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Virginia

POSTAL CODE: QLD, 4014
HOUSE

VIRGINIA, 4014 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling VIRGINIA, 4014 values up and netting property investors a capital gain of 3.66% for the past year.

Investors saw the median home price rise to $1,275,000.

Profits due to an upward trend in home prices in the suburb averaged 11.52% per annum over a 3-year period.

VIRGINIA now ranks at the th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in VIRGINIA are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $720 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In VIRGINIA, homes and units usually stay on listing for an average of 39.7 days.

In 2016, 49 properties were sold in VIRGINIA during the past year, making it the 264th most active market in QLD based on total real estate transactions.

Surburb overview

Virginia, Queensland 4014, is a residential and industrial suburb approximately 10 kilometres north of Brisbane’s central business district (CBD). Known for its tranquil environment and family-friendly atmosphere, Virginia has a population of around 2,395 residents, with the predominant age group being 30-39 years. The suburb has a rich mix of residential and commercial areas, with a significant proportion of land designated for General Industry (23.58%), Sport and Recreation (14.54%), and Low-Density Residential (14.04%).

The housing market in Virginia is diverse, featuring traditional Queenslander homes and newer developments. The median house rent is around $650 per week, providing rental yields of 3.23% for houses and 4.54% for units. The suburb has shown steady growth in property values, making it an attractive option for investors and homebuyers.

Virginia is well-connected through public transportation, with the Virginia and Bindha train stations providing easy access to Brisbane’s CBD. Bus services are also available, and the suburb is close to major roads like Sandgate Road and the Gateway Motorway, ensuring convenient connectivity to other parts of Brisbane.

The area offers a variety of amenities, including local parks, cafes, and shopping centres. Virginia State School provides quality education options for area families. The Virginia Golf Club is a notable recreational facility that allows residents to enjoy outdoor activities and community events.

With its blend of residential charm and industrial presence, Virginia remains a well-balanced suburb that caters to families and professionals seeking a suburban lifestyle close to the city.

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