Moreton Bay · QLD 4502
Home to the University of the Sunshine Coast's Moreton Bay campus and the 460ha Moreton Bay Central priority development area on the former Petrie paper mill.
No significant new supply approved — limited competition for rental tenants.
The 460-hectare Moreton Bay Central priority development area is transforming the former Petrie paper mill into the University of the Sunshine Coast's Moreton Bay campus (targeting around 10,000 students by 2030) alongside health, retail and residential, projected to generate roughly 6,000 jobs.
Petrie has 1 active infrastructure project, headlined by The Mill at Moreton Bay (UniSC Moreton Bay campus) (under construction). The median house price is around $980k, with auction clearance steady and days on market steady; gross rental yield is about 3.53%.