October 2026 data · Brisbane · QLD
Petrie Terrace house prices: median price and growth
- Median house
- $1.60m ▲ +16.8% in 12 months
- Median unit
- $1.01m Too few sales for a change
The median house price in Petrie Terrace is $1.60m (October 2026), up 16.8% over 12 months. Units have a median of $1.01m. That puts Petrie Terrace above the typical Brisbane suburb ($1.24m) and number 6 of the 10 suburbs around it.
Median house price
- $2.25M+
- $2M–$2.25M
- $1.75M–$2M
- $1.5M–$1.75M
- $1.25M–$1.5M
- $1M–$1.25M
- $750K–$1M
- $500K–$750K
- <$500K
Petrie Terrace price changes
| Type | Median | 3 mo | 6 mo | 12 mo |
|---|---|---|---|---|
| House | $1.60m | ▲ +3.2% | ▲ +18.5% | ▲ +16.8% |
| Unit | $1.01m | – | – | – |
Changes compare the median with three, six and twelve months earlier. A dash means too few sales for a reliable figure. How these figures are worked out.
Petrie Terrace compared with nearby suburbs
Suburbs within about 1 km of Petrie Terrace, dearest house median first. Select a column heading to sort.
| House | Unit | |||||||
|---|---|---|---|---|---|---|---|---|
| Paddington | $2.38m | ▲ +1.1% | ▲ +6.7% | ▲ +15.9% | $1.15m | ▲ +13.9% | ▲ +19.6% | ▲ +39.6% |
| Spring Hill | $2.29m | ▲ +15.5% | ▲ +38.9% | ▲ +50.8% | $743k | ▲ +3.1% | ▲ +6.1% | ▲ +23.1% |
| West End | $2.15m | ▲ +3.6% | ▲ +3.9% | ▲ +15.0% | $933k | ▼ −0.5% | ▲ +1.4% | ▲ +9.7% |
| Red Hill | $1.85m | ▲ +2.2% | ▲ +5.1% | ▲ +5.1% | $985k | ▲ +1.3% | ▲ +6.9% | ▲ +11.2% |
| Herston | $1.66m | ▼ −1.2% | ▼ −13.5% | ▼ −6.7% | $795k | ▲ +0.4% | ▲ +3.2% | ▲ +1.6% |
| Petrie Terrace | $1.60m | ▲ +3.2% | ▲ +18.5% | ▲ +16.8% | $1.01m | – | – | – |
| Kelvin Grove | $1.57m | ▼ −1.7% | ▲ +4.1% | ▲ +13.1% | $828k | ▲ +0.9% | ▲ +8.9% | ▲ +25.4% |
| Brisbane City | $1.35m | ▲ +12.1% | ▼ −64.2% | ▲ +33.4% | $785k | ▲ +1.8% | ▲ +4.7% | ▲ +8.7% |
| Milton | $1.35m | ▼ −31.1% | ▼ −26.2% | ▼ −31.1% | $793k | ▲ +1.7% | ▲ +4.3% | ▲ +25.9% |
| South Brisbane | $765k | – | – | – | $835k | ▲ +6.1% | ▲ +9.2% | ▲ +19.1% |
Living in Petrie Terrace
From the 2021 ABS Census: Petrie Terrace against the Brisbane council area and QLD. Council and state percentages count all their residents; their medians are the middle suburb by population.
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| Figure | Petrie Terrace | Brisbane (council) | QLD |
|---|---|---|---|
| People | |||
| Population | 1,168 | 1,244,973 | 5,156,239 |
| Median age | 31 | 36 | 38 |
| Families with children | 🔒 | 🔒 | 🔒 |
| Born overseas | 23.2% | 31.8% | 22.7% |
| Language other than English at home | 🔒 | 🔒 | 🔒 |
| Work and education | |||
| Median household income | $2,401/wk | $2,059/wk | $1,738/wk |
| Median personal income | 🔒 | 🔒 | 🔒 |
| Professionals and managers | 🔒 | 🔒 | 🔒 |
| Unemployment | 🔒 | 🔒 | 🔒 |
| Bachelor degree or higher | 🔒 | 🔒 | 🔒 |
| Completed Year 12 | 🔒 | 🔒 | 🔒 |
| Housing | |||
| Owned outright | 🔒 | 🔒 | 🔒 |
| Owned with a mortgage | 🔒 | 🔒 | 🔒 |
| Rented | 55.3% | 38.3% | 33.1% |
| Separate houses | 🔒 | 🔒 | 🔒 |
| Flats and apartments | 🔒 | 🔒 | 🔒 |
| Median weekly rent | 🔒 | 🔒 | 🔒 |
| Median mortgage repayment | 🔒 | 🔒 | 🔒 |
| Advantage | |||
| SEIFA advantage (IRSAD), Australian decile | 🔒 | 🔒 | 🔒 |
🔒 Age, occupation and ancestry breakdowns for Petrie Terrace, its council and QLD
Source: ABS Census of Population and Housing 2021. More figures, maps and the 2016 Census are in Location Insights.
Common questions
What is the median house price in Petrie Terrace?
The median house price in Petrie Terrace was $1.60m in October 2026, up 16.8% on a year earlier. The typical Brisbane suburb median was $1.24m.
What is the median unit price in Petrie Terrace?
The median unit price in Petrie Terrace was $1.01m in October 2026.
Is Petrie Terrace more expensive than nearby suburbs?
Of the 9 neighbouring suburbs with a median house price, 5 are dearer than Petrie Terrace and 4 are cheaper or the same.
Where does this data come from?
Prices come from REA sales data for October 2026, all bedroom counts, refreshed monthly. Medians cover sales over the past 12 months; changes are shown only where at least 10 homes of that type sold.