A thriving, vibrant precinct located on the edge of the city, The Barracks presents a unique opportunity for business to blend work and lifestyle. Located at the top of Brisbane's bustling Caxton Street, The Barracks is home to a host of cafes and restaurants, including Moda and Libertine, as well as shops (such as Coles, The Barracks Pharmacy/Doctor Surgery, Flight Centre) and Palace Cinemas.
This accessible, highly visible and desirable location is home to the Barracks Commercial development which includes the likes of Hatch and Southern Cross Austereo. The current availability in the heritage building offers tenants the opportunity to occupy one of Brisbane's most unique office spaces, steeped in history.
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 636 properties. Over the last 5 years, Houses in Petrie Terrace have seen a 54.64% increase in median value, while Units have seen a 14.62% increase. As at 31 October 2024:
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