OFF MARKET

103/38 Skyring Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 111m2
Land area: 127m2
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Property Details for 103/38 Skyring Tce, Teneriffe

103/38 Skyring Tce, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 127m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Year Built
2003
Floor Size
111m2
Land Size
127m2
Local Government
Brisbane
Lot/Plan
103/SP141294

Last Listing description (June 2021)

If you've never been through an apartment in Nouvelle make sure you add this property to your list. Nouvelle apartments have all the benefits of Woolstore living without any of the negatives. Massive internal square meterage and high ceilings combined with excellent natural light, low Body Corps and whisper quiet acoustics.

Located across from the Teneriffe Citycat stop and on the doorstop of the Gasworks precinct literally everything you could think of, and half the things you can't, are a couple of minutes' walk from your front door. Micro-breweries, Woollies, Standard Market Company, countless restaurants, cafes and bars, live music venues, cooking classes, the list is almost endless.

The apartment itself is massive. There's certainly no need to get rid of your 3-seater couch, downgrade to a double bed, or get used to the idea of eating dinner at the kitchen bench like you would in 90% of the new builds. Rather, consider an upgrade to a King, buy a second couch and an 8-seater dining table.

The master bedroom is similarly huge and has the most impressive ensuite you'll find shy of $1 million. The second bedroom is again large and well separated from the master bedroom to allow for easy shared living.

For investors, the rental returns are solid, with the building fully occupied, and outgoings are low.

Put this on your inspection list today and understand why Nouvelle is one of Teneriffe's best kept secrets.

Property History for 103/38 Skyring Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$555,000
24 Oct 2019
Listed for Rent
$530/w
12 Apr 2013
  • 24 Oct 2019
    Sold for $555,000
  • 11 Oct 2019
    Listed for Sale Not Disclosed
  • 16 Jul 2015
    Sold for $555,000
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About Teneriffe 4005

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 3,793 properties. Over the last 5 years, Houses in Teneriffe have seen a 6.11% increase in median value, while Units have seen a 65.57% increase. As at 30 November 2024:

  • The median value for Houses in Teneriffe is $1,852,817 while the median value for Units is $1,007,377.
  • Houses have a median rent of $775 while Units have a median rent of $750.
There are currently 19 properties listed for sale, and 22 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.