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
|
2 MELFORD ST, PETRIE TERRACE, QLD, 4000 |  3 |
 2 |
 2 |
1000000 |
|
|
97 PRINCESS ST, PETRIE TERRACE, QLD, 4000 | 4 |
2 |
2 |
1350000 |
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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 5.8 | 21.6 | 30.4 | 51.8 | 87.6 | 2.2 | 24.8 |
| Feb | 7.2 | 21.7 | 30.1 | 52.6 | 87.5 | 1.9 | 21.2 |
| Mar | 5.6 | 20.6 | 29.5 | 52.8 | 90.3 | 1.6 | 17.6 |
| Apr | 2.8 | 17.6 | 27.3 | 49.7 | 89.6 | 1.5 | 16.1 |
| May | 2.2 | 13.8 | 24.0 | 46.9 | 88.2 | 1.4 | 13.9 |
| Jun | 2.4 | 12.4 | 22.2 | 49.1 | 88.2 | 1.3 | 11.9 |
| Jul | 0.8 | 10.7 | 22.4 | 41.2 | 87.4 | 1.3 | 13.4 |
| Aug | 0.3 | 11.1 | 24.6 | 32.3 | 85.7 | 1.5 | 17 |
| Sept | 0.6 | 14.0 | 26.1 | 37.4 | 86.1 | 1.7 | 20.2 |
| Oct | 2.8 | 16.1 | 27.1 | 42.2 | 86.1 | 1.8 | 22.9 |
| Nov | 2.5 | 19.1 | 28.9 | 45.9 | 85.5 | 1.9 | 25.5 |
| Dec | 5.5 | 21.1 | 29.9 | 50.0 | 85.7 | 2.0 | 23.0 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Cultural Centre - Less than 2 KM
Milton Ferry Terminal - Less than 2 KM
Eagle Street Pier Ferry Terminal - Less than 2 KM
Central - Less than 2 KM
Roma Street - Less than 1 KM
South Bank Ferry Terminal 2 - Less than 2 KM
North Quay 1 - Less than 2 KM
Riverside Ferry Terminal - Less than 2 KM
South Bank Ferry Terminal 1 - Less than 2 KM
North Quay 2 - Less than 2 KM
General Points of Interest
United States Army Units in Yeronga Park - Less than 10 KM
CrossFit - Less than 5 KM
Payne Road Equestrain Facility - Less than 10 KM
Cannon - Less than 2 KM
Chaplainwatch (social centre) - Less than 5 KM
Brookside Shopping Centre - Less than 10 KM
X-Golf - Less than 10 KM
IGA Marketplace - Less than 10 KM
Downfall Creek Bushland Centre - Less than 10 KM
Walter Hill Fountain - Less than 5 KM
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