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QLD › Petrie › Houghton St

U1, 9 Houghton St, Petrie QLD 4502

For saleUnit

$730,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

137 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $730,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $730,000(Listing record · 5 Aug 2026)
  • CalculationAsk is 29% below the Petrie median recorded sale ($1,022,500, n=68, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Petrie's advertised median rent ($632/wk), implied gross yield would be 4.50% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$730,000

Asking · $5,328/m² of land

No recorded sale for this property.

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.

See the full Petrie report →

Vs Petrie

-28.6%

Median sale

Suburb $1,022,500

+1.29 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.

Total cost to purchase

Purchase Price
$730,000
Stamp Duty (Queensland)
$25,875
Transfer/Registration Fee
$2,809
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$762,384

$32,384 on top of the price (4.4% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Petrie's advertised median rent — not a rent for this listing.

Net yield
3.00%
Annual cashflow (pre-tax)
$-16,046
Interest cover (DSCR)
0.58
Annual rent
$32,864
Operating expenses
$10,950
Loan amount
$584,000
Annual interest
$37,960
Gross yield
4.50%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$730,000available5 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Petrie in one glance

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.

See the full Petrie report →

Keep researching

  • Why Petrie? Read the area thesis →
  • What else is on the market in Petrie →
  • Other records on Houghton St →

Listing material

Listed by Cara Bergmann Properties

Ground Floor Living with Elevated Bushland Views in Petrie's Most Sought After Complex

Positioned within the tightly held 'Petrie on the Park' complex, this beautifully presented ground floor apartment offers a lifestyle of peace, privacy and convenience. Overlooking the heritage-listed Sweeney Reserve, this is a rare opportunity to secure one of the few end apartments in the complex, combining the ease of low-maintenance living with an exceptional elevated bushland outlook.

Whether you're purchasing your first home, downsizing without compromising on space, or adding a quality investment to your portfolio, this home delivers the perfect balance of comfort, practicality and location.

Step inside to discover a light filled open plan design featuring quality hybrid flooring throughout the living spaces, a dedicated study nook and a modern kitchen complete with stone benchtops, soft close cabinetry, ample storage and additional power points for everyday convenience. The spacious living and dining area flows effortlessly through oversized sliding doors onto the elevated expansive covered deck, creating an inviting indoor-outdoor entertaining space surrounded by established greenery.

Read the full description

The thoughtfully designed floorplan offers excellent separation between the bedrooms. The generous master suite enjoys direct access to the rear deck, built-in wardrobe, air-conditioning and private ensuite, while the second bedroom is positioned at the opposite end of the apartment with its own private courtyard access and convenient access to the second bathroom. Both bathrooms are well-appointed with oversized walk-in showers, new rainfall shower heads and handheld fittings, making them practical for all ages.

Outside, the oversized covered deck is undoubtedly one of the home's standout features. Elevated above the reserve, it provides a peaceful place to entertain family and friends, enjoy your morning coffee amongst the trees or simply unwind while taking in the tranquil outlook. The front courtyard offers another private outdoor space and includes a handy garden shed, while established gardens enhance the feeling of privacy throughout.

Residents of Petrie on the Park enjoy beautifully maintained grounds, an in-ground swimming pool, walking paths and a welcoming community atmosphere, all within one of Petrie's most desirable residential complexes.

Perfectly positioned, everything you need is just moments away. Walk to Woolworths, cafés, bakeries, pharmacies, Petrie Railway Station, the University of the Sunshine Coast Moreton Bay Campus, local schools, the Petrie Tavern and kilometres of walking and cycling trails through Sweeney Reserve. With Brisbane CBD, North Lakes, Redcliffe and Bribie Island all easily accessible, this location offers exceptional lifestyle and investment appeal.

Features You'll Love:

• Ground floor end apartment with an elevated peaceful bushland outlook

• Two spacious bedrooms with built-in wardrobes

• Two modern bathrooms with oversized walk-in showers

• Master bedroom with ensuite and direct deck access

• Open plan living and dining flowing to the outdoor entertaining area

• Stylish kitchen with stone benchtops and soft-close cabinetry

• Dedicated study nook ideal for working from home

• Hybrid flooring throughout

• Split system air-conditioning to the living area and master bedroom

• Ceiling fans and modern fan lights throughout

• Expansive covered entertaining deck overlooking Sweeney Reserve with outdoor fan lights

• Private front courtyard with garden shed

• Covered car accommodation

• Inground swimming pool within the complex

• NBN connected

• Quiet, owner-occupied complex with beautifully maintained gardens

Approximate Fees Per Quarter:

• Rates $416.15

• Water $330.79

• Electricity $180.73

Body Corporate Fees Per Quarter:

• Sinking Fund Contributions: $239.90

• Admin Fund: $744.60

• Insurance: $165.00

• Balance amount in Sinking Fund (as at date of certificate) $182,381.72

***Rental Appraisal and Building & Pest report available upon request

Location Highlights:

• Overlooking heritage-listed Sweeney Reserve

• Walking distance to Woolworths, cafés, medical facilities and Petrie Marketplace

• Approximately 5-10 minutes' walk to Petrie Railway Station

• Moments from the University of the Sunshine Coast Moreton Bay Campus

• Close to Petrie State School, Our Lady of the Way and Mt Maria College

• Easy access to North Lakes, Strathpine, Redcliffe and Brisbane CBD

Offering an unbeatable combination of lifestyle, location and low-maintenance living, this exceptional apartment presents a rare opportunity within one of Petrie's most tightly held communities. Whether you're searching for your first home, a peaceful downsizer or a smart investment in a thriving growth corridor, this is one you won't want to miss.

Cara Bergmann Properties provides expert property management services tailored to your needs. Whether you're thinking of renting out your property, exploring new investment opportunities our dedicated Property Management team is here to help. Contact us today!

***All information contained herein is gathered from sources we believe to be reliable, however we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Listing description written by Cara Bergmann, Cara Bergmann Properties — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.