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Petrie Terrace
AREA REPORTS

Petrie Terrace

Petrie Terrace - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4000

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Property investors enjoyed capital gains of 30.75% over the last 12 months in Petrie Terrace, translating to lower returns compared with its peers in QLD.

Figures from the previous quarter show that capital gains for real estate buyers in Petrie Terrace are low, as opposed to average gains per annum over the past five years.

The suburb posted a 41.29% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $577.5 based on current median home prices for the suburb.

On average, rents on listings have reached the $577.5 mark, reflecting a 2.74% increase in returns based on the current median price in Petrie Terrace.

Petrie Terrace, 4000 ranks 75th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 716th on the list of best yielding suburbs for rental properties in QLD, posting a 2.74% return.

Data report can be found below

Petrie Terrace
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,095,000 N/A
GROWTH REPORT
Median Quarterly 7.22% N/A
Median 12 month 30.75% N/A
Median 3 years 41.29% N/A
Median 5 years 42.21% N/A
10 years average annual 5.29% N/A
Weekly media advert. rent $577.5 N/A
Time on Market 101.9 days N/A
Gross Rental Yield Percent 2.74% N/A
demographics (median values)*
Total Population
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Weekly Household Income
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Household Size
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Age
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Monthly Loan Repayment
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* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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