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AREA REPORTS

Teneriffe

Suburb Profile

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

house
unit

Property investors enjoyed capital gains of 5.11% 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 low, 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 $690 based on current median home prices for the suburb.

On average, rents on listings have reached the $690 mark, reflecting a 1.94% increase in returns based on the current median price in TENERIFFE.

TENERIFFE, 4005 ranks 204th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 782nd on the list of best yielding suburbs for rental properties in QLD, posting a 1.94% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,850,000 $560,000
GROWTH REPORT
Median Quarterly 0% 1.82%
Median 12 month 5.11% -1.75%
Median 3 years -2.63% -11.11%
Median 5 years 48.89% -4.84%
10 years average annual 6.66% 0.65%
Weekly media advert. rent $690 $510
Time on Market 0.0 days 74.8 days
Gross Rental Yield Percent 1.94% 4.74%
demographics (median values)
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