31/48 Chermside StreetTeneriffe QLD 4005
Property Details for 31/48 Chermside St, Teneriffe
31/48 Chermside St, Teneriffe is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 79m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Apartment sold in Teneriffe in the last 12 months.
Last Listing description (October 2024)
Welcome to 31/48 Chermside Street, a delightful 1-bedroom, 1-bathroom, 1-car space apartment nestled in the vibrant and sought-after suburb of Teneriffe. This charming property offers an exceptional opportunity for first-time buyers or investors to capitalize on the future growth of a city and a suburb on the move.
Situated in the heart of Teneriffe, you're just moments away from an array of cafes, restaurants, bars, and shopping, and only a few steps to the river walk connecting you to The Powerhouse and on to Howard Smith Wharves, where you can catch a CityCat to the new Queens Wharf development.
A huge northeast-facing enclosed balcony for entertaining is rare in this market, and combined with an updated kitchen and bathroom, there is room to add more value or simply enjoy it as is.
Whether you're looking to make this your first home or add to your investment portfolio, this property is a rare find. Don't miss out on this unique opportunity to secure your place in one of Brisbane's most desirable suburbs.
For more information or to arrange a viewing, please contact Meaghan Bakker at 0414 809 823 today for upcoming inspection times.
Property History for 31/48 Chermside St, Teneriffe, QLD 4005
- 18 Oct 2024Sold for $695,000
- 11 Sep 2024Listed for Sale Offers Over $699,000
- 09 Apr 2022Listed for Rent $460 / week
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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 3,772 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.
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