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Investment Property Teneriffe, QLD, 4005

Suburb Snapshot

Teneriffe is a suburb in the Brisbane Region of Queensland. Teneriffe has a population of 5,340 people and 44.16% of its occupants live in rental accommodation. The median listing price for houses is $3,600,000 and this has changed -4.00% over the past year and changed 5.88% over 2 years.

The median rent in Teneriffe for houses is $1,050 per week and the median rental yield is 1.51%. Stock on the market for houses/townhouses has changed -40.00% compared to last year and the average time to sell a house/townhouse is 71 days.The median listing price for units is $1,050,000 and this has changed 31.25% over the past year. The average unit takes 61 days to sell and the median rent for a unit in Teneriffe is $750 per week, producing a rental yield of 3.71%.

Supply & Demand in Teneriffe, Brisbane

1.75%

Current vacancy rate


60

Rental stock available


5,340

Population


44.16%

Rental population


1.15%

Current vacancy rate


6,310

Rental stock available


1,131,159

Population


32.91%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Teneriffe, Brisbane

  House Townhouses Units
Median listing price $3,600,000 NA $1,050,000
Median price change - last quarter -5.93% NA 5.00%
Median price change - 1 year -4.00% NA 31.25%
Median price change - 2 years 5.88% NA 50.00%
  House Townhouses Units
Median weekly rent $1,050 NA $750
Median yield % 1.51% NA 3.71%
Median rent change - 1 year 16.02% NA 4.16%
  House Units
Previous month sales 2 12
Stock on market previous month 9 37
Stock variance vs. last year -40.00% 37.04%
Average days on market 71 61

Teneriffe investment property listings

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