Virginia vs Riverlea Park
Virginia (median $860,000) is roughly 4% cheaper to buy into than Riverlea Park ($900,000). Over the past year, Riverlea Park (+9.1%) ran 0.2 percentage points ahead of Virginia (+8.9%) on house-price growth.
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Virginia and Riverlea Park side by side
| Measure | Virginia | Riverlea Park |
|---|---|---|
| Price and market | ||
| Median house | $860,000 | $900,000 |
| Median unit | $274,320 | $274,320 |
| House price change, 12 months | +8.9% | +9.1% |
| Renting | ||
| House rent | $630/wk | $715/wk |
| Unit rent | $200/wk | $255/wk |
| Owner occupied | 86.0% | – |
| Renter occupied | 12.0% | – |
| Schools | ||
| Schools nearby | 7 | 20 |
| Average ICSEA | 963 | 951 |
| Lifestyle and people | ||
| Walk score | 6 | 0 |
| Transit score | 0 | 0 |
| Bike score | 25 | 20 |
| Population | 2,759 | – |
| Median age | 34 | – |
| Climate | ||
| Annual rainfall | 410 mm | 397 mm |
| Mean max, January | 30.6°C | 30.4°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Virginia scores higher on walkability (6/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Virginia (963) sits above Riverlea Park (951).
- For buyers
- Virginia is the lower entry point at $860,000 median, 4% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Riverlea Park carries both higher gross yield (4.13% vs 3.81%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
- For families
- Virginia edges out on average school ICSEA (963 vs 951).
Virginia vs Riverlea Park: common questions
Is Virginia or Riverlea Park cheaper to buy in?
Virginia has the lower median house price at $860,000, roughly 4% below Riverlea Park ($900,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Virginia or Riverlea Park?
Over the past 12 months, Riverlea Park grew +9.1% vs +8.9% in Virginia, a gap of 0.2 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Virginia or Riverlea Park have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Virginia scores 963 vs 951 in Riverlea Park. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Virginia or Riverlea Park?
Virginia scores 6/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Virginia or Riverlea Park?
Gross rental yield on houses is 4.13% in Riverlea Park vs 3.81% in Virginia. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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