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Virginia
AREA REPORTS

Virginia

Virginia - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5120

house

VIRGINIA, 5120 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in SA have risen as a whole, pulling VIRGINIA, 5120 values up and netting property investors a capital gain of 2.73% for the past year.

Investors saw the median home price rise to $565,000.

Profits due to an upward trend in home prices in the suburb averaged 2.88% per annum over a 3-year period.

VIRGINIA now ranks at the 457th 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.

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 47.5 days.

In 2016, 34 properties were sold in VIRGINIA during the past year, making it the 224th most active market in SA based on total real estate transactions.

Data report can be found below

Virginia
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $565,000 N/A
GROWTH REPORT
Median Quarterly -1.74% N/A
Median 12 month 2.73% N/A
Median 3 years 8.65% N/A
Median 5 years 19.58% N/A
10 years average annual 2.7% N/A
Weekly media advert. rent N/A N/A
Time on Market 47.5 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
1977
Weekly Household Income
1237
Household Size
2.80
Age
39
Monthly Loan Repayment
1779
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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