“Quiet and peaceful despite being close to the city as there are no roads going through the suburb, only those ones that border it (Milton and Musgrave Roads, Hale Street and Petrie Terrace)” – Petrie Terrace home owner
- Adjoining the CBD, historic Petrie Terrace is one of Brisbane’s earliest landmarks
- Known as Green Hills from 1860, it was declared a suburb in 2010 and has a 4000 postcode
- Just 0.33 square kilometres in size, it’s the smallest suburb in Brisbane’s LGA
- Subdivision for housing began in 1861, with lots as little as seven perches (177sqm)
- There are only 407 homes and no residential high-rises, which is rare so close to the city
- It’s in the Petrie Terrace State School and Kelvin Grove State College catchment
- Near QUT Kelvin Grove Campus, Brisbane Grammar and Brisbane Girls’ Grammar schools
- Stroll to The Barracks, Suncorp Stadium, Roma Street Station and Roma Street Parkland
- Highly ranked in the Domain Liveable Brisbane study by Deloitte Access Economics & Tract Consultants (2019)
- Median house price of $835,000 (as of August 2020) offers terrific buying opportunities
Petrie Terrace has a chequered past, with ties to overcrowding, poverty, larrikinism and raucous nightlife, which goes back to the 1890s. During the 1970s, it was the haunt for punk and post punk musicians, who played at the heritage listed Baroona Labor Hall in Caxton Street. Over the years, it has evolved into a desirable locale for families, downsizers, young homeowners and professionals.
Hilly in parts, the narrow streets are lined with timber and tin workers’ cottages, colonial homes plus a sprinkling of terrace houses. In all forms, they are either renovated, modernised or virtually untouched. Thanks to the locals, many significant properties have been saved and are listed on the Queensland Heritage Register.
Backed by a high percentage of sales in the area, Jonzun is a trusted market specialist to contact for advice, regarding buying and selling in Petrie Terrace.
“ We have felt privileged to live here in a house that goes back two centuries to the 1800s. Houses like ours with the land we have are just so rare and so we have felt more like custodians than owners.” – Petrie Terrace home owner