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Petrie Terrace
QLD, 4000 - Brisbane

Thinking about buying in Petrie Terrace? Now could not be a better time, with 1073 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,390,000 with prices in this suburb ranging from $202,000 to $4,490,000. The aproximate distance to the coast is 13 Km.

Household Makeup

Median Weekly Rent $419.33
Median Monthly Mortgage $1732.00
Median Persons Per Bedroom 1.13
Average Household Size 2.00
Average Age 28.33
Average Income $969.33
Average Cars Per Dwelling 1.02
Average Properties Within 50M 40

Housing Stock

Average Property Prices

1 Bed  $1,055,000
2 Bed  $983,000
3 Bed  $1,567,000
4 Bed  $1,733,000
5 Bed  $2,697,000
6 Bed+$1,773,000

Petrie Terrace Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Petrie Terrace driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Petrie Terrace are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Petrie Terrace classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Petrie Terrace requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Units for sale Petrie Terrace

Ray White 97 PRINCESS ST, PETRIE TERRACE, QLD, 4000 Beds4 Bathrooms2 Parking 2 1350000
Ray White 2 MELFORD ST, PETRIE TERRACE, QLD, 4000 Beds3 Bathrooms2 Parking 2 1000000

Local Schools

Albert Park Flexible Learning Centre

Petrie Terrace State School

Brisbane Grammar School

Brisbane Girls' Grammar School

Queensland Academy for Creative Industries

Kelvin Grove State College

St Joseph's College

Milton State School

Hubbard's School

Brisbane Central State School

(While the above schools are located with the suburb of Petrie Terrace there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Petrie Terrace weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan5.821.630.451.887.62.224.8
Feb7.221.730.152.687.51.921.2
Mar5.620.629.552.890.31.617.6
Apr2.817.627.349.789.61.516.1
May2.213.824.046.988.21.413.9
Jun2.412.422.249.188.21.311.9
Jul0.810.722.441.287.41.313.4
Aug0.311.124.632.385.71.517
Sept0.614.026.137.486.11.720.2
Oct2.816.127.142.286.11.822.9
Nov2.519.128.945.985.51.925.5
Dec5.521.129.950.085.72.023.0

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

MiltonSpring HillCityBrisbane CityKelvin GrovePaddingtonRed HillSouth BrisbaneHerstonAuchenflower

Public Transport


General Points of Interest

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