Powered by MOMENTUM MEDIA
AREA REPORTS

Teneriffe

Suburb Profile

Teneriffe - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4005

house
unit

Property investors enjoyed capital gains of 8.87% over the last 12 months in TENERIFFE, translating to lower returns compared with its peers in QLD.

Figures from the previous quarter show that capital gains for real estate buyers in TENERIFFE are high, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $850 based on current median home prices for the suburb.

On average, rents on listings have reached the $850 mark, reflecting a 2.18% increase in returns based on the current median price in TENERIFFE.

TENERIFFE, 4005 ranks 168th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 769th on the list of best yielding suburbs for rental properties in QLD, posting a 2.18% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,025,000 $572,500
GROWTH REPORT
Median Quarterly 9.46% 1.33%
Median 12 month 8.87% 3.53%
Median 3 years -17.01% -4.58%
Median 5 years 37.29% 1.33%
10 years average annual 7.22% 0.64%
Weekly media advert. rent $850 $525
Time on Market 0.0 days 52.9 days
Gross Rental Yield Percent 2.18% 4.77%
demographics (median values)
Total Population
n.a.
Weekly Household Income
n.a.
Household Size
n.a.
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

The most common hidden costs in building quotes and contracts

It’s unfortunately very common to blow the budget on building projects. One of the main reasons costs blow out is that there are hidden c...

$120m Park Ave project to benefit South Melbourne

Australian real estate lender and investment manager MaxCap Group announced on Wednesday that it had arranged funding for the $120 million ...

5 steps to avoid buying the wrong property

Buyers are being reminded that a property is likely to be the largest investment they make, with avoiding mistakes critical to long-term fi...

Latest figures in on foreign buyer activity

Freshly released data has shown where the majority of foreign buyer transactions are coming from. ...

‘Time-limited’ opportunity in Perth market available for astute buyers

Perth’s affordability and high rental yield offer a window of opportunity for property buyers, but it could be limited as stock in establi...

‘Strong seller’s market’ pinpointed in Adelaide

‘Strong seller’s market’ pinpointed in Adelaide

Agents based in the city of churches are witnessing what’s being dubbed a strong seller’s market as buyers look to take advantage of eme...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.