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AREA REPORTS

Teneriffe

QLD/
Teneriffe

Suburb Profile

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

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unit

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 $620 based on current median home prices for the suburb.

On average, rents on listings have reached the $620 mark, reflecting a 1.82% increase in returns based on the current median price in TENERIFFE.

TENERIFFE, 4005 ranks 851st in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 788th on the list of best yielding suburbs for rental properties in QLD, posting a 1.82% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,775,000 $560,000
GROWTH REPORT
Median Quarterly 9.91% -1.75%
Median 12 month -26.04% -4.68%
Median 3 years 20.34% -5.08%
Median 5 years 61.36% 0%
10 years average annual 5.23% 0.42%
Weekly media advert. rent $620 $520
Time on Market 66.6 days 68.9 days
Gross Rental Yield Percent 1.82% 4.83%
demographics (median values)
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