Suburb Profile Report for Petrie QLD (4502)

Petrie House: Median price $418,000, Annual capital growth 3.93%, Number of sales 135, Weekly median advertised rent $380

Petrie Unit: Median price $336,100, Annual capital growth 0.04%, Number of sales 34, Weekly median advertised rent $345

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Petrie, 4502 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 5.42%.

Over the longer term, Petrie has seen property prices show investors a 15.15% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Petrie 4502 should be seeing an average reduction in asking price of around -4.13% . This means that Petrie is holding prices well when compared to other suburbs in QLD.

On average over the past year, suburb has had 11.25 sales per month, which equates to 135 per year.

The QLD suburb of Petrie, 4502 is in the Moreton Bay local government area.

Giving property investors a an unimpressive capital gain of 0.33% for the last year, Petrie, 4502 is the 1081th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Petrie comes in at number 253th in QLD.

At number 301th of QLD’s most discounted properties, Petrie is in the TOP 10% of the state/territory when listing in order of most discounted to least.

At number 822 in a list of fastest selling suburbs, Petrie is just in the bottom half of suburbs in Australia with an average of days on market 81.46 for properties listed there.

Property investors should expect to get $345 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$418,000 $336,100
0.72% 1.08%
5.42% 0.33%
3.93% 0.04%
$380 $345
135 34
4.73% 5.34%
41.9 81.46

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 8499
Median household income ($/weekly) 1491
Median age of persons 34
Median housing loan repayment ($/monthly) 1870
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1265 14.9
    25-34 years 1158 13.6
    35-44 years 1312 15.4
    45-54 years 1256 14.8
    55-64 years 972 11.4
    Others 2537 29.8
    Age Group
    Census Count Percent(%)
    Registered Married 3300 53.2
    Not Married 2212 35.7
    Defacto Relationship 690 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 6676 81.1
    Papua New Guinea 389 4.7
    South Africa 83 1.0
    United Kingdom 595 7.2
    Other 175 2.1
    Others 314 3.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 68 0.9
    Christianity 5571 71.1
    Hinduism 19 0.2
    Other Religious Groups 47 0.6
    No Religion 2123 27.1
    Others 10 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 250 9.5
    $1,250-$1,499 285 10.9
    $1,500-$1,999 445 17.0
    $2,000-$2,499 356 13.6
    $2,500-$2,999 242 9.2
    Others 1044 39.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2912 45.7
    Not in the labour force 1626 25.5
    Employed, worked part-time 1296 20.3
    Employed, away from work 282 4.4
    Unemployed, looking for work 255 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 727 16.2
    Technicians & trades workers 725 16.2
    Community & personal service workers 454 10.1
    Clerical & administrative workers 871 19.4
    Sales 437 9.7
    Others 1274 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 113 5.5
    Infants/Primary 883 43.1
    Secondary 550 26.8
    Technical or Further Educational Institution 165 8.0
    University or other Tertiary Institutions 273 13.3
    Others 66 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7887 96.2
    Flat, unit or apartment 191 2.3
    Semi-detached, row or terrace house, townhouse 121 1.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1497 52.0
    Fully owned 733 25.4
    Rented 643 22.3
    Other tenure type 8 0.3
    Tenure Type
Census 2011, ABS
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