As a top Brisbane buyers agent, we’ve always got our finger on the pulse of the Brisbane property market. Check out what’s happening in Petrie.
A major expansion of the University of Sunshine Coast (USC) Petrie campus in the Moreton Bay region has been approved by council.
The expansion will include the addition of three three-storey buildings at Moreton Parade in Petrie close to the Petrie Railway Station, on the site of the former Petrie Mill.
The buildings will include teaching and research spaces, administration offices, a carpark and sports facilities, and will be situated opposite the University’s foundation building that opened in 2020.
The new buildings will cater for the growing student population, and will be transformative for both the University, Petrie and the Moreton Bay region.
Construction on the new buildings has started, with completion expected for 2023.
Market Snapshot – Petrie
| Median house price | House average annual price growth | Houses sold over past 12 months | Median Unit price | Unit average annual price growth | Units sold over the past 12 months | Demand level | Population | Median age of residents | % of renters |
| $568,250 | 3.14% | 194 | $312,500 | 8.34% | 35 | Very Good (H) & Good (U) | 8,674 | 36 | 26.1% |
Source: CoreLogic, ABS 2016 Census, www.dsrdata.com.au
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