Suburb Profile Report for Petrie QLD (4502)

Petrie House: Median price $419,500, Annual capital growth 4.08%, Number of sales 140, Weekly median advertised rent $380

Petrie Unit: Median price $332,500, Annual capital growth -0.01%, 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

Petrie is an average performer in QLD when comparing median price capital growth over the last year. Petrie gave property investors a good capital gain figure when compared to the rest of the state, with 6.20%.

Comparing Petrie,4502 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -4.72% to buyers in Petrie at the moment, which is less than average for the rest of QLD.

Renters in Suburb are facing rents around $4560 per annum or $380 every week.

Investment property in Petrie has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.76%

A 0.76% growth in median value for property investors in Petrie,4502 puts this suburb at number 213th in terms of best performing suburbs in QLD

Petrie, 4502 is offering QLD ‘s 293th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.

Residents and property investors in Petrie have been waiting around 101.85 days to sell a property.

Advertised rents are around the $345 mark per week – giving a return of 5.40% based on the median price in Suburb

HOUSE UNIT
$419,500 $332,500
3.20% -0.75%
6.20% 0.76%
4.08% -0.01%
$380 $345
140 34
4.71% 5.40%
45.72 101.85

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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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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