Petrie Suburb Profile | Property Market & Development Guide | ACRES

Q: What does ACRES do?

ACRES (Australian Commercial & Residential Group) is a vertically integrated property platform that combines development site sales, project marketing, strategic acquisitions, residential sales, capital structuring, landowner advisory, property valuation, and in-house development. The business operates across South-East Queensland including Brisbane, Gold Coast, and the Sunshine Coast.

Q: What areas does ACRES cover?

ACRES operates across South-East Queensland covering Brisbane, Gold Coast, Sunshine Coast, Ipswich, Logan, Moreton Bay, and the Redlands. The business maintains suburb intelligence profiles for over 100 suburbs with detailed market data, median prices, growth trends, and planning overlays.

Q: How does ACRES sell development sites?

ACRES operates upstream of traditional agency. The acquisitions team identifies sites through door knocking, data analysis, and referral networks. Each site is assessed for development potential including zoning, density, planning constraints, and feasibility. Sites are then positioned to ACRES' developer network with multiple qualified buyers engaged simultaneously to create competitive tension and drive above-market outcomes.

Q: What is ACRES' commission structure?

ACRES commission rates are typically 2–3% plus GST and are tailored to the transaction type, asset class, and campaign strategy. Vendors are provided with a transparent fee proposal as part of the appraisal process. Contact ACRES for a tailored quote.

Q: Does ACRES offer free property valuations?

Yes. ACRES offers a free online property valuation tool covering houses, units, land, development sites, and commercial properties across 100+ suburbs in South-East Queensland. The tool provides estimated value ranges based on property type, location, block size, and zoning. For development sites, the tool assesses potential for 1 to 7+ lot subdivisions.

Q: Who are the directors of ACRES?

ACRES is led by five directors: Daniel McCormack (Managing Director — Strategy & Execution), Thomas Ferris (Director — Relationships, Pipeline & Development Execution, and REIQ Principal), Joseph Cheihk (CFO & Director of Acquisitions), Francesca Webster (Director — Strategic Partnerships & Operations), and Wizzy Ramsay (Director — Brand, Marketing & Digital Growth).

ACRES Advisory Team

Suburb Profile4502

Petrie

Moreton Bay Regional Council · 27km north of Brisbane CBD

Median House

$845,000

Median Unit

$620,000

Population

9,128

Avg Land Size

700m²

From CBD

27km north

Proprietary ACRES Data

Petrie Development Intelligence

ACRES Developer Demand Score

0/ 100

Emerging

Development Sites

0 properties tracked

Active Enquiries

0 owners in network

Recorded Offers

Amalgamation Sites

Median Land Size

—

Market Momentum

Building

ACRES is expanding its development-site coverage across Petrie and the surrounding precinct.

Explore Petrie & nearby

What's my Petrie property worth?Moreton Bay Regional Council development guide Sell to a developer Petrie development ranking North Lakes profile Redcliffe profile Caboolture profile Strathpine profile All suburb profiles

Property Market Insights

Key market indicators and historical price trends for Petrie

Annual Growth (Houses)

+15.5%

Annual Growth (Units)

+11.9%

Rental Yield (Houses)

4.1%

Rental Yield (Units)

5.1%

Avg. Days on Market

Vacancy Rate

0.8%

5-Year House Growth

+82%

5-Year Unit Growth

+72%

Market Demand

High

5-Year Median Price Trend

Houses
Units

Sources: CoreLogic, PropTrack, realestate.com.au. Prices reflect rolling 12-month median. Past performance is not indicative of future results.

About Petrie

Petrie is positioned for significant transformation with the opening of the University of the Sunshine Coast Moreton Bay campus. The suburb's train station junction (where the Redcliffe and Caboolture lines split) and large development parcels create a unique opportunity for a genuine university town precinct. Petrie is one of Moreton Bay's most strategically important growth locations.

Development Potential

Very high. The USC campus and train station junction create exceptional transit-oriented development potential. The Petrie Mill site and surrounding parcels are earmarked for a new university town centre with residential, retail, and commercial development.

Key Zoning: Centre Zone, Emerging Community, Medium Density Residential

Growth Drivers

USC campus driving precinct transformation
Rail junction strategic position
Petrie Mill site redevelopment
University housing demand
Northern corridor growth engine

Thinking of Selling?

ACRES provides complimentary property assessments for Petrie owners. Discover your property's true development site value.

Free Assessment

Living in Petrie

Infrastructure

USC Moreton Bay campus
Petrie train station (junction)
Petrie Mill redevelopment site
North Pine River
Old Petrie Town heritage

Transport

Petrie train station (rail junction)
Redcliffe and Caboolture lines
Bus network
Bruce Highway access
Cycling paths

Lifestyle

University town atmosphere
North Pine River recreation
Old Petrie Town markets
Affordable living
Close to North Lakes retail

Petrie Location

Petrie, 4502 · Moreton Bay Regional Council

What's Nearby in Petrie

Schools, parks, transport, shopping and education within Petrie and surrounds

Schools

Petrie State School
Pine Rivers State High School
Our Lady of the Way School

Parks & Recreation

Old Petrie Town Heritage Park
Petrie Recreational Reserve
North Pine River Parklands

Shopping

Petrie Marketplace
Woolworths Petrie

Transport

Petrie Station
Lawnton Station

Universities & Colleges

University of Sunshine Coast Moreton Bay Campus (adjacent)

Petrie Articles

10 expert guides covering development, zoning, and market insights

View all articles

Is Your Petrie Property a Development Site? Signs to Look For

Petrie is attracting growing developer interest. Here's how to tell if your property has development potential.

What Developers Are Paying for Land in Petrie

Current pricing benchmarks for development sites in Petrie and the factors driving land values.

Petrie Zoning Guide: What You Can Build on Your Block

A plain-English breakdown of Petrie's zoning and what it means for your property's development value.

How Infrastructure Is Driving Petrie Property Values

Key infrastructure and amenity driving development demand and property values in Petrie.

Selling Your Petrie Home to a Developer: A Complete Guide

Step-by-step process for selling your Petrie property as a development site for maximum value.

Petrie Development Hotspots: Where Developers Want to Buy

The specific streets and pockets within Petrie attracting the strongest developer demand.

View All 10 Articles

More Moreton Bay Suburbs

Explore other suburb profiles in the Moreton Bay region

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Petrie Property Guides

In-depth articles about property, development, and investment in Petrie

Should I Sell My Petrie Property to a Developer?

What Is My Petrie Property Worth to a Developer?

2032 Olympics Impact on Petrie Property Values

Own Property in Petrie?

Properties in Petrie with development potential are selling for 30–100% above standard residential value. Find out if yours qualifies — no cost, no obligation.

24 property owners in Petrie requested assessments this month

Request a Free Assessment

Median price data sourced from realestate.com.au (April 2025 – March 2026). Figures are indicative and based on recorded sales. Consult a licensed valuer for property-specific advice.