5 Taylor Street, Petrie, QLD 4502 | House for sale | OnTheHouse
 
FOR SALE
Offers Over $989,000

5 Taylor Street
Petrie QLD 4502

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 630m2
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PRIME PETRIE 3-BEDROOM HOME - IMMEDIATE DEVELOPMENT OPPORTUNITY

A rare 630m² landholding inside one of South East Queensland's most significant urban renewal zones. Positioned within the Mill Central precinct of The Mill at Moreton Bay Priority Development Area, 5 Taylor Street, Petrie, offers astute buyers, builders and developers a genuine foothold in Petrie's next chapter: a 460-hectare transformation projected to deliver 6,000 local jobs and $950M in annual economic activity over the next 15-20 years.
The Opportunity
• 630m² block in The Mill central residential focus area
• Minimum site density of 75 dwellings per hectare under the PDA Development Scheme
• Building heights of up to 27 metres permitted in this precinct
• Scope for high and medium density residential, mixed-use or SOHO-style development (STCA)
• Existing 3-bedroom highset home offers rental income or a liveable holding position while you plan
• Zoned Residential B(PR) - 860, Moreton Bay Council
Why Petrie, Why Now
Petrie’s median house value hit $1.05M in April 2026 - up 21.6% in just 12 months — with homes moving in a median of just 12 days. The catalysts are stacking up: the USC Moreton Bay campus is scaling toward 10,000 students, the Moreton Bay Indoor Sports Centre at The Mill is a confirmed 2032 Olympic venue with construction underway now, and Petrie Station puts the CBD 30 minutes away by rail. Add a structural undersupply of housing across South East Queensland, and PDA-zoned land like this becomes increasingly scarce.
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Property Details for 5 Taylor St, Petrie

5 Taylor St, Petrie is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 630m2. The place is currently for sale with Affinity Property Australia.

Building Type
House
Land Size
630m2
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About Petrie 4502

The size of Petrie is approximately 6.6 square kilometres. There are 32 parks, covering nearly 17.5% of the total area. The population of Petrie in 2016 was 8674 people. By 2021 the population was 8722 showing a population growth of 0.6% in the area during that time. The predominant age group in Petrie is 40-49 years. Households in Petrie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Petrie work in a professional occupation.In 2021, 68.60% of the homes in Petrie were owner-occupied compared with 71.90% in 2016.

Petrie has 3,648 properties. Over the last 5 years, Houses in Petrie have seen a 102.75% increase in median value, while Units have seen a 160.81% increase. As at 31 May 2026:

  • The median value for Houses in Petrie is $1,073,356 while the median value for Units is $792,213.
  • Houses have a median rent of $630 while Units have a median rent of $550.
There are currently 28 properties listed for sale, and 10 properties listed for rent in Petrie on OnTheHouse. According to Cotality's data, 156 properties were sold in the past 12 months in Petrie.

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Sean Mccreanor
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Affinity Property Australia
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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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