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Petrie Terrace

  • There are around 1,167 residents living in Petrie Terrace
  • Most residents are other, with 39% aged 19-30 years old
  • Majority of homes are detached houses lived in by renters
Petrie Terrace Area Boundary Map

Property price trends

These median prices may indicate the common property values in this area and how they have changed over the last 4 years. Source: CoreLogic

$1,592,392

House median sale price

7% Growth

L

ast 12 months

$837,607

Unit median sale price

22% Growth

L

ast 12 months

Median price trend

This could show if the area is improving, suggesting future growth, or declining which may offer short-term buying opportunities.

Showing the trend for house prices over the last 4 years. Source: CoreLogic

Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

N/A

House median days on market

N/A

Unit median days on market

18 Properties

Sold in last 12 months

N/A

Available in the last month

Suburb snapshot

The median property sale price over the last 12 months for houses has been $1,592,392, which has increased by 7%. The median sale price for units has been around $837,607 and has increased by 22%. If you are looking to rent or are interested in purchasing an investment property, the median weekly rent for a house in Petrie Terrace is around $800 and has increased by 7% over the past 12 months. Meanwhile, the median weekly rent for a unit is around $400 and has decreased by 11%.

There are around 1,167 residents living in Petrie Terrace. They are predominantly made up of other, living in detached houses with the majority being renters. The most common occupations for locals are clerical and administrative workers, community and personal service workers, and labourers.

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Petrie Terrace residents

Key characteristics of the residents in the area, open the breakdown to see more detail for each category.

19-30

Is the most common age range

Renters

Most common occupant type

Other

Most common household profile

Professionals

Most common occupation

Detached Houses

Most common property type

Occupant status

This may indicate the likelihood of long term residence as owners are less likely to move. The most common are renters.

481

Total properties

Renters

(53%)

Mortgaged Owners

(22%)

Outright Owners

(19%)

Other

(7%)

Community Housing

(0%)

Property types

This may indicate the likelihood of you finding your ideal property type in the area. The most common are detached houses.

565

Total properties

Detached Houses

(71%)

Apartments

(25%)

Townhouses

(4%)

Other

(0%)

Age ranges

This may indicate what stage of life these residents are at. The most common is 19-30.

19-30

31-40

41-50

51-60

60+

Under 18

Household profiles

This may indicate likelihood of noise, activity or community events based on who lives here. The most common profile is other.

Couples

Families

Lone Parents

Other

Singles

Individual yearly income

This may indicate the affluence of individuals in the area. The average income band is $35k - $78k per year.

959

individuals

$35k - $78k

(41%)

$0k - $34k

(25%)

$79k - $103k

(15%)

$104k - $182k

(13%)

$182k+

(6%)

Occupations

The top 5 occupations in Petrie Terrace.

1

Professionals

2

Managers

3

Community and Personal Service Workers

4

Clerical and Administrative Workers

5

Technicians and Trades Workers
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Median House: $914,423

Median Unit: $879,218

Median House: $1,707,905

Median Unit: $852,812

Median House: $1,955,579

Median Unit: $832,149

Median House: $2,220,016

Median Unit: $998,027

Median House: $1,862,127

Median Unit: $1,000,021