This property is Off Market
With an average age of 42, households expect an average monthly mortgage payment of $2,339 or a weekly rent payment of $550. The average family earns a weekly income of $3,077 with a typical household size of 3 and a 96.89% employment rate.
Consistent high demand relative to supply is a key feature in Virginia driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Virginia ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Virginia provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Virginia necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 7%)
Virginia a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Northern Territory State average 44 / 100
Income
71 / 100
55 / 100
Industry
28 / 100
29 / 100
Population
33 / 100
50 / 100
House Prices
86 / 100
61 / 100
Jobs
30 / 100
27 / 100
Incidents Trend State Average
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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