29/48 Chermside Street, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
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29/48 Chermside Street
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 108m2
Land area: 112m2
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Property Details for 29/48 Chermside St, Teneriffe

29/48 Chermside St, Teneriffe is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 112m2 and floor size of 108m2.

Building Type
Unit
Year Built
1998
Floor Size
108m2
Land Size
112m2
Local Government
Brisbane

Last Listing description (November 2017)

Perched in the heart of the Teneriffe cultural precinct is this chic two-bedroom pad in the Teneriffe Hill Apartments. Start the day off right with a smashed Avo and Labneh from Sourced Grocer just a short 2 minute walk away. Gradually make your way down to the Dalgety Public House for a chilled afternoon wine and dine. Finish the night at La Macelleria for their award-winning gelato situated on the other side of your residence. The highlights that make this suburb such a highly sought after place to live in can be found right on the front your doorstep.
The apartment itself is wonderfully zoned with an open living, kitchen and outdoor space. Enjoy incredible views of Teneriffe Hill or enclose the balcony with the white plantation shutters for ultimate privacy. Being an end unit there are plenty of windows allowing for beautiful breezes and an abundance of natural light throughout. The kitchen has been well considered with its U-shape style to maximise bench space and storage - simple but effective. The spacious two bedrooms are carpeted and fully equipped with built-in wardrobes, perfect for the modern working professional. The apartment is fully air conditioned and has an internal laundry in the bathroom as well.
Located in a well-established position and currently yielding incredible rental income at $470 per week until August 2017, buyers can be rest assured their investment retains its value and demand over time.

Call exclusive marketing agent Richard Barlow on 0434 420 856 today for your private inspection or come along to this Saturday's open home. We look forward to seeing you through.

Property History for 29/48 Chermside St, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
01 Mar 2017
  • 19 Jun 2017
    Listed for Sale Under Contract
  • 25 Jan 2017
    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 3,797 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 13 properties listed for sale, and 11 properties listed for rent in Teneriffe on OnTheHouse. According to Cotality's data, 221 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.