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Suburb Insights ยท QLD 4502

Petrie 4502, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Petrie is a regional centre in Queensland, Australia, with a population of approximately 8,722, making it a smaller community. Located approximately 23 km from the Brisbane CBD, Petrie is a regional area in Queensland. The median household income is $96,356 AUD per year (ABS 2021 Census).

Investment Score

61 / 100 Good

Above-average earnings in Petrie support sustained property values. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Petrie, Queensland, Australia.

Key Indicators

Postcode
4502

Official Australia Post postcode for Petrie. A postcode may cover multiple suburbs.

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Population
8,722

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$360/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$96,356/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
23 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,725/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
82% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Petrie serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $360/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,725/month. The median household income of $96,356/year reflects a solid demographic, supporting sustainable rental demand. 82% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Petrie offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Expect competitive but not exceptional rental returns in Petrie's current market.

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Renovation / Flip

Renovation or flip strategies in Petrie face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Petrie property

Full Property Analysis

30-year projections for Petrie

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Moderate

Price movement in Petrie is expected to be flat to modest in 2026, reflecting broader regional market conditions. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Petrie offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Petrie a good suburb for investment?

Petrie is a regional area in Queensland with a population of 8,722. The median rent is $360/week and the median household income is $96,356/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Petrie?

Key demand drivers in Petrie include regional employment hubs, lifestyle, and affordability. 82% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.

What is the population of Petrie?

According to the ABS 2021 Census, Petrie has a population of approximately 8,722. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Petrie from the Brisbane CBD?

Petrie is approximately 23 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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