106/53 Vernon Terrace, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
 
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106/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 73m2
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Property Details for 106/53 Vernon Tce, Teneriffe

106/53 Vernon Tce, Teneriffe is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1900. The property has a land size of 73m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1900
Floor Size
73m2
Land Size
73m2
Local Government
Brisbane
Lot/Plan
106/BUP103463

Last Listing description (December 2023)

Whether you are looking for an investment property, or simply want to enjoy the Teneriffe lifestyle, this property ticks all the boxes.

This wonderfully spacious top floor apartment, boasts 2 sizeable bedrooms, with the perfect aspect allowing for a cooling breeze and an abundance of natural light to spill through the entire apartment at all times of the day. Downstairs, the large master bedroom details a built-in wardrobe and beautifully maintained bathroom; whilst the open plan living area features double height ceilings with exposed beams and numerous windows. Walk upstairs to a loft style mezzanine retreat complete with a second bedroom and wardrobe, plus a multipurpose room that can be utilised to a buyers preference - whether that be as a study, rumpus, or home office.

As the last remaining Woolstore building on the riverfront in Brisbane, the Mactaggarts Place features a lovely pool, BBQ and gazebo area overlooking the Brisbane River - an idyllic destination to relax in the sun all year long. Teneriffe offers accessibility to the best lifestyle options Brisbane has to offer. Whether it's strolling along the river walk to New Farm Park and beyond; commuting via the CityCat ferry and CityGlider buses positioned next to Mactaggarts Place, or exploring the dining, retail and cultural destinations of the inner city - everything is within reach!

Notable Features Include:
2 Generous bedrooms
Open plan multi-purpose room
Beautifully maintained bathroom + laundry space
Value add potential through renovation
Soaring double height ceiling ad exposed beams

Building facilities:
Riverfront swimming pool
BBQ & Gazebo set in riverfront gardens
Onsite management
Direct access to river board walk
City cat & bus stop at your front door
Walking distance to Gasworks Plaza
Secure undercover car park and visitors car-park
Several entry points to complex
Recent master plan refurbishment
Intercom access

To obtain further information or to arrange an inspection, please contact Ben Percival on 0406 606 778 or Josh Hooton on 0431 431 558.

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Property History for 106/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$610,000
22 Nov 2023
  • 22 Nov 2023
    Sold for $610,000
  • 24 Sep 2023
    Listed for Sale Offers Over $585,000
  • 04 Feb 2020
    Sold for $460,000
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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 2016 was 5335 people. By 2021 the population was 5520 showing a population growth of 3.5% 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 2021, 46.30% of the homes in Teneriffe were owner-occupied compared with 42.30% in 2016.

Teneriffe has 3,800 properties. Over the last 5 years, Houses in Teneriffe have seen a 21.07% increase in median value, while Units have seen a 94.42% increase. As at 30 November 2025:

  • The median value for Houses in Teneriffe is $2,208,938 while the median value for Units is $1,203,373.
  • Houses have a median rent of $800 while Units have a median rent of $790.
There are currently 16 properties listed for sale, and 8 properties listed for rent in Teneriffe on OnTheHouse. According to Cotality's data, 222 properties were sold in the past 12 months in Teneriffe.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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