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On 5,093 properties that later sold, blending providers in narrowed typical error from 6.68% to 5.66%, and lifted the share landing within 10% of the sale price from 66.9% to 73.3%.
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Property overview
This 4-bedroom house at 9 Wargon Court in Petrie, QLD 4502 is currently on the market, with 1 bathroom and parking for 2. It offers a 616 m2 block and 114 m2 of internal living space. The house was built in 1990. Petrie sits about 24 km from the CBD, where the median house price is $990K. Council data records flood overlay on the site. 23 schools sit within about 5km, and the area scores 42 for walkability and 7 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Signals use available listing and suburb data. They are not personal financial advice.
- Planning overlay risk
Listed
Updated
This property is under offer
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Petrie at a glance
House market signals | QLD 4502
Median
$990K
Market signals
To CBD
24 km
Est. Valuation
$956,857
Potential Sell Price
Est. Rent/wk
$692
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Planning Overlays
Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
From the listing description
Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.
Listing Details
- Listed
- Last Updated
- Postcode
- 4502
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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