia is a small community in Northern Territory within the Litchfield local government area (postcode 0834). With a population of 1,811, the suburb has an established demographic with a median age of 43. Households earn a median income of $139K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Virginia is $777,000, having grown strongly 9.4% over the past year. Units have a median price of $305,000 (+5.2% YoY). The median weekly rent is $460 (Census 2021). This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,500.
Public transport access includes 19 bus stops.
From an investment perspective, Virginia offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($777K/$711K). The price-to-income ratio of 5.6x is considered affordable. House prices have moved +9.4% year-on-year.
Virginia is a small community in Northern Territory within the Litchfield local government area (postcode 0834). With a population of 1,811, the suburb has an established demographic with a median age of 43. Households earn a median income of $139K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Virginia is $777,000, having grown strongly 9.4% over the past year. Units have a median price of $305,000 (+5.2% YoY). The median weekly rent is $460 (Census 2021). This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,500.
Public transport access includes 19 bus stops.
From an investment perspective, Virginia offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($777K/$711K). The price-to-income ratio of 5.6x is considered affordable. House prices have moved +9.4% year-on-year.