Real Estate Petrie Terrace, QLD, 4000 Brisbane
Thinking about buying in Petrie Terrace? Now could not be a better time, with a whopping 1064 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $1,121,000 with prices in this suburb ranging from $713,000 to $1,890,000.
Distance to the coast is 13 Km.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.
About
Household makeup
| Median Weekly Rent | $374.71 |
| Median Monthly Mortgage | $2144.79 |
| Median Persons Per Bedroom | 0.86 |
| Average Household Size | 2.00 |
| Average Age | 34.00 |
| Average Income | $1179.00 |
| Average Cars Per Dwelling | 1.81 |
| Average Properties Within 50M | 40.00 |
Typical Property Prices
| 2 Bed | $1,310,000 |
| 3 Bed | $1,292,500 |
| 5 Bed | $1,600,000 |
| 6 Bed + | $1,600,000 |
Housing Stock
Properties for sale Petrie Terrace
|
99 PRINCESS ST, PETRIE TERRACE, QLD, 4000 | 3 | 2 | 0 | For Sale |
|
50 SEXTON ST, PETRIE TERRACE, QLD, 4000 | 3 | 2 | 1 | For Sale By Negotiation |
Local Schools
None within suburb boundary
(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
Fibre to the Basement (vectored or non-vectored)
Fibre to the Curb
Fibre to the Node
Hybrid Fibre Coaxial (HFC)
Satellite
Nearby Suburbs
Public Transport
General Points of Interest
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