1/9 Houghton Street, Petrie QLD 4502
1/9 Houghton Street, Petrie QLD 4502
Ground-floor end unit | Reserve frontage | 2 bed 2 bath 1 car | 99m² floor area | Petrie QLD
This ground-floor unit is distinguished by its end position within the complex and its direct outlook over Sweeney Reserve. The private courtyard and large deck extend the living space outdoors, which is a rare feature for unit stock in this pocket. The 99 m² floor plan is configured as two bedrooms, two bathrooms, and a single car park, with a study and under-unit storage adding practical flexibility. The property is best suited to downsizers or owner-occupiers seeking low-maintenance living with an immediate connection to green space, while the complex pool adds a resort-style element. Its placement within walking distance of the station, shops, and schools strengthens its appeal for a broad buyer base.
Value may be influenced by the condition and presentation of the finishes, as well as the quality of the outdoor deck and fencing. The ground-floor position offers convenience but might be considered less private than an upper-level unit, and the maintenance of the courtyard and reserve interface should be weighed. Future value is likely to be supported by the scarcity of reserve-front units in this format, though the overall price may depend on how the current fit-out compares with renovated stock in the same complex.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/9 Houghton Street, Petrie QLD 4502
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
Petrie is a family-driven suburb where couples with children make up 45% of households and 27% of residents are under 19, making that demographic the core demand source, with 43% of people classified as purchasers. House prices hit $950,000 in the year to February 2026, a gain of 11.76%, while units sit at $625,000 with 17.9% growth, though unit sales data is too thin for a reliable read. Houses spend a median 13 days on market, and 112 homes sold over the past year, indicating tight supply and rapid absorption. Rental yields remain moderate at 3.7% for houses, with weekly rent of $605. Named a must-watch suburb in 2024, Petrie has gained 65.6% over five years, anchoring its forward trajectory in strong family-led demand and limited stock.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 9/9 Houghton Street sold for $935,000; 24/9 Houghton Street sold for $730,000 | Property Price Band: $800,000–$900,000 | Value Drivers: reserve frontage, ground floor outdoor living, complex amenities
Bedrooms
2
Bathroom
2
Parking
1
Land
1.91 ha
URL has been copied successfully!