Look at the amd ryzen 3-3200g and ryzen 5-3400g, better CPU and GPU performance that what you currently have and can be built for around $400 if you get some very shitty parts.
you can add a GPU for VR later down the line for an additional $500 for what's currently recommend
For best visual fidelity you need the RTX 2080 ti which is a $1300+ part.
All storage options are viable for photo/video editing, but SSDis generally preferred, CPU is gonna be more important there which if you go with my recommendation, you should have a okay starting experience with a very viable upgrade path down the line.