Teneriffe, QLD 4005: Suburb Profile & Property Report

Market Report

House report
Unit Report

Teneriffe has 58 houses available for sale. The median property price for a house is currently $2,275,000 with annual capital growth of -25.41% . There were 30 house sales in the past 12 months. On average, houses spend 30 days on market.

If you're thinking about buying an investment property in Teneriffe, consider that rental yields for houses are currently 2.45% with an average median rent of $858 weekly. Houses have seen -4.09% growth in the past quarter, and -25.41% growth in the past 12 months.

The size of Teneriffe is approximately 0.9 square kilometres. It has 2 parks covering nearly 4.3% of total area. The population of Teneriffe in 2011 was 4,700 people. By 2016 the population was 5,344 showing a population growth of 13.7% in the area during that time. The predominant age group in Teneriffe is 30-39 years.

Households in Teneriffe are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Teneriffe work in a professional occupation. In 2011, 41.6% of the homes in Teneriffe were owner-occupied compared with 42.3% in 2016.

Teneriffe has 166 units available for sale. The median property price for a unit is currently $860,000 with annual capital growth of 17.81% . There were 220 unit sales in the past 12 months. On average, units spend 22 days on market.

If you're thinking about buying an investment property in Teneriffe, consider that rental yields for units are currently 4.20% with an average median rent of $750 weekly. Units have seen 4.88% growth in the past quarter, and 17.81% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$2,275,000	$860,000
Quarterly growth	-4.09%	+4.88%
12-month growth	-25.41%	+17.81%
Average annual growth	+4.00%	+8.96%
Weekly median rent	$858	$750
Gross rental yield	2.45%	4.20%
Number of Sales (12m)	30	220
Avg. Days on Market (12m)	30	22

Jump to Market Trends

Key Demographics	2011	2016
Total population	4,700	5,344
Population change (5y)	-2.51%	+13.70%
Median household income (p/w)	$2,481	$2,470
Household income change (5y)	+37.76%	-0.44%
Median age of persons	34	35

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Teneriffe is $2,275,000 for houses and $860,000 for units.

The Median Growth in Teneriffe over the past 12 months is -25.41% for houses and 17.81% for units.

Over the past 12 months there were 30 houses sold and 220 units sold in Teneriffe. On average, houses spent 30 days on market and units spent 22 days on market.

In the past 12 months up to August 2024 there were 30 houses sold and 220 units sold in Teneriffe. On average, houses spent 30 days on market and units spent 22 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Teneriffe is $858 for houses and $750 for units.

The Rental Yield in Teneriffe is 2.45% for houses and 4.20% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Teneriffe was 5,344 in 2016, a +13.70% change compared to 2011.

The predominant age group in Teneriffe is 30-39 years.

The population of Teneriffe was 5,344 in 2016, a +13.70% change compared to 2011.

The predominant age group in Teneriffe is 20-29 years.

Most of the population in Teneriffe were born in Australia.

Most of the population in Teneriffe report their religion as No Religion.

Most of the population in Teneriffe report their income range as $182,000 .

The median household income in Teneriffe was $2,470 in 2016, a -0.44% change compared to 2011.

Most of the population in Teneriffe report their income range as between $130,000 and $182,000 .

The median household income in Teneriffe was $2,481 in 2011, a +37.76% change compared to 2006.

Most of the population in Teneriffe work as Professional.

The chart below demonstrates the various levels of education in Teneriffe.

Most of the population in Teneriffe reached a qualification level of Bachelor.

2011 2016

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