ABS 2021 Census · Updated 31 March 2026
Petrie Terrace is an inner-city suburb of Brisbane, Australia, with a population of approximately 1,168, making it a boutique locality. Located 1 km from the Brisbane CBD, Petrie Terrace is a inner city area in Queensland. The median household income is $124,852 AUD per year (ABS 2021 Census).
Petrie Terrace benefits from a high-income resident base, supporting premium property pricing. Close CBD access strengthens tenant appeal and resale value.
Map shows Petrie Terrace, Queensland, Australia.
Official Australia Post postcode for Petrie Terrace. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Petrie Terrace on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →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 →As an inner-city location, Petrie Terrace benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $435/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,665/month. A median household income of $124,852/year supports premium property values and indicates a well-employed resident base.
With robust local demand and income levels, Petrie Terrace is a natural candidate for patient investors.
Expect competitive but not exceptional rental returns in Petrie Terrace's current market.
Renovation or flip strategies in Petrie Terrace face headwinds from a smaller buyer pool and slower turnover.
Run the numbers on a Petrie Terrace property
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Create free account →Petrie Terrace is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Tenant competition in Petrie Terrace continues to intensify, supporting landlords and rent stability. Overall, investor sentiment toward Petrie Terrace is positive, backed by solid fundamentals.
Petrie Terrace is a inner city area in Queensland with a population of 1,168. The median rent is $435/week and the median household income is $124,852/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Petrie Terrace include employment proximity and urban lifestyle. 67% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Petrie Terrace has a population of approximately 1,168. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Petrie Terrace is approximately 1 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.