Median price trend for houses
Based on 13 sales in the preceding 12 months
$1,550,000
Up 11.5% over 12 months
- 2 bed
- $1.19m
- 3 bed
- $1.48m
Aerial view
Imagery © Esri
The quick read on
Petrie Terrace
QLD 4000 · Brisbane
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median house
- $1,550,000
- Median unit
- $915,000
- Population
- 1,168
- Postcode
- 4000
latest suburb median
latest suburb median
ABS 2021
Petrie Terrace, Queensland
Property market insights for Petrie Terrace
Median sale price and rental income of properties in Petrie Terrace QLD
Median rent trend for houses
Based on 45 rental listings in the preceding 12 months
$850 per week
Up 6.3% over 12 months
Market data updated October 2026.
The median house price in Petrie Terrace, QLD is currently $1,550,000, based on the latest 12 months of sales. Petrie Terrace has a 12-month growth rate of 11.5% for houses and 33.6% for units.
Two-bedroom houses have a median sale price of $1,190,000, Three-bedroom houses have a median sale price of $1,480,000 in Petrie Terrace.
If you're looking to lease, the median rent for houses in Petrie Terrace is $850 per week. The median house rent has increased 6.3% over the last 12 months.
The median price of apartments and units for sale in Petrie Terrace is $915,000, which has increased 33.6% since the same time last year. Two-bedroom apartments and units have a median sale price of $915,000 in Petrie Terrace. The median rent for units and apartments in Petrie Terrace is $512 per week and has increased 7.8% over the last 12 months.
Crime and safety
Is Petrie Terrace safe?
The overall rate for Petrie Terrace is 3,055 offences per 100,000 residents — 149% above the Greater Brisbane benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Petrie Terrace.
Overall crime rate
3,055
offences per 100,000 residents
149% aboveGreater Brisbane
Petrie TerraceGreater Brisbane: 1,229
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Who lives in Petrie Terrace?
Petrie Terrace QLD 4000 is in Queensland, within Greater Brisbane.
1,168 people call Petrie Terrace home, with an average of 2.3 people per household and a median household income of $2,401 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
- Population
- 1,168
- Median age
- 31 years
- Median mortgage
- $2,665 / month
- 2021 household rent
- $435 / week
Above the benchmarkBelow the benchmarkIn lineGreater Brisbane benchmark
Age profile
Share of residents in each age band.
Under 157.1%Below
15–3449.2%Above
35–5428.3%Above
55–7412.6%Below
75 and over2.6%Below
Homes
Share of occupied private dwellings.
Separate houses75.2%Above
Townhouses4.5%Below
Apartments19.0%Above
Ownership
Share of homes with a stated ownership or rental status.
Owned outright19.9%Below
Paying a mortgage23.5%Below
Renting56.6%Above
Cars at home
Vehicles available to occupied households.
No car13.2%Above
One car44.2%Above
Two cars30.5%Below
Three or more12.1%Below
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home21.7%Above
Drove to work32.4%Below
Train, tram or bus7.3%Above
Walked or cycled16.5%Above
What stands out in Petrie Terrace
21.7% of workers in Petrie Terrace worked from home on Census day — noticeably more common than across Greater Brisbane.
3.2% of Petrie Terrace residents were born in England.
54.3% of people in Petrie Terrace described themselves as having no religion in the 2021 Census.
A closer look at the Census
Questions people ask about Petrie Terrace
Open any question for a plain-English reading of the public 2021 Census for Petrie Terrace QLD 4000.
Is Petrie Terrace family-friendly?Age, family structure and household size describe the community families would be joining.
7.1% of Petrie Terrace's residents were children under 15 in the 2021 Census. That is about half the Greater Brisbane rate.
239 family households lived in Petrie Terrace; 32.2% were couple families and 10.5% were one-parent families.
23.4% of local families included children under 15. That is well below the Greater Brisbane average.
These are suburb-wide household figures, not school or childcare ratings.
What is the age profile of Petrie Terrace?The balance between younger adults, families and older residents changes how a suburb feels day to day.
Petrie Terrace had 1,168 residents at the 2021 Census.
42.6% of residents were aged 25 to 44.
15.2% were 55 or older. That is well below the Greater Brisbane average.
Age shares use the suburb’s total Census population.
What kind of homes are in Petrie Terrace?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
Separate houses made up 75.2% of occupied private dwellings in Petrie Terrace.
Townhouses and other attached homes represented 4.5% of occupied private dwellings.
Flats and apartments accounted for 19.0% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
Do people own or rent in Petrie Terrace?Tenure shows how many households own outright, have a mortgage or rent.
19.9% of households with a stated tenure owned their home outright. That is well below the Greater Brisbane average.
23.5% were buying their home with a mortgage.
56.6% rented their home. That is well above the Greater Brisbane average.
Tenure shares include households that stated one of these three arrangements.
How large are households in Petrie Terrace?Household-size data shows the mix behind the suburb-wide average.
The average household in Petrie Terrace had 2.3 people.
One-person households made up 29.6% of occupied homes. That is somewhat above the Greater Brisbane average.
Two-person households represented 34.3%, while 16.8% had four or more usual residents.
Household size counts usual residents in occupied homes.
How do people get to work in Petrie Terrace?Census-day travel shows the balance between home, road, public transport and active travel.
21.7% of workers worked from home on Census day. That is somewhat above the Greater Brisbane average.
32.4% drove a car as their only travel method. That is well below the Greater Brisbane average.
7.3% used only a train, tram or bus, while 16.5% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
How many cars do households have in Petrie Terrace?Vehicle availability helps describe the routines local households can support.
13.2% of occupied households had no motor vehicle available. That is about twice the Greater Brisbane rate.
One-car households formed 44.2% of the total.
42.6% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
Who's moving to Petrie Terrace, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
33.0% were at the same address five years earlier, while 67.0% reported a different address.
23.2% of residents were born outside Australia. That is somewhat below the Greater Brisbane average.
Mobility figures cover residents who answered the relevant Census question.
What languages are spoken in Petrie Terrace?Language at home gives a direct view of the community’s everyday linguistic mix.
80.7% of residents used only English at home.
13.4% used a language other than English at home.
1.3% spoke Mandarin at home, 0.4% spoke Cantonese and 0.0% spoke Hindi.
Home language is separate from English proficiency.
Where were Petrie Terrace residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
23.2% of Petrie Terrace's population was born outside Australia, while roughly 76.8% was born in Australia.
1.2% of residents were born in China.
0.7% were born in India, while Australian citizenship across the whole suburb stood at 82.5%.
Birthplace, citizenship and ancestry describe different parts of identity.
What ancestries shape Petrie Terrace?Ancestry responses show how residents describe family and cultural background.
English ancestry accounted for 35.4% of ancestry responses in Petrie Terrace.
Australian ancestry made up 28.7% of responses.
Chinese ancestry represented 3.6% of responses.
People may nominate more than one ancestry, so these are shares of responses.
What work do people do in Petrie Terrace?Occupation describes a person’s role; industry describes the sector employing them.
36.8% of employed residents worked in professional occupations. That is well above the Greater Brisbane average.
Managers accounted for 16.2% of employed residents, while clerical and administrative workers made up 10.3%.
Health care and social assistance employed 11.7% of workers, and education and training employed 8.5%.
Occupation and industry figures describe employed residents of the suburb.
How active is the workforce in Petrie Terrace?Participation, employment pattern and unemployment describe the resident labour force.
The labour-force participation rate was 77.5%, compared with 64.5% across Greater Brisbane.
44.3% of residents aged 15 and over worked full time, while 20.7% worked part time.
Unemployment was 4.9%, compared with 5.5% across Greater Brisbane.
Labour-force figures come from the 2021 Census.
What does the health profile of Petrie Terrace show?Selected long-term health conditions help describe community service needs.
61.0% reported no selected long-term health condition.
13.2% reported a long-term mental health condition, including depression or anxiety.
8.6% reported asthma, 3.2% arthritis and 2.1% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
How educated is Petrie Terrace?Qualifications describe the study pathways represented among local residents.
41.6% of people in the qualifications table held a bachelor degree. That is well above the Greater Brisbane average.
Postgraduate degrees accounted for 13.2% of qualification responses.
Diploma-level qualifications represented 9.5%, while certificate-level qualifications represented 17.7%.
Qualification categories are reported separately and are not school ratings.
What do incomes and housing costs look like in Petrie Terrace?Census income and household payments give historical context for local living costs.
Median household income was $2,401 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $2,665.
Occupied renting households reported a median rent of $435 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
How does Petrie Terrace compare with Greater Brisbane?A few clear differences place the suburb in its wider metropolitan context.
Working from home was 21.7% in Petrie Terrace, compared with 17.4% across Greater Brisbane.
Outright ownership was 19.9% locally and 26.7% across Greater Brisbane. That is well below the Greater Brisbane average.
Renting accounted for 56.6% in Petrie Terrace, against 36.2% across Greater Brisbane.
Capital-region comparisons use the same Census definitions and year.
Three useful questions
A buyer’s quick guide to Petrie Terrace
Is Petrie Terrace expensive?
The median house price is $1,550,000, while units and apartments sit at $915,000. Bedroom count, land and condition still create a wide range around those suburb medians.
Is Petrie Terrace good for families?
The Census counted 239 local families, and 7.1% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
What can I get for $1.5m in Petrie Terrace?
3-bedroom houses have a median around $1,480,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Streets and suburbs around Petrie Terrace
40 streets in Petrie Terrace
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Auburn St
- Avon St
- Ayr St
- Belgrave St
- Cathie St
- Caxton St
- Chapel St
- Clifton St
- Clyde St
- Countess St
- Cricket St
- Crown St
- Earl St
- Hale St
- Jessie St
- Judge St
- Lutwyche St
- Melford St
Show all 40 streetsShow fewer streets
- Menzies St
- Milton Rd
- Mountjoy St
- Musgrave Rd
- Ormonde St
- Petrie Tce
- Pratten St
- Princess St
- Regent Ln
- Regent St
- Rutland St
- Sackville St
- Saint James St
- Secombe St
- Sexton St
- Shannon St
- Sheriff St
- Terrace St
- Upper Roma St
- Weetman St
- Wellington Ln
- Wellington St
12 suburbs surrounding Petrie Terrace
Compare nearby suburb prices, rents and five-year market trends.
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Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Read the thinking
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.