Virginia - Waterloo Corner

Virginia - Waterloo Corner lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends

Virginia - Waterloo Corner's population was approximately 9,171 as of November 2025, according to AreaSearch's analysis. This figure represents a growth of 3,478 people, or 61.1%, since the 2021 Census, which recorded a population of 5,693. The increase is inferred from the estimated resident population of 7,499 in June 2024 and an additional 2,098 validated new addresses since the Census date. This results in a population density ratio of 67 persons per square kilometer. Virginia - Waterloo Corner's growth exceeded the state's (7.1%) and metropolitan area's, placing it as a growth leader in the region. Interstate migration contributed approximately 82.5% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data and years post-2032, the SA State Government's Regional/LGA projections are adopted with adjustments made using weighted aggregation methods. Future trends predict exceptional growth, placing Virginia - Waterloo Corner in the top 10 percent of Australian statistical areas. By 2041, the area is expected to grow by approximately 4,700 persons based on the latest annual ERP population numbers, reflecting a total increase of 33.0% over the 17 years.

The level of residential development activity in Virginia - Waterloo Corner was found to be higher than 90% of real estate markets across the country

Virginia Waterloo Corner has seen approximately 417 new homes approved annually. Over the past five financial years, from FY21 to FY25, around 2088 homes were approved, with an additional 195 approved in FY26 so far. On average, about 1.2 new residents have arrived per new home each year during this period.

This has resulted in a balanced supply and demand scenario, creating stable market conditions. The average value of new dwellings developed is $281,000. In the current financial year, $68.6 million worth of commercial development approvals have been recorded, indicating high levels of local commercial activity. Compared to Greater Adelaide, Virginia Waterloo Corner has 293.0% higher building activity per person, offering buyers ample choice and reflecting strong developer confidence in the area. The new building activity is predominantly detached houses at 97.0%, with only 3.0% being medium and high-density housing, preserving the area's low density nature and attracting space-seeking buyers.

With around 13 people per dwelling approval, Virginia Waterloo Corner exhibits characteristics of a growth area. According to AreaSearch's latest quarterly estimate, the area is projected to gain approximately 3028 residents by 2041. At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.

Virginia - Waterloo Corner has limited levels of nearby infrastructure activity, ranking in the 8thth percentile nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 53 projects likely impacting the area. Notable projects include Riverlea Estate in Buckland Park Township, Virginia Grove, Virginia Park Estate, and Virginia: Residential Growth Area. The following details projects likely most relevant.

Professional plan users can use the search below to filter and access additional projects.

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Virginia - Waterloo Corner has seen below average employment performance when compared to national benchmarks

Virginia - Waterloo Corner has a balanced workforce with white and blue collar jobs. Its unemployment rate is 4.1%.

In the past year, it saw an estimated employment growth of 2.8%. As of September 2025, 3,616 residents are employed. The area's unemployment rate is 0.1% higher than Greater Adelaide's at 3.9%, with workforce participation at 57.4%, below Greater Adelaide's 61.7%. Leading industries include agriculture, forestry & fishing, health care & social assistance, and retail trade.

Agriculture, forestry & fishing has a high representation at 11.6 times the regional level. Conversely, health care & social assistance is lower at 12.7% compared to the regional average of 17.7%. The ratio of workers per resident is 0.7, indicating above-normal local employment opportunities. Between September 2024 and September 2025, employment increased by 2.8%, labour force by 3.4%, leading to a 0.6 percentage point rise in unemployment. In contrast, Greater Adelaide saw employment growth of 3.0% and labour force growth of 2.9%, with a 0.1 percentage point drop in unemployment. State-level data from 25-Nov-25 shows SA employment grew by 1.19% year-on-year, adding 10,710 jobs, with the state unemployment rate at 4.0%. This compares favourably to the national unemployment rate of 4.3%, with SA's employment growth outpacing the national average of 0.14%. National employment forecasts from May-25 suggest a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Virginia - Waterloo Corner's employment mix, local employment should increase by 5.4% over five years and 11.9% over ten years.

Income levels sit below national averages according to AreaSearch assessment

AreaSearch's latest postcode level ATO data released for financial year 2022 shows Virginia - Waterloo Corner SA2 had a median income among taxpayers of $51,791 and an average of $58,604. This is below the national average. Greater Adelaide's median was $52,592 with an average of $64,886. Based on Wage Price Index growth of 12.83% since financial year 2022, current estimates for Virginia - Waterloo Corner SA2 are approximately $58,436 (median) and $66,123 (average) as of September 2025. According to 2021 Census figures, household, family, and personal incomes in Virginia - Waterloo Corner rank modestly, between the 27th and 30th percentiles. Distribution data shows that 32.6% of locals (2,989 people) fall into the $1,500 - 2,999 income category, mirroring regional levels where 31.8% occupy this bracket. After housing costs, 85.3% of income remains, ranking at the 29th percentile nationally.

Virginia - Waterloo Corner is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Virginia - Waterloo Corner's dwelling structure, as per the latest Census, consisted of 93.8% houses and 6.2% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Adelaide metro had 83.7% houses and 16.2% other dwellings. Home ownership in Virginia - Waterloo Corner was at 42.0%, with mortgaged dwellings at 43.9% and rented ones at 14.1%. The median monthly mortgage repayment in the area was $1,600, higher than Adelaide metro's average of $1,300. The median weekly rent figure was $300, compared to Adelaide metro's $265. Nationally, Virginia - Waterloo Corner's mortgage repayments were lower at $1,600 against the Australian average of $1,863, and rents were substantially below the national figure of $375.

Virginia - Waterloo Corner has a typical household mix, with a lower-than-average median household size

Family households account for 70.9% of all households, including 31.5% couples with children, 29.2% couples without children, and 8.9% single parent families. Non-family households constitute the remaining 29.1%, with lone person households at 27.0% and group households comprising 2.4%. The median household size is 2.5 people, which is smaller than the Greater Adelaide average of 2.6.

Virginia - Waterloo Corner faces educational challenges, with performance metrics placing it in the bottom quartile of areas assessed nationally

The area's university qualification rate is 12.5%, significantly lower than Australia's average of 30.4%. This disparity presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are the most common at 9.8%, followed by postgraduate qualifications (1.8%) and graduate diplomas (0.9%). Trade and technical skills are prominent, with 35.9% of residents aged 15+ holding vocational credentials - advanced diplomas (8.2%) and certificates (27.7%).

Educational participation is high, with 27.1% of residents currently enrolled in formal education. This includes 10.9% in primary education, 6.1% in secondary education, and 3.8% pursuing tertiary education.

Transport servicing is very low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Transport analysis shows 41 active stops operating in Virginia. These include Waterloo Corner with a mix of bus services. Three routes serve these stops, offering 70 weekly passenger trips combined.

Transport accessibility is limited, with residents typically residing 834 meters from the nearest stop. Service frequency averages 10 trips daily across all routes, equating to roughly one weekly trip per individual stop.

Health performance in Virginia - Waterloo Corner is lower than average with common health conditions somewhat prevalent across the board, though to a slightly higher degree among older age cohorts

Virginia Waterloo Corner faces significant health challenges. Common health conditions are somewhat prevalent across all age groups but slightly more so among older cohorts.

Approximately 49% of the total population (~4502 people) has private health cover, which is lower than the national average of 55.3%. The most common medical conditions in the area are arthritis and asthma, affecting 9.2 and 8.1% of residents respectively. 66.7% of residents declare themselves completely clear of medical ailments, compared to 63.4% across Greater Adelaide. The area has a higher proportion of seniors aged 65 and over at 19.8% (1811 people), compared to the 13.3% in Greater Adelaide. Health outcomes among seniors require more attention than those for the broader population.

The level of cultural diversity witnessed in Virginia - Waterloo Corner was found to be above average when compared nationally for a number of language and cultural background related metrics

Virginia's Waterloo Corner exhibited higher cultural diversity than most local markets, with 29.1% of its residents born overseas and 28.1% speaking a language other than English at home. Christianity dominated the religious landscape in Waterloo Corner, accounting for 44.0% of the population. Notably, Buddhism was more prevalent here (9.0%) compared to the Greater Adelaide average (2.0%).

Regarding ancestry, the top three groups were English (25.5%), Australian (23.3%), and Other (9.6%). Some ethnic groups showed significant differences: Vietnamese (6.9% vs regional 0.8%), Italian (7.6% vs 3.1%), and Greek (3.6% vs 0.7%) were notably overrepresented in Waterloo Corner.

Virginia - Waterloo Corner's population is slightly younger than the national pattern

The median age in Virginia-Waterloo Corner was 37 years as of a certain date, slightly lower than Greater Adelaide's average of 39 years and close to the national average of 38 years. The 25-34 cohort made up 17.9% of the population locally, compared to Greater Adelaide's average, indicating over-representation in this age group. Conversely, the 15-24 year-olds were under-represented at 9.1%. Post-2021 Census data showed a decrease in median age from 38 years to 37 years. The 35-44 age group grew from 11.9% to 13.8%, while the 5-14 cohort increased from 11.5% to 13.0%. However, the 55-64 cohort declined from 11.7% to 10.0%, and the 45-54 group dropped from 10.4% to 9.2%. By 2041, Virginia-Waterloo Corner is projected to experience significant shifts in its age composition, with the 35-44 group expected to grow by 49%, reaching 1,887 people from 1,270.