Petrie at a glance
9,226
People
$1,020,000
Median sale
$632/wk
Median rent
3.22%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
QLD › Petrie › Armstrong St
$645,000
Last sold
26 Sept 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
607 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$645,000
26 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Petrie (last 5 years) with land size have a median of $1,201/m² of land (n=137). Districts calculation from recorded sales — not a valuation.
Petrie at a glance
9,226
People
$1,020,000
Median sale
$632/wk
Median rent
3.22%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
Vs Petrie
-36.8%
Median sale
Suburb $1,020,000
+1.88 pp
Gross yield
Suburb 3.22%
Suburb median $1,020,000 from 69 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $632/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Petrie at a glance
9,226
People
$1,020,000
Median sale
$632/wk
Median rent
3.22%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Pinnacle - AspleyUnlock the incredible potential of this weatherboard lowset home on a spacious 607m² land, perfectly positioned in a prime location. Whether you're seeking to renovate or rebuild, this property offers a blank canvas to create your dream home. Situated close to top-rated schools, amenities, shopping centres, and public transport, this home promises convenience and a vibrant lifestyle in one of the most sought-after areas.
At the entrance, a charming front porch welcomes you, guiding you to the front door. Step inside to find a spacious living room with hardwood floors and air conditioning, providing a comfortable living space. The home includes three good-sized bedrooms, two of which feature built-in robes and ceiling fans. The large kitchen stands out with stone benchtops and stainless-steel appliances. The main bathroom is equipped with a good-sized shower, catering to your family's needs. For added convenience, the laundry and an additional toilet are located outside, perfect for busy mornings. Outside, a large backyard with side access allows for a drive-through to an undercover carport. This expansive outdoor space presents numerous possibilities for entertaining, gardening, or simply relaxing in your private oasis.
Key Features:
- Inviting front porch
- Spacious lounge room with hardwood floors and air conditioning
- Large kitchen space with stone benchtops
- Three good-sized bedrooms, two with built-in robes and ceiling fans
- Main bathroom with large shower
- Laundry and additional toilet outside
- Large backyard with side access
- Undercover carport
Location:
- 600m to Petrie Train Station (8 min or less walk) – access to express services
- 1km to University of Sunshine Coast – Moreton Bay Campus (13 min or less walk)
- 28km to Brisbane CBD
- 450m to Woolworths
- 350m to Our Lady of the Way Catholic Primary School (4 min or less walk)
- 700m to Petrie State School
- 100m to Living Faith Early Learning Centre
- 300m to Petrie Early Learning Centre
- 700m Mt Maria Petrie College
- 4km to Pine Rivers State High School
- 5.6km to Pine Rivers Golf Club
- Walk to bus stops
This property presents a rare opportunity to secure a home in a prime location with the flexibility to renovate or rebuild to suit your vision. Don't miss out on the chance to transform this house into your perfect home, contact the Catherine White team today!
Listing description written by Catherine White, Harcourts Pinnacle - Aspley — reproduced as published, not verified by Districts.