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Sales Activity
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Population
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 is around 9,171 as of November 2025. This reflects an increase of 3,478 people since the 2021 Census, which reported a population of 5,693 people. The growth 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 equates to a density ratio of 67 persons per square kilometer. Virginia - Waterloo Corner's growth rate of 61.1% since the 2021 census exceeded the state's (7.1%) and metropolitan area's growth rates, marking it as a growth leader in the region. Population growth was primarily driven by interstate migration contributing approximately 82.5% of overall population gains during recent periods.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered and years post-2032, the SA State Government's Regional/LGA projections by age category are adopted, based on 2021 data and adjusted using weighted aggregation from LGA to SA2 levels. Future population trends predict exceptional growth, placing Virginia - Waterloo Corner in the top 10 percent of Australian statistical areas. The area is expected to grow by 4,700 persons to 2041 based on latest population numbers, reflecting an increase of 33.0% over the 17 years.
Frequently Asked Questions - Population
Development
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 162 approved so far in FY26. On average, about 1.2 new residents have arrived per new home each year over these five years.
This balance between supply and demand has maintained stable market conditions, while the average expected construction cost of new dwellings was $281,000. In FY26, $68.6 million in commercial development approvals were recorded, indicating high levels of local commercial activity. Compared to Greater Adelaide, Virginia Waterloo Corner exhibits 293.0% higher building activity per capita. This robust activity is well above the national average, reflecting strong developer confidence in the area. The new building activity consists predominantly of detached houses at 97.0%, with medium and high-density housing accounting for 3.0%.
This preserves the area's low-density nature, attracting space-seeking buyers. With around 13 people per dwelling approval, Virginia Waterloo Corner displays characteristics of a growth area. Population forecasts suggest that Virginia Waterloo Corner will gain approximately 3028 residents by 2041. Given current development rates, new housing supply is expected to comfortably meet demand, providing favorable conditions for buyers and potentially supporting growth beyond current population projections.
Frequently Asked Questions - Development
Infrastructure
Virginia - Waterloo Corner has emerging levels of nearby infrastructure activity, ranking in the 23rdth percentile nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 53 projects that may affect this region. Notable ones include Riverlea Estate in Buckland Park Township, Virginia Grove, Virginia Park Estate, and Virginia: Residential Growth Area. The following list details those expected to be most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Riverlea Estate (Buckland Park Township)
South Australia's largest master-planned community, spanning over 1,300ha. The project is planned to deliver 12,000 homes and house over 40,000 people over the next 20 years. It will include a town centre, the $80M Palms Shopping Village, schools, community facilities, parks, lakes, and over 450ha of open space, aiming to create 10,000 jobs. Construction is underway with various stages in progress and some completed.
Deep Maintenance and Modification Facility (DMMF)
A purpose-built, $200 million facility being constructed adjacent to RAAF Base Edinburgh, Penfield, to provide long-term, deep maintenance and modification for the RAAF's P-8A Poseidon maritime surveillance aircraft and E-7A Wedgetail aircraft, as well as allied P-8A and US Navy MQ-4C Triton aircraft. The 240m-long, 60m-wide, 25m-high four-bay hangar is currently under construction, with the steel frame complete. The project commenced in August 2024 and is expected to create 450 construction jobs and approximately 50 ongoing highly skilled roles in advanced aircraft maintenance, engineering, avionics and logistics. It will be the only facility of its kind in Australia, enhancing sovereign defence capability. Construction is due for completion in mid-2026.
Edinburgh Defence Precinct Mid-Term Refresh
A mid-term refresh project to replace or upgrade aged engineering services, facilities, and infrastructure across the Edinburgh Defence Precinct, a key national defence research, manufacturing, and sustainment hub. The estimated cost is $311.9 million (excluding GST). The project aims to enhance estate resilience and redundancy to sustain Defence activities, including upgrades to high voltage power, fire water, sewer, and stormwater networks. Separately, BAE Systems Australia is undertaking a $25 million upgrade to its Edinburgh Parks facility within the precinct, focusing on advanced manufacturing and defence capabilities, including a new Security Operations Centre.
Northern Connector
Six-lane, 15.5 kilometre motorway providing vital freight and commuter link between Northern Expressway, South Road Superway and Port River Expressway. South Australia's first major concrete motorway and widest in the country. Includes 16 kilometres of shared cyclist and pedestrian paths connecting to Stuart O'Grady Bikeway. Features four major interchanges, intelligent transport systems, wetland restoration and Indigenous-inspired design elements. Opened March 7, 2020.
Edinburgh Parks Industrial Estate
South Australia's largest master-planned industrial estate, spanning approximately 500 hectares in Edinburgh, adjacent to RAAF Base Edinburgh. Features three established precincts (East, West, South) supporting manufacturing, logistics, and defence tenants with limited land remaining. The fourth North Precinct is in planning, offering flexible allotments from 2,500mý to 2.8+ hectares. A separate $200 million Deep Maintenance and Modification Facility for Boeing 737-variant defence aircraft (including P-8A Poseidon) is under construction adjacent to the estate with completion expected mid-2026.
Palms Shopping Village Riverlea
First retail center for Riverlea community featuring supermarkets, specialty stores, and community services. Part of the broader Riverlea masterplan development.
Strategic Growth Framework - Waterloo Corner and Bolivar Corridor
Strategic urban development framework for the Waterloo Corner and Bolivar Corridor area, planning for sustainable growth, infrastructure improvements, and community development in northern Adelaide.
SA Water Corporation Solar Array - Bolivar
11.25MW Solar Photovoltaic Arrays with battery storage equipment at 21 Hodgson Road, Bolivar. Part of SA Water's renewable energy strategy and largest PV portfolio in South Australia. Large-scale solar array installation supporting sustainable water operations and South Australia's renewable energy targets.
Employment
Virginia - Waterloo Corner has seen below average employment performance when compared to national benchmarks
Virginia Waterloo Corner has a balanced workforce with diverse sector representation. Its unemployment rate was 4.2% as of June 2025.
Residents' leading employment industries include agriculture, forestry & fishing, health care & social assistance, and retail trade. The area specializes in agriculture, forestry & fishing, with an employment share 11.6 times the regional level. However, health care & social assistance shows lower representation at 12.7% compared to the regional average of 17.7%. As of Census data, there are 0.7 workers per resident, indicating higher than normal local employment opportunities.
Between June 2024 and June 2025, employment increased by 0.5%, while labour force grew by 1.3%, leading to an unemployment rise of 0.7 percentage points. National employment forecasts from Jobs and Skills Australia, released in May 2025, project a local growth of approximately 5.4% over five years and 11.9% over ten years, based on industry-specific projections applied to Virginia Waterloo Corner's employment mix.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
AreaSearch's latest postcode level ATO data for financial year 2022 shows Virginia - Waterloo Corner had a median taxpayer income of $51,791 and an average of $58,604. This was below the national average. Greater Adelaide had a median of $52,592 and an average of $64,886 during this period. Based on Wage Price Index growth of 12.83% since financial year 2022, estimated incomes for September 2025 would be approximately $58,436 (median) and $66,123 (average). According to 2021 Census figures, household, family, and personal incomes in Virginia - Waterloo Corner ranked modestly, between the 28th and 30th percentiles. Income distribution data showed that 32.6% of locals (2,989 people) fell into the $1,500 - 2,999 category, similar to regional levels where 31.8% occupied this bracket. After housing costs, 85.3% of income remained, ranking at the 29th percentile nationally.
Frequently Asked Questions - Income
Housing
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). This compares to Adelaide metro's 83.7% houses and 16.2% other dwellings. Home ownership in Virginia - Waterloo Corner stood at 42.0%, with mortgaged dwellings at 43.9% and rented ones at 14.1%. The median monthly mortgage repayment was $1,600, higher than Adelaide metro's average of $1,300. Median weekly rent in the area was $300, compared to Adelaide metro's $265. Nationally, Virginia - Waterloo Corner's mortgage repayments were lower at $1,600 versus Australia's average of $1,863, and rents were substantially lower at $300 compared to the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Virginia - Waterloo Corner has a typical household mix, with a lower-than-average median household size
Family households constitute 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 comprise the remaining 29.1%, with lone person households at 27.0% and group households making up 2.4%. The median household size is 2.5 people, which is smaller than the Greater Adelaide average of 2.6.
Frequently Asked Questions - Households
Local Schools & Education
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 the Australian average of 30.4%. Bachelor degrees are most common at 9.8%, followed by postgraduate qualifications (1.8%) and graduate diplomas (0.9%). Vocational credentials are prevalent, with 35.9% of residents aged 15+ holding them - advanced diplomas at 8.2% and certificates at 27.7%. Educational participation is high, with 27.1% of residents currently enrolled in formal education.
This includes 10.9% in primary, 6.1% in secondary, and 3.8% in tertiary education. Virginia Primary School serves the area, with an enrollment of 425 students as of 20XX (exact date not specified). The school focuses on primary education, with ICSEA score of 986, indicating balanced educational opportunities. Secondary options are available in nearby areas due to limited local capacity (4.8 places per 100 residents versus the regional average of 17.1).
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is very low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Analysis shows 41 active public transport stops operating in Virginia, specifically at Waterloo Corner. These stops serve a mix of bus routes, with three individual routes providing service. Collectively, these routes offer 70 weekly passenger trips.
Transport accessibility is rated as limited, with residents typically located 834 meters from the nearest stop. Service frequency averages 10 trips per day across all routes, equating to approximately one weekly trip per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
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 (~4,502 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. Sixty-six point seven percent of residents report having no medical ailments, compared to 63.4% across Greater Adelaide. Nineteen point eight percent of residents are aged 65 and over (1,811 people), higher than the 13.3% in Greater Adelaide. Health outcomes among seniors require more attention due to presenting some challenges.
Frequently Asked Questions - Health
Cultural Diversity
Virginia - Waterloo Corner was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics
Virginia's Waterloo Corner was found to be more culturally diverse than most local markets, with 29.1% of its population born overseas and 28.1% speaking a language other than English at home. The dominant religion in Virginia - Waterloo Corner is Christianity, comprising 44.0% of the population. Notably, Buddhism is overrepresented, making up 9.0% compared to the Greater Adelaide average of 2.0%.
In terms of ancestry, the top three groups are English (25.5%), Australian (23.3%), and Other (9.6%). There are notable divergences in certain ethnic groups: Vietnamese is overrepresented at 6.9%, Italian at 7.6%, and Greek at 3.6%.
Frequently Asked Questions - Diversity
Age
Virginia - Waterloo Corner's population is slightly younger than the national pattern
The median age in Virginia-Waterloo Corner was 37 years as of the census, compared to Greater Adelaide's average of 39 and the national average of 38. Locally, those aged 25-34 made up 17.9% of the population, higher than Greater Adelaide's average, while those aged 15-24 were under-represented at 9.1%. Post-2021 Census data shows the median age dropped to 37 from 38, indicating a younger population. The 35-44 age group grew from 11.9% to 13.8%, and the 5-14 cohort increased from 11.5% to 13.0%. Conversely, 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 expected to experience significant changes in its age composition, with the 35-44 group projected to grow by 49%, reaching 1,887 people from 1,270.