Petrie is a mid-sized suburb in Queensland within the Moreton Bay local government area (postcode 4502). With a population of 8,722, the suburb has an established demographic with a median age of 38. Households earn a median income of $96K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Petrie is $769,000, having surged 12.1% over the past year. Units have a median price of $450,000 (+12.5% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,725.
Petrie is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1004, which is around the national average of 1,000. Public transport access includes 1 rail station, 24 bus stops. The crime rate in the Moreton Bay LGA is moderate at 4,652 incidents per 100,000 population.
From an investment perspective, Petrie offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($769K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.0x is considered moderate. House prices have moved +12.1% year-on-year.
Petrie is a mid-sized suburb in Queensland within the Moreton Bay local government area (postcode 4502). With a population of 8,722, the suburb has an established demographic with a median age of 38. Households earn a median income of $96K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Petrie is $769,000, having surged 12.1% over the past year. Units have a median price of $450,000 (+12.5% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,725.
Petrie is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1004, which is around the national average of 1,000. Public transport access includes 1 rail station, 24 bus stops. The crime rate in the Moreton Bay LGA is moderate at 4,652 incidents per 100,000 population.
From an investment perspective, Petrie offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($769K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.0x is considered moderate. House prices have moved +12.1% year-on-year.