OFF MARKET

113/38 Skyring Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 106m2
Land area: 123m2
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Property Details for 113/38 Skyring Tce, Teneriffe

113/38 Skyring Tce, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1910. The property has a land size of 123m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in March 2009.

Building Type
Unit
Year Built
1910
Floor Size
106m2
Land Size
123m2
Local Government
Brisbane
Lot/Plan
113/SP141294

Last Listing description (October 2008)

Tenerife, fantastic New York style apartment in Nouvelle
Nouvelle is one of Tenerife's most modern and stylish apartment buildings. This property is 4 years old and situated in beautiful Skyring Terrace. The boutiques, restaurants and coffee shops of New Farm are only 5 minutes away, and there is a bus terminal at the ferry stop within 200 metres to whisk you into the city in minutes. The spectacular shopping in Oxford st Bulimba is a 5 minute ferry ride across the river, this area is the ultimate in cosmopoltan living. The apartment is stunning! It is very large, 107 M2, and consists of a huge living area, with 2 double bedrooms, 2 bathrooms, with a secure car space, and is fully air conditioned with quality appliances.
The building itself is immaculate, with pool , gym, and internal recreation room, internal visitor parking, and employs a full time professional manager. This apartment has a current bank valuation of $570,000 and the asking price is just $575,000. There is a tenant currently in the apartment till January 23rd 2009 paying $500.00 per week.

There is an additional bonus with this property being so close to the new Mirvac project, in that those luxury apartments will sell from upwards of $750,000 which should have a very positive effect on future values in the area.
Additional feature - gym.

Property History for 113/38 Skyring Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$495,000
13 Mar 2009
  • 13 Mar 2009
    Sold for $495,000
  • 18 Oct 2008
    Listed for Sale 575000
  • 03 Mar 2003
    Sold for $310,000

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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 3,796 properties. Over the last 5 years, Houses in Teneriffe have seen a 8.85% increase in median value, while Units have seen a 66.69% increase. As at 31 January 2025:

  • The median value for Houses in Teneriffe is $1,860,504 while the median value for Units is $1,016,269.
  • Houses have a median rent of $810 while Units have a median rent of $768.
There are currently 23 properties listed for sale, and 21 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 232 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.