SOLD
Sold on 10 Jul 2024 for $825,000

606/109 Commercial Road
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 84m2
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Property Details for 606/109 Commercial Rd, Teneriffe

606/109 Commercial Rd, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 84m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
70m2
Land Size
84m2
Local Government
Brisbane
Lot/Plan
606/SP283277

Property History for 606/109 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$825,000
10 Jul 2024
Listed for Rent
$595/w
09 Aug 2021
  • 10 Jul 2024
    Sold for $825,000
  • 30 May 2016
    Sold for $692,500

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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 3,768 properties. Over the last 5 years, Houses in Teneriffe have seen a 26.46% increase in median value, while Units have seen a 64.11% increase. As at 30 September 2024:

  • The median value for Houses in Teneriffe is $2,131,809 while the median value for Units is $987,908.
  • Houses have a median rent of $890 while Units have a median rent of $750.
There are currently 28 properties listed for sale, and 13 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 225 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.