15 Melford Street

Petrie Terrace QLD 4000

The size of Petrie Terrace is approximately 0.3 square kilometres. It has 2 parks covering nearly 6.4% of total area. The population of Petrie Terrace in 2011 was 1,183 people. By 2016 the population was 1,134 showing a population decline of 4.1% in the area during that time. The predominant age group in Petrie Terrace is 20-29 years. Households in Petrie Terrace are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Petrie Terrace work in a professional occupation. In 2011, 39.7% of the homes in Petrie Terrace were owner-occupied compared with 38.9% in 2016.

Petrie Terrace has 642 properties. Over the last 5 years, Houses in Petrie Terrace have seen a 64.79% increase in median value, while Units have seen a 1.76% increase. As at 31 July 2024:

• The median value for Houses in Petrie Terrace is $1,337,770 while the median value for Units is $588,201.
• Houses have a median rent of $750 while Units have a median rent of $435.