OFF MARKET

54-56 Chermside Street
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Last updated 11 Nov 2024
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Property Details for 54-56 Chermside St, Teneriffe

54-56 Chermside St, Teneriffe is a 3 bedroom, 2 bathroom Unit with 2 parking spaces.

Building Type
Unit
Local Government
Brisbane

Last Listing description (November 2024)

Teneriffe Village offers accessibility to the best lifestyle options Brisbane can bring. It is located in the precinct with its many shopping, dining, and entertainment, including Woolworths, Coles, seafood restaurants, gymnasiums, and the trendy coffee shop. Racecourse Road, New Farm bikeway & weekend markets are within easy walking distance.

It delivers an enviable lock-up and leaves luxury in an exclusive tree-lined location in the heart of Teneriffe. The living area has a generous frontage and has been carefully designed to allow ample natural light to flood through the classic high windows. The high ceilings create a fresh sense of space that separates your apartment from the rest.

The unit has three bedrooms, two bathrooms, one separate laundry, and one separate study. The large master has a walk-in wardrobe and a luxury ensuite.

Property Features
206 sqm of open living area, all on one level
High ceiling of 6.5m
Air conditioner
Ceiling fans
Two Carparks in a secured garage
Building facilities: itnercome, large swimming pool & BBQ area, 2lifts, garbage chute

Property History for 54-56 Chermside St, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$800/w
02 Dec 2022
  • 06 Nov 2024
    Listed for Rent $1,300 / week
  • 29 Aug 2023
    Listed for Rent $850 / 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 3,771 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, 237 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.