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Suburb Insights · NT 0822

Virginia, NT 0822 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Virginia is a well-established middle-ring suburb of Darwin, Australia, with a population of approximately 1,811, making it a boutique locality. Located approximately 21 km from the Darwin CBD, Virginia is a middle ring area in Northern Territory. The median household income is $139,256 per year.

Investment Score

71 / 100 Good

Above-average earnings in Virginia support sustained property values.

Location

Darwin
Virginia
Northern Territory · 0822
21 km from Darwin CBD
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Key Indicators

Postcode
0822

Official Australia Post postcode for Virginia. A postcode may cover multiple suburbs.

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Population
1,811

Usual resident population at the most recent census.

Median weekly rent
$460/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$139,256/yr

Annual median household income (before tax) across all households.

Distance to CBD
21 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$2,500/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
85% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Virginia is a smaller community of 1,811 — about 59% of the Northern Territory suburb median (3,057) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $139,256/year runs 23% above the Northern Territory suburb median of $113,308, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Rent of $460/week (80% coverage of the $2,500/month median mortgage) leaves a gap of roughly $507/month that a typical investor bridges with negative gearing, depreciation and capital growth. 21 km from Darwin places Virginia in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs. Separate houses make up 85% of dwellings — 17 percentage points above the Northern Territory median of 68% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Virginia vs Northern Territory Median

How Virginia stacks up against the median of all Northern Territory suburbs in our dataset. Positive values mean Virginia sits above the state median; negative means below.

MetricVirginiaNT medianΔ vs state
Population1,8113,057-41%
Median household income$139,256/yr$113,308/yr+23%
Median rent (weekly)$460$360+28%
Median mortgage (monthly)$2,500$1,950+28%
Distance to CBD21 km15 km+40%
Separate houses85%68%+17pp

Investor Checklist

Pre-inspection briefing for Virginia — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Strong buy-and-hold fundamentals: household incomes run 23% above the Northern Territory suburb median ($139,256 vs $113,308), and the 21 km CBD distance keeps this suburb in the primary demand zone. In Northern Territory, suburbs with this profile have historically clustered in the upper tercile of 10-year capital growth.

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Rental Yield

Moderate rental coverage: rent of $460/week covers 80% of a $2,500/month mortgage, leaving a $507/month gap that an investor bridges with equity, depreciation and tax benefits.

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Renovation / Flip

With 85% houses in a 1,811-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Virginia property

Full Property Analysis

30-year projections for Virginia

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2026 Outlook

Growth: Strong Rental Demand: Low Investor Sentiment: Strong

Virginia enters 2026 with a demographic tailwind — household incomes 23% above the Northern Territory suburb median of $113,308 and a population of 1,811 give it the depth and purchasing power to outperform the wider NT market over the next 12–18 months. Rental coverage runs at ~80% of the typical mortgage ($1,993/month rent vs $2,500/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 71/100 places Virginia in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.

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Frequently Asked Questions

Is Virginia a good suburb for investment?

Virginia scores 71/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 1,811, median household income of $139,256/year and median weekly rent of $460. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Virginia?

The main demand drivers in Virginia are proximity to Darwin (21 km), an above-state-median household income of $139,256/year, a dwelling mix that is 85% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Virginia?

Virginia has a usual resident population of approximately 1,811, compared with a Northern Territory suburb median of 3,057 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Virginia from the Darwin CBD?

Virginia sits 21 km straight-line from the Darwin CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.

What is the median rent in Virginia?

The most recent census recorded a median weekly rent of $460 in Virginia, equating to approximately $23,920/year in gross rental income (state median $360/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Virginia?

The median monthly mortgage repayment in Virginia is $2,500, or approximately $30,000/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Virginia cash-flow positive for investors?

A median weekly rent of $460 works out to $1,993/month, covering 80% of the median mortgage repayment of $2,500/month. That leaves a $507/month shortfall (around $6,084/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Virginia?

The main risks are a thin buyer pool (1,811 residents), interest-rate sensitivity on the $2,500 median mortgage, the broader Northern Territory market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Virginia profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Northern Territory Property Resources