Date Prepared: 22nd November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).

---

Overview

Petrie, located in the Moreton Bay region, is a charming suburb known for its family-friendly atmosphere, strong community ties, and excellent access to amenities. Its proximity to Brisbane and the Sunshine Coast makes it a highly desirable area for families, professionals, and investors.

---

Demographics

• Population: Approximately 8,000 (2021 Census, ABS).
• Median Age: 36 years, reflecting a vibrant, family-oriented community.
• Dwelling Type: Predominantly standalone houses with a mix of units and modern townhouses.
• Ownership: High ownership rates, indicative of long-term residential stability.

---

Property Market (2024)

Houses

• Median Sale Price: $812,000 (+16.8% annual growth).
• Median Weekly Rent: $545.
• Rental Yield: 3.6%.
• Sales Volume: 137 recorded house sales in the past 12 months.

Units

• Median Sale Price: $465,000 (+16.2% annual growth).
• Median Weekly Rent: $445.
• Rental Yield: 5.0%.

Long-Term Trends (2006–2024)

Petrie has shown steady growth, with the median house price increasing from $280,000 in 2006 to $812,000 in 2024. This represents an average annual growth rate of approximately 7.3%.

Recent Notable Sales

• 16 Vaucluse Crescent: Sold for $890,000 (Oct 2024).
• 29 Eyre Avenue: Sold for $1,020,000 (Oct 2024).
• 14 Wallers Court: Sold for $1,920,000 (Oct 2024).

Source: Pricefinder, Your Investment Property Magazine.

---

Education

Petrie provides access to several quality educational institutions:

• Primary Schools:
  • Petrie State School.
• Secondary Schools:
  • Pine Rivers State High School.
• Nearby Private Schools:
  • St. Benedict’s College (in Mango Hill).

Source: Queensland Department of Education, Landchecker.

---

Amenities and Lifestyle

Shopping

• Petrie Village Shopping Centre: Features essential retail and dining options.
• Nearby Options: Strathpine Centre and North Lakes Westfield offer extensive retail facilities.

Parks and Recreation

• Pine Rivers Park: A local favorite for family picnics, playgrounds, and walking trails.
• Sweeney Reserve: Offers sports facilities, scenic walking paths, and picnic spots.
• Lake Kurwongbah: A serene location for kayaking, fishing, and relaxation.

Source: Google, Walkscore.

---

Transport and Accessibility

• Road Network:
  • Connected via Anzac Avenue and Gympie Road, offering easy access to Brisbane CBD and Sunshine Coast.
• Public Transport:
  • Petrie train station provides regular services to Brisbane and surrounding suburbs.
• Walkability:
  • Moderate; most amenities are accessible by car or public transport.

Source: TMR Queensland, Walkscore.

---

Recent and Planned Developments

• Residential Expansion: Growth in townhouse developments to cater to increasing demand.
• University Presence: The Moreton Bay Campus of the University of the Sunshine Coast is a significant addition to the area, attracting students and boosting local economy.

Source: Pricefinder, Your Investment Property Magazine.

---

Community and Employment

• Employment Sectors:
  • Dominated by healthcare, education, retail, and construction industries.
• Community Activities:
  • Local festivals, markets, and sports events foster strong neighborhood ties.

Source: ABS, Your Investment Property Magazine.

---

Key Statistics at a Glance

Metric	Value
Population	~8,000 (2021 Census).
Median House Price (2024)	$812,000.
Median Rent (Houses)	$545/week.
Rental Yield (Houses)	3.6%.
Median Unit Price (2024)	$465,000.
Median Rent (Units)	$445/week.
Rental Yield (Units)	5.0%.
Notable Parks	Pine Rivers Park, Sweeney Reserve, Lake Kurwongbah.
Transport Access	Anzac Avenue, Petrie Station, bus services.

---

Conclusion

Petrie offers a strong mix of suburban charm, modern conveniences, and excellent investment potential. With its steady property growth, family-friendly amenities, and proximity to Brisbane, Petrie is an ideal location for residents and investors alike.