Virginia
Real estate profile
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Location
10 km North of the Brisbane CBD.
Features
Virginia rail station, Light to medium industrial precinct, small residential precinct.
Median Price
REIQ research shows that the median house price in the suburb for the calendar year 2006 was $302,500.
Median Weekly Rent
The median weekly rent paid for a 3-bedroom house in this area in the June 2007 quarter was $300. The median weekly rent paid for a 2-bedroom unit in this area for the same period was not available.
Profile
Located approximately 10km north of the Brisbane CBD, Virginia is a mix of industrial centres and residential housing.
Virginia can be broken down into about 40 per cent light to medium industrial and 60 per cent residential houses with a few townhouse developments mixed in.
With close access to employment the area has become a mix of young and established families and retirees. While few bargains can now be found in the area, it is not uncommon to see current residents upgrade their homes.
The excellent facilities in and around the area have seen the popularity of Virginia remain high and as such result in significant price growth.
Facilities such as hospitals, schools and shops are readily available to residents of Virginia. Chermside offers residents access to two hospitals and a major shopping centre featuring all major retailers and a restaurant and cinema complex. Residents also have easy access to Toombul Shopping Centre.
Leisure facilities around Virginia include plenty of bike ways and walk ways, picnic and barbeque spots near lagoons and wetlands in neighbouring Boondall. Musical and stage shows are also close by at the Brisbane Entertainment Centre also in Boondall.
Families are well serviced by numerous private and public schools such as Nudgee College in and around Virginia, accommodating both primary and secondary aged children.
Public transport is also good with three railway stations in the vicinity (Virginia, Boondall and Zillmere) and city express bus services running at regular intervals. Major roads such as Gympie Road or Sandgate Road put the commute to the city at around 20 minutes. The Gold Coast and Sunshine Coasts are also easily accessible via the Gateway Motorway.
According to the 2006 Census there were 1,842 people living in the suburb with a median age of 35. The median individual income was $552 per week. Of all occupied private dwellings 71.4% were either fully owned or being purchased; 23.7% were being rented.
Source: REIQ
REIQ Copyright 2007. Enquiries about the reproduction of part or all of the information should be directed to the Marketplace Strategy division of the The Real Estate Institute of Qld Ph 3249 7300.
This information has been carefully compiled by the REIQ and is not intended to be treated as a warranty or promise as to the correctness of the information.



