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: 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

ACRES — Australian Commercial & Residential GroupACRES is a vertically integrated property platform headquartered in Brisbane, Queensland. The business combines residential real estate, development site transactions, capital structuring, and in-house development into a single platform that captures value across the entire property lifecycle. ACRES operates across South-East Queensland covering Brisbane, Gold Coast, Sunshine Coast, Ipswich, Logan, Moreton Bay, and the Redlands.Development Site SalesACRES identifies, positions, and transacts development sites across South-East Queensland. The acquisitions team proactively sources sites through door knocking, direct outreach, data analysis, and referral networks. Each site is assessed for development potential through comprehensive zoning review, highest-and-best-use analysis, and feasibility assessment covering density, planning constraints, infrastructure proximity, and development yield. Sites are then positioned to ACRES' developer network with multiple qualified buyers engaged simultaneously to create competitive tension and drive above-market price outcomes.Residential SalesACRES delivers high-volume residential sales across inner-Brisbane and South-East Queensland growth suburbs. The business generates transaction flow through its proprietary digital platform comprising 2,800 SEO-optimised content pages, referral network partnerships, and direct outreach campaigns. Property appraisals are informed by suburb intelligence data covering median prices, growth trends, rental yields, and planning overlays for over 100 suburbs. Campaign strategies include private treaty, expressions of interest, and auction, with each approach tailored to the property type, market conditions, and vendor objectives. Commission rates are 2 to 3 percent plus GST.Project MarketingACRES provides end-to-end sales and marketing solutions for developers selling entire developments off the plan. Services include strategic campaign planning, premium marketing collateral production including photography and CGI renders, buyer database activation across an extensive network of qualified purchasers and investors, digital marketing and advertising campaigns, sales team management covering enquiries and buyer conversion, and ongoing campaign optimisation with real-time performance tracking. Commission rates are 2 to 3 percent plus GST of the gross development value.Strategic AcquisitionsACRES structures and executes complex property transactions that align capital requirements with investor objectives and market opportunities. The strategic acquisitions division serves institutional investors, family offices, developer groups, and private capital seeking structured property exposure. Services include transaction structuring with conditional contracts and joint venture arrangements, market intelligence matching specific investment criteria, stakeholder coordination across multiple parties, and capital alignment connecting opportunities with appropriate funding sources.Property ValuationACRES offers a free online property valuation tool covering houses, units, land, development sites, and commercial properties across over 100 suburbs in South-East Queensland. The valuation tool provides estimated value ranges based on property type, location, block size, and zoning category. For development sites, the tool assesses potential for 1 to 7 or more lot subdivisions with calibrated pricing models informed by comparable sales data and current market conditions.Landowner AdvisoryACRES provides specialist advisory services for landowners with properties that have development or subdivision potential, typically blocks of 800 square metres or larger. Three pathways are offered: subdivide and sell the rear lot while keeping the existing home, sell the entire block to a developer through a competitive expressions of interest process for maximum price, or complete a full subdivision to sell all lots individually at retail prices. ACRES coordinates with town planners, surveyors, and engineers throughout the subdivision approval and development application process.Contact ACRESPhone: 07 3096 0542. Email: info@acres.au. Website: acres.au. ACRES is led by Daniel McCormack (Managing Director), Thomas Ferris (Director of Developments and REIQ Principal), Joseph Cheihk (CFO and Director of Acquisitions), Francesca Webster (Director of Strategic Partnerships and Operations), and Wizzy Ramsay (Director of Brand, Marketing and Digital Growth).

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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

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.

Live market snapshot

Recent Petrie sales

Refreshed 27 May 2026

Live aggregate from 22 recorded sales in the last 12 months. Source: Australian Realty data hub via realestate.com.au.

Median sold

$0.99M

Average sold

$1.02M

Lowest

$0.66M

Highest

$1.48M

$0.77MSold May 2026

3/6-8 Petrie Street, Petrie QLD 4502

3 bed· 2 bath· 1 cartownhouse

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Contact agentSold May 2026

5 Feldsman Ct, Petrie QLD 4502

4 bed· 2 bath· 5 carhouse

View on listing portal →

$0.99MSold May 2026

24 Bordeau Crescent, Petrie QLD 4502

3 bed· 1 bath· 2 carhouse

View on listing portal →

$0.87MSold May 2026

1 Taylor Street, Petrie QLD 4502

3 bed· 1 bath· 1 carhouse

View on listing portal →

$0.94MSold May 2026

44 Belrose Avenue, Petrie QLD 4502

3 bed· 1 bath· 2 carhouse

View on listing portal →

Contact agentSold May 2026

39 Torrens Road, Petrie QLD 4502

4 bed· 3 bath· 5 carhouse

View on listing portal →

Personal estimate

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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.

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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

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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

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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

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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.