This property is Off Market
With an average age of 40, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $405. The average family earns a weekly income of $2,136 with a typical household size of 2.6 and a 93.01% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Petrie due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Petrie provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Petrie 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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 2%)
Petrie a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
35 / 100
32 / 100
Industry
29 / 100
32 / 100
Population
42 / 100
40 / 100
House Prices
68 / 100
63 / 100
Jobs
31 / 100
31 / 100
Incidents Trend State Average
Mt Maria College - Petrie
Petrie, QLD, 4502 Independent 7-12
Genesis Christian College
Bray Park, QLD, 4500 Independent Prep-12
Petrie State School
Petrie, QLD, 4502 State Prep-6
Kurwongbah State School
Petrie, QLD, 4502 State Prep-6
YOS Lawnton
Lawnton, QLD, 4501 Independent 10-12
Pine Rivers Special School
Lawnton, QLD, 4501 State Prep-12
Holy Spirit School
Bray Park, QLD, 4500 Independent Prep-6
Charlotte Mason College
Kallangur, QLD, 4503 Independent Prep-10
Our Lady of the Way School
Petrie, QLD, 4502 Independent Prep-6
Lawnton State School
Lawnton, QLD, 4501 State Prep-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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