Suburb Profile Report for Virginia NT (0835)

Virginia House: Median price $570,000, Annual capital growth 13.13%, Number of sales 31, Weekly median advertised rent N/A

Source: CoreLogic

  • House Report

Virginia has had a quite poor year for property investment returns compared to the rest of NT, giving investors a capital gain of 9.62% to date .

The five-year average increase in median property values for Virginia,0835 has given property investors a potential capital gain of 96.55% across each of those five years.

In the last year 31 properties changed hands in Virginia, which puts it as the 34th most active market in NT when comparing the number of sales per suburb.

HOUSE UNIT
$570,000 N/A
6.41% N/A
9.62% N/A
13.13% N/A
N/A N/A
31 N/A
N/A N/A
68.36 N/A

Source: CoreLogic

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Demographics
Total population 2042
Median household income ($/weekly) 1772
Median age of persons 40
Median housing loan repayment ($/monthly) 2117
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 289 14.1
    25-34 years 205 10.0
    35-44 years 360 17.6
    45-54 years 397 19.4
    55-64 years 291 14.2
    Others 501 24.5
    Age Group
    Census Count Percent(%)
    Registered Married 617 45.6
    Not Married 492 36.4
    Defacto Relationship 244 18.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1537 85.8
    Greece 19 1.1
    Papua New Guinea 36 2.0
    United Kingdom 83 4.6
    Other 39 2.2
    Others 77 4.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 24 1.4
    Christianity 988 58.8
    Islam 7 0.4
    Other Religious Groups 7 0.4
    No Religion 650 38.7
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 85 15.2
    $2,000-$2,499 72 12.8
    $2,500-$2,999 55 9.8
    $3,000-$3,499 52 9.3
    $4,000 or more 45 8.0
    Others 252 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 755 52.8
    Not in the labour force 311 21.8
    Employed, worked part-time 221 15.5
    Employed, away from work 105 7.3
    Unemployed, looking for work 37 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 145 13.4
    Professionals 141 13.0
    Technicians & trades workers 225 20.8
    Clerical & administrative workers 198 18.3
    Machinery operators & drivers 94 8.7
    Others 278 25.7
    Occupation
    Census Count Percent(%)
    Pre-school 26 5.8
    Infants/Primary 177 39.6
    Secondary 133 29.8
    Technical or Further Educational Institution 26 5.8
    University or other Tertiary Institutions 68 15.2
    Others 17 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1602 88.6
    Caravan, cabin, houseboat 188 10.4
    Improvised home, tent, sleepers out 14 0.8
    Semi-detached, row or terrace house, townhouse 5 0.3
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 278 43.5
    Fully owned 233 36.5
    Rented 122 19.1
    Other tenure type 6 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals