117/53 Vernon Terrace, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
 
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117/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 95m2
Land area: 95m2
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Property Details for 117/53 Vernon Tce, Teneriffe

117/53 Vernon Tce, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 95m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
1995
Floor Size
95m2
Land Size
95m2
Local Government
Brisbane
Lot/Plan
117/BUP103463

Last Listing description (March 2022)

Housed within the iconic Mactaggarts Woolstore, this loft-style residence presents enormous opportunity for the owner-occupier and investor. With divine views across the impeccable grounds and river beyond, this property is filled with charm and character, offering soaring high ceilings and exposed beams throughout. In original condition, the floorplan includes open plan living and meals spaces, two bedrooms, two bathrooms and accommodation for one vehicle.

Offering unparalleled lifestyle convenience, Mactaggarts is within easy walking distance of popular cafs, restaurants, bars and lifestyle amenities. Both the Gasworks and James Street entertainment precincts are within proximity, while New Farm Park, Brisbane Powerhouse and Howard Smith Wharves are moments away. For commuters, Brisbane CBD is within 3-kilometers, with bus and ferry terminals easily accessible.

This property offers:

Low maintenance living in the heart of Teneriffe
Set within the iconic Mactaggarts Woolstore
Character details including high ceilings and exposed beams throughout
Generous, open plan living and meals spaces
Study / multipurpose loft with views across the gardens, pool and river
Full kitchen with quality appliances, overhead cabinetry and breakfast bar
Light-filled master suite with built-in robes and private ensuite
One additional bedroom with built-in robes
Guest bathroom with internal laundry facilities
One car space in secure car park
Immaculate grounds with landscaped gardens, inground pool and barbeque area
Within walking distance of cafs, bars, restaurants and lifestyle amenities
Moments from the Gasworks and James Street entertainment precincts
Less than 3kms from Brisbane CBD and Fortitude Valley
Easy access to public transport including bus and ferry terminals

To enquire about this property or arrange an inspection, please contact Richard Barlow on 0434 420 856.

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Property History for 117/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$750,000
28 Jan 2022
Listed for Rent
$440/w
27 Oct 2010
  • 28 Jan 2022
    Sold for $750,000
  • 17 Jan 2022
    Listed for Sale Under Contract
  • 20 Oct 2010
    Listed for Rent - Price not available
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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 3,796 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 14 properties listed for sale, and 8 properties listed for rent in Teneriffe on OnTheHouse. According to Cotality's data, 217 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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