Petrie at a glance
9,226
People
$1,022,500
Median sale
$632/wk
Median rent
3.21%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
$1,000,000
Last sold
21 Oct 2025
3
Bedrooms
1
Bathrooms
4
Car spaces
850 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
$1,000,000
21 Oct 2025 · 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
$1,022,500
Median sale
$632/wk
Median rent
3.21%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Vs Petrie
-2.2%
Median sale
Suburb $1,022,500
+0.08 pp
Gross yield
Suburb 3.21%
Suburb median $1,022,500 from 68 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
$1,022,500
Median sale
$632/wk
Median rent
3.21%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Blac Property GroupWelcome to 12 Reid Street, Petrie! A rare chance to secure a generous 850sqm block positioned within the highest residential density zoning in Moreton Bay City Council. Just moments from the UniSC Moreton Bay campus, Petrie Train Station and local shops, this property offers outstanding potential for developers, investors or future-minded buyers looking to capitalise on the region's growth.
Whether you're considering a multi-dwelling project, a buy-and-hold investment, or landbanking for future upside, the location and zoning here put you in the box seat. With strong demand driven by the expanding university precinct and easy transport links to Brisbane and the Sunshine Coast, this is an address where opportunity meets convenience.
The existing home provides immediate functionality while plans for redevelopment take shape. Inside you'll find three bedrooms (including a primary bedroom with its own private sunroom), a central kitchen with adjoining living and dining areas, a separate multipurpose room, internal laundry, and a separate toilet. There's also plenty of parking with space for four cars, making the home practical to occupy or lease as you prepare for what's next.
Location Highlights:
• 850sqm block in highest residential density zoning
• Large, usable backyard in a quiet, established street
• Walk to Petrie Train Station and UniSC Moreton Bay campus
• Outstanding development or investment potential in a thriving growth corridor
• Prime position in Moreton Bay's fastest-growing hub
• Short walk to Petrie Train Station (direct line to Brisbane CBD)
• Close to UniSC Moreton Bay - attracting students, staff and strong rental demand
• Nearby Petrie State School, multiple primary & secondary schooling options, and childcare
• Shops, cafes, parks and recreation facilities all within easy reach
Property Features:
• 3 bedrooms with built-in robes + 1 bathroom with separate toilet
• Primary bedroom with private sunroom retreat
• Central living and dining with adjoining kitchen
• Additional multipurpose room ideal for office or hobby space
• Internal laundry
• Four car spaces plus off-street parking
This is an unmissable opportunity to secure land in a high-density zone with huge development potential in the heart of Petrie's growth corridor. With the house providing immediate rental or living options, 12 Reid Street is primed for both short-term practicality and long-term gain. Contact Antony on 0488 707 648 or Murray on 0498 333 604 today to discuss the development potential and arrange your inspection.
Disclaimer:
All care has been taken to ensure accuracy in marketing this property. However, photography, digital enhancements, and written descriptions are for illustrative purposes only.
Prospective buyers are advised to undertake their own independent enquiries to satisfy themselves of the property's features.
This property is advertised for sale without a price and as such, a price guide cannot be provided.
The website may have filtered the property into a price bracket for website functionality purposes.
Please do not make any assumptions about the sale price of this property based on website price filtering.
Listing description written by Antony Thompson, Blac Property Group — reproduced as published, not verified by Districts.