SOLD
Sold on 26 Mar 2024 for $860,000

150/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 85m2
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Property Details for 150/53 Vernon Tce, Teneriffe

150/53 Vernon Tce, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1900. The property has a land size of 85m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
1900
Floor Size
85m2
Land Size
85m2
Local Government
Brisbane
Lot/Plan
150/BUP103463

Last Listing description (February 2023)

Perfectly positioned right in the heart Teneriffe, this spacious split level contemporary apartment located within the Woolstore and captures the very essence of riverside living.

A masterpiece in design with high ceilings, exposed beams, brickwork, timber flooring, and original sash windows that highlight an abundance of natural light and views over the greenery that surrounds the building.

The property's comfortable open plan living area adjoins the spacious modern kitchen and boasts quality appliances including electric cooktop, oven, and dishwasher.

There are two bedrooms, split over two levels. This includes a master bedroom upstairs with ensuite/ internal laundry area, a second bedroom on the lower level that provides easy access to the main bathroom. Both bedrooms offer built-in-wardrobes and are ideally separated for dual living arrangements.

Other great features include;

Perfectly positioned right in the heart Teneriffe
2 generous bedrooms, each with built-in's
Modern kitchen with quality appliances
Timber flooring throughout
Loft style Study nook
Spacious living with exposed red brick
Airconditioning to living area
Stairs coming soon - to be installed prior to move-in date

Sample the spoils of Teneriffe's many cafes and eateries at your doorstep, or easily walk to nearby James Street or Gasworks. It's a mere 2.5 kilometres from the CBD, with a range of public transport right at your doorstep. This includes the CityCat, Cross-River Ferry, City Glider and other bus services.

Property History for 150/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$860,000
26 Mar 2024
Listed for Rent
$700/w
06 Feb 2023
  • 26 Mar 2024
    Sold for $860,000
  • 19 Dec 2022
    Listed for Rent $700 / week
  • 08 Sep 2022
    Sold for $720,000
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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 3,771 properties. Over the last 5 years, Houses in Teneriffe have seen a 21.18% increase in median value, while Units have seen a 66.73% increase. As at 31 October 2024:

  • The median value for Houses in Teneriffe is $2,045,362 while the median value for Units is $996,566.
  • Houses have a median rent of $858 while Units have a median rent of $750.
There are currently 27 properties listed for sale, and 22 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 234 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.