Get a property report and suburb profile for any property in Petrie

Petrie has shown steady growth in the units market with a 1.27% increase over the past 12 months and an average annual growth rate of 4.24%. For houses, however, there has been a slight decline of -2.50% over the past year, but they have experienced a substantial average annual growth of 9.18%. With units selling within an average of 22 days on the market, and houses within 18 days, this points to a relatively high demand for properties in Petrie. Rental yields are attractive, especially for units at 5.45%, with a median weekly rent of $410. This could suggest that investment properties in Petrie, particularly units, may offer good opportunities for rental income​​.

With median property prices standing at $682,500 for houses and $400,000 for units, and weekly median rents at $530 for houses and $410 for units, Petrie offers a moderate cost of living when considering its proximity to Brisbane. It provides a balance for both owner-occupiers and renters, reflecting a range of affordable housing options within the area​​.

Reviews by residents highlight Petrie as a family-friendly and quiet area, appreciated for its natural surroundings and community feel. It has a range of amenities including schools, parks, and recreational areas, such as Sweeney’s Reserve and the Lakes. The upcoming university and the new Moreton Bay Rail link are expected to add value and convenience to the suburb. Furthermore, it's central to shopping centres like Northlakes Westfield and Strathpine Centre, adding to its appeal for families and professionals. While nightlife is limited, the suburb is touted as a great place for those seeking a peaceful lifestyle close to the city​​.