Suburb overview
Virginia is an outer-metropolitan suburb of Adelaide, Australia, with a population of approximately 2,759, making it a boutique locality. Located approximately 30 km from the Adelaide CBD, Virginia is a outer metro area in South Australia. The median household income is $91,624 per year.
Location
Key indicators
Postcode
5120
Postcode for Virginia, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →
Population
2,759
Usual resident population at the most recent census.
Median weekly rent
$650/wk
Median weekly rent — as at Jan–Mar 2026, Consumer & Business Services (SA) (CC BY 4.0).
Distance to CBD
30 km
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Sale prices & yield
Median house price
$883,000
Median house sale price — as at Q1 2026, Valuer-General (SA) (CC BY 4.0). Figure covers suburb (metro Adelaide).
Indicative gross yield
3.8%
Estimated as current median rent × 52 ÷ current median house price. A guide only — not a guaranteed return; excludes costs, vacancy and buying expenses.
Housing
Median monthly mortgage
$1,733/mo
Monthly median mortgage repayment for households currently paying off a mortgage.
Home type
81% houses
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Why people like living in Virginia
- Outer-metro setting about 30 km from Adelaide — more space, quieter streets.
- Predominantly separate houses (81%) — suburban lifestyle with more land.
- Newer estates with modern homes and family-sized blocks.
Who Virginia suits
Pros and cons
Pros
- Rent sits within an affordable share of local incomes, supporting tenant demand.
- Affordable entry point compared with inner-city suburbs.
- Established infrastructure and existing community base.
Cons
- Long distance to the CBD (30 km) — plan for commute time or local employment.
- New-estate oversupply risk — many similar homes can compete for the same buyers.
Investment insight
Virginia is a smaller community of 2,759 — about 75% of the South Australia suburb median (3,699) — so investors should factor in the narrower buyer pool and longer average time-on-market. Households here earn $91,624/year on average — 13% above the SA suburb median of $80,964 — a modest premium that supports resilient owner-occupier demand. Median rent of $650/week (as at Jan–Mar 2026, Consumer & Business Services (SA)) equates to roughly $2,817/month — about 163% of the $1,733/month median mortgage repayment recorded at the 2021 Census. On those figures rental income covers most or all of the recorded repayment, but repayments on new loans have risen with interest rates since 2021, so re-run the coverage at today's rates before treating this as a cash-flow suburb. At 30 km from Adelaide, Virginia is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.
Investment tip
This suburb suits long-term investors due to steady population growth and affordable entry prices. Look for established streets close to schools and shops rather than raw new-estate land. At the 2021 Census, local rents consumed roughly 17% of household income — a dated but useful sanity check on tenant affordability.
Virginia vs South Australia median
How Virginia stacks up against the median of all South Australia suburbs in our dataset. Positive values mean Virginia sits above the state median; negative means below.
| Metric | Virginia | SA median | Δ vs state |
|---|---|---|---|
| Population | 2,759 | 3,699 | -25% |
| Median household income | $91,624/yr | $80,964/yr | +13% |
| Median rent (weekly, 2021 Census) | $300 | $320 | -6% |
| Median mortgage (monthly, 2021 Census) | $1,733 | $1,616 | +7% |
| Distance to CBD | 30 km | 13 km | +131% |
| Separate houses | 81% | 73% | +8pp |
Investor checklist
Pre-inspection briefing for Virginia — every item is derived from public datasets, with full citations in our data sources page.
- Market depth: 2,759 residents — 75% of the SA suburb median (3,699).
- Purchasing power: median household income $91,624/year (+13% vs South Australia suburb median of $80,964).
- Cash-flow coverage (2021 Census): $300/week rent (≈ $1,300/month) covered ~75% of the $1,733/month median mortgage at the 2021 Census — verify against current rents and rates.
- CBD access: 30 km straight-line from Adelaide (state suburb median 13 km).
- Dwelling mix: 81% separate houses — house-dominant market (vs 73% state median).
- Rate stress-test: budget ~$173/month extra for a 1-percentage-point RBA rate rise on top of the $1,733/month median repayment.
- Tenant rent burden: 17% of the median household income is spent on rent — comfortably affordable.
Investment strategy
Limited buy-and-hold upside: a small population of 2,759 means liquidity is thin and capital growth tends to lag the wider South Australia market over full cycles.
Moderate rental coverage at the 2021 Census: rent of $300/week covered 75% of a $1,733/month mortgage, a $433/month gap bridged with equity, depreciation and tax benefits. Re-check with current rents and rates before committing.
With 81% houses in a 2,759-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
- Interest-rate sensitivity: the $1,733/month median mortgage in Virginia means a 1-percentage-point RBA rate rise could add roughly $173/month to repayments, reducing buyer borrowing capacity and cooling prices.
- Liquidity risk: with 2,759 residents, Virginia has a thinner pool of buyers and tenants than larger suburbs. Expect longer days-on-market on resale and budget for potential vacancy gaps between tenancies.
- Virginia is 30 km from the CBD — not close enough to benefit from the inner-ring pricing halo, so growth depends more heavily on local infrastructure decisions and the wider South Australia market cycle.
- Regulatory risk: changes to Australian tax settings (negative gearing, CGT discount, foreign-buyer surcharges, land-tax thresholds) could reshape after-tax returns in Virginia regardless of local market conditions.
- Market cycle risk: property markets are cyclical, so stress-test your projections in Virginia with a 10–15% price pullback scenario before committing capital — returns to date are not a guarantee of future performance.
Run the numbers on a Virginia property
Walk the journey to a place like Virginia
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Start your journey near Virginia →2026 outlook
Capital-growth expectations for Virginia are modest for 2026 — incomes 13% above the SA median of $80,964 and a population of 2,759 suggest gains will lag headline metro markets. At the 2021 Census, rental coverage ran at ~75% of the typical mortgage ($1,300/month rent vs $1,733/month repayment), leaving a manageable top-up for most investors. Verify against current rents and rates. Overall investor sentiment for Virginia is balanced heading into the second half of 2026, based on its income, rent and mortgage profile relative to the South Australia median.
Frequently asked questions
Is Virginia a good suburb for investment?
Whether Virginia suits you depends on your strategy, but the fundamentals are concrete: a population of 2,759, a median household income of $91,624/year and median weekly rent of $300. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.
What drives property demand in Virginia?
The main demand drivers in Virginia are an above-state-median household income of $91,624/year, a dwelling mix that is 81% separate houses. Together these shape both owner-occupier and tenant demand.
What is the population of Virginia?
Virginia has a usual resident population of approximately 2,759, compared with a South Australia suburb median of 3,699 — 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 Adelaide CBD?
Virginia sits 30 km straight-line from the Adelaide CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.
What is the median rent in Virginia?
The median weekly rent in Virginia is $650 (as at Jan–Mar 2026, Consumer & Business Services (SA)), equating to approximately $33,800/year in gross rental income. Confirm 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 $1,733, or approximately $20,796/year (vs $1,616/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 $300 works out to $1,300/month, covering 75% of the median mortgage repayment of $1,733/month. That leaves a $433/month shortfall (around $5,196/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 (2,759 residents), interest-rate sensitivity on the $1,733 median mortgage, the broader South Australia 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
The population figure on this page comes from the ABS 2021 Census. The postcode comes from a community postcode dataset cross-checked against Australia Post. The dwelling mix is from the ABS 2021 Census. The median household income is the ABS 2021 Census median weekly household income, annualised. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage figures are 2021 figures and are labelled as such wherever they appear — they are five years old and have moved substantially since. The current median weekly rent in Key indicators is a genuine recent figure from Consumer & Business Services (SA) (Jan–Mar 2026), published under a Creative Commons licence and dated on the page. The median sale price shown comes from Valuer-General (SA) (Q1 2026), published under a Creative Commons licence and dated on the page. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.