Petrie

Petrie is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

Petrie's population, as of November 2025, is approximately 9,141 people. This figure represents an increase of 406 individuals since the 2021 Census, which reported a population of 8,735 people. The rise in population is inferred from the estimated resident population of 9,128 as of June 2024 and an additional 36 validated new addresses since the Census date. This results in a population density ratio of 1,356 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Natural growth contributed approximately 53.8% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered and years post-2032, Queensland State Government's SA2 area projections are used, released in 2023 based on 2021 data. However, these state projections lack age category splits; thus, AreaSearch applies proportional growth weightings aligned with ABS Greater Capital Region projections for each age cohort, released in 2023 using 2022 data. Looking ahead, a population increase just below the median of national areas is anticipated by 2041, with an expected expansion of 927 persons and a total increase of 10.0% over the 17 years based on the latest annual ERP population numbers.

Residential development activity is lower than average in Petrie according to AreaSearch's national comparison of local real estate markets

Petrie has recorded approximately 9 residential properties granted approval annually over the past five financial years. Specifically, from FY-21 to FY-25, 45 homes were approved, with a further 3 approved so far in FY-26. This results in an average of around 5.4 new residents arriving per dwelling constructed each year during this period.

Consequently, demand significantly exceeds new supply, typically leading to price growth and increased buyer competition. The average construction value for new dwellings is approximately $339,000. In comparison to Greater Brisbane, Petrie has notably less development activity, being 81.0% below the regional average per person. This constrained new construction tends to reinforce demand and pricing for existing properties. However, development activity has shown an increase in recent periods. The breakdown of new building activity in Petrie shows 29.0% detached dwellings and 71.0% attached dwellings. This shift towards denser development provides accessible entry options, appealing to downsizers, investors, and entry-level buyers.

This represents a significant change from the current housing mix, which is predominantly houses (87.0%). This trend reflects reduced availability of development sites and addresses shifting lifestyle demands and affordability requirements. Petrie's population density is around 950 people per dwelling approval, indicating a highly mature market. According to AreaSearch's latest quarterly estimate, Petrie is expected to grow by approximately 914 residents through to 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.

Petrie has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Area infrastructure changes significantly impact local performance. AreaSearch identified 16 projects potentially affecting the area. Notable ones are Petrie Central Retail and Residential Precinct Expansion, Pantex Student Accommodation - Young Street, 50-52 Connors Street Apartments, and Moreton Bay Central (The Mill) - Knowledge and Innovation Precinct. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Petrie shows employment indicators that trail behind approximately 70% of regions assessed across Australia

Petrie's workforce is skilled with notable representation in essential services sectors. The unemployment rate was 8.5% as of September 2024, with an estimated employment growth of 3.6% over the past year.

As of September 2025, 4,990 residents are employed while the unemployment rate is 4.5%, higher than Greater Brisbane's rate of 4.0%. Workforce participation in Petrie is 66.5%, slightly higher than Greater Brisbane's 64.5%. Employment is concentrated in health care & social assistance, retail trade, and construction. Retail trade has a particularly strong presence with an employment share of 1.3 times the regional level.

However, professional & technical services employ only 6.4% of local workers, lower than Greater Brisbane's 8.9%. The predominantly residential area appears to offer limited local employment opportunities as indicated by the count of Census working population versus resident population. Between September 2024 and September 2025, employment levels increased by 3.6% while labour force grew by 5.0%, leading to a rise in unemployment rate by 1.3 percentage points. In comparison, Greater Brisbane recorded employment growth of 3.8% with a decrease in unemployment rate by 0.5 percentage points. State-level data from 25-Nov-25 shows Queensland's employment contracted by 0.01%, with an unemployment rate of 4.2%. National employment forecasts from May-25 project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Petrie's employment mix suggests local employment should increase by 6.4% over five years and 13.3% over ten years, though this is a simple extrapolation for illustrative purposes and does not account for localized population projections.

The economic profile demonstrates above-average performance, with income metrics exceeding national benchmarks based on AreaSearch comparative assessment

AreaSearch reports median taxpayer income in Petrie SA2 was $54,189 and average income was $61,474 in financial year 2022. These figures are lower than national averages of $55,645 and $70,520 for Greater Brisbane respectively. As of September 2025, estimated median income is approximately $61,770 and average income is around $70,074, based on a 13.99% growth in Wage Price Index since financial year 2022. According to the 2021 Census, incomes in Petrie cluster around the 53rd percentile nationally. Income distribution shows that 40.0% of individuals earn between $1,500 and $2,999, aligning with regional levels where this cohort represents 33.3%. Housing costs consume 15.4% of income in Petrie, but strong earnings place disposable income at the 58th percentile nationally. The area's SEIFA income ranking places it in the 5th decile.

Petrie is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

The dwelling structure in Petrie, as per the latest Census, consisted of 86.7% houses and 13.3% other dwellings (semi-detached, apartments, 'other' dwellings). In contrast, Brisbane metro had 78.9% houses and 21.2% other dwellings. Home ownership in Petrie stood at 25.6%, similar to Brisbane metro's figure. Dwellings were either mortgaged (44.2%) or rented (30.2%). The median monthly mortgage repayment was $1,725, higher than the Brisbane metro average of $1,625. The median weekly rent in Petrie was $360, matching Brisbane metro's figure. Nationally, Petrie's mortgage repayments were lower than the Australian average of $1,863, and rents were less than the national figure of $375.

Petrie features high concentrations of family households, with a higher-than-average median household size

Family households constitute 77.9% of all households, including 35.1% couples with children, 28.4% couples without children, and 13.4% single parent families. Non-family households comprise the remaining 22.1%, with lone person households at 19.0% and group households making up 3.1%. The median household size is 2.7 people, larger than the Greater Brisbane average of 2.6.

Educational attainment in Petrie aligns closely with national averages, showing typical qualification patterns and performance metrics

The area's university qualification rate is 20.2%, significantly lower than Greater Brisbane's average of 30.5%. Bachelor degrees are the most common at 14.3%, followed by postgraduate qualifications (3.4%) and graduate diplomas (2.5%). Vocational credentials are prominent, with 40.0% of residents aged 15+ holding them - advanced diplomas (11.6%) and certificates (28.4%). Educational participation is high, with 29.2% of residents currently enrolled in formal education.

This includes 10.1% in primary education, 8.3% in secondary education, and 5.0% pursuing tertiary education.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Petrie has 28 active public transport stops, serving a mix of train and bus services. These stops are covered by 85 individual routes, which together facilitate 3,573 weekly passenger trips. Residents enjoy good transport accessibility, with an average distance of 235 meters to the nearest stop.

On average, there are 510 trips per day across all routes, translating to around 127 weekly trips per stop.

Health performance in Petrie is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts

Petrie faces significant health challenges, with common health conditions prevalent among both younger and older age cohorts. Private health cover is relatively low at approximately 51% of the total population (~4,625 people), compared to 48.5% across Greater Brisbane.

The most common medical conditions are mental health issues affecting 11.6% of residents and asthma impacting 9.1%. A total of 64.7% declare themselves completely clear of medical ailments, compared to 63.8% across Greater Brisbane. As of June 2021, the area has 14.8% of residents aged 65 and over (1,350 people).

Petrie ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Petrie's population showed low cultural diversity, with 80.6% born in Australia, 89.5% being citizens, and 93.9% speaking English only at home. Christianity was the predominant religion, accounting for 46.2%, compared to 48.8% across Greater Brisbane. The top three ancestry groups were English (30.8%), Australian (27.4%), and Irish (8.8%).

Notably, New Zealanders were overrepresented at 1.3% in Petrie versus the regional 1.1%. Maori representation was also higher at 1.3%, compared to 1.4% regionally, while Welsh residents comprised 0.8%, slightly above the regional average of 0.5%.

Petrie's population is slightly younger than the national pattern

Petrie's median age is 38 years, slightly higher than Greater Brisbane's 36 but equal to Australia's national figure of 38 years. The 55-64 age group is strongly represented at 12.5%, compared to Greater Brisbane, while the 25-34 cohort is less prevalent at 11.8%. Between 2021 and present, the 75-84 age group has increased from 3.5% to 4.5% of Petrie's population. Conversely, the 45-54 age group has decreased from 14.9% to 13.6%. By 2041, demographic projections indicate significant shifts in Petrie's age structure. The 75-84 group is projected to grow by 66%, reaching 682 people from the current 411. This growth will contribute significantly to the overall increase of those aged 65 and above, who are expected to comprise 58% of Petrie's population growth by 2041. Conversely, the 0-4 and 35-44 age cohorts are projected to experience population declines.