Whether buying, renting or investing in Petrie Terrace, QLD 4000, it's crucial to understand if the area meets your real estate requirements. The Homes.com.au suburb profile focuses on providing the best information on Petrie Terrace property prices, market trends & demographics so that we can help you make an informed decision about your future property purchase.
If you're considering a move to Petrie Terrace, keep reading for a brief historical overview to learn more about the amazing lifestyle and what makes this suburb so popular.
Overview Petrie Terrace is an inner suburb located in Brisbane City, Queensland, Australia. What makes it interesting is the proximity (2km) to Brisbane’s CBD. Hale Street is the precinct border in the west, while Countess Street borders the east. Milton Road borders the south, and the Musgrave Road borders the north. The population of the inner suburb as per the 2016 census is 1,124.
Living in Petrie Terrace Petrie Terrace has everything for everyone, making it a suitable location for individuals, families, and retirees to settle down. The region has a famous pub named Hotel LA, which began its operation in 1870. In addition, the precinct has celebrated the Caxton Street seafood and wine festival every year on the Labour Day weekend since 1994. Likewise, the Albert Park Flexi School is the only school. However, several educational institutions are present in the surrounding suburbs.
History of Petrie Terrace The precinct received its name from the road of the same name, which was named after the Petrie family. In 1865, the Queensland Government sold around 31 town lots around the region. In December the same year, Lincoln Estate, a subdivision of Parish of Enoggera, County of Stanley, was advertised for auction by Arthur Martin & Co.
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