3/27 Vernon Terrace, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

3/27 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 3/27 Vernon Tce, Teneriffe

3/27 Vernon Tce, Teneriffe is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1998. While the property is not currently for sale or for rent, it was last sold in July 1997.

Building Type
Unit
Year Built
1998
Local Government
Brisbane
Lot/Plan
3/BUP106777

Last Listing description (April 2025)

Luxurious Riverfront Living: Three Bedroom Apartment with Premium Features

Welcome to your new home! This freshly updated three-bedroom apartment offers a picturesque view of the river, creating a serene and tranquil living environment. The open-plan design floods the living and dining spaces with ample natural light and ensures excellent cross-flow ventilation, complemented by ducted air conditioning throughout.

Each of the three bedrooms is thoughtfully appointed with built-in wardrobes, plantation shutters, and brand new carpeting. The main bedroom boasts a large walk-in wardrobe, ensuite, and a private balcony. The fully integrated kitchen is a chef's dream, featuring a built-in gas cooktop, oven, microwave, and dishwasher.

The separate large living and dining areas connect seamlessly to a balcony, offering a perfect spot for relaxation and entertainment. A private office area with its own balcony provides an ideal workspace for those who work from home.

Additional conveniences include a large laundry with a new dryer and a connecting powder room. Two side-by-side car parks with an extra storage area ensure that you have all the space you need for your vehicles and belongings.

Beyond the apartment's remarkable features, the building itself offers a host of amenities for a truly elevated lifestyle. Enjoy direct riverfront access, relax by the riverside pool, or host a BBQ in the designated area surrounded by tropical manicured gardens.

Security is paramount with a gated car park entry, providing peace of mind for residents. The location is not only beautiful but also convenient, with easy access to the public transport network, including the CityGlider Bus and Ferries.

Surrounded by a multitude of cafs, restaurants, bars, and specialty shops, this apartment is a gateway to vibrant city living. Within walking distance, you'll find yourself at the CBD, Gasworks Precinct, James Street, and Fortitude Valley. Take a leisurely stroll to Riverwalk, New Farm Park, and Howard Smith Wharves to fully immerse yourself in the charm of this riverside locale.

Features Include:
- Freshly updated Three Bedroom Apartment overlooking the river
- Open-plan living and dining allowing ample natural light as well as excellent cross-flow ventilation
- Ducted air conditioning throughout
- All Three bedrooms feature built in wardrobes, plantation shutters and brand new carpet
- Main bedroom with large walk in wardrobe, ensuite and private balcony
- Fully Integrated kitchen features built in gas cooktop, oven, microwave and dishwasher
- Separate large living and dining areas connecting directly to the balcony
- Private office area with balcony perfect for working from home
- Large laundry with new dryer connecting to powder room
- 2 side-by-side car parks with extra storage area

BUILDING FEATURES
Direct riverfront access
Riverside pool & BBQ area
Tropical manicured gardens
Security gated car park entry

SUBURB FEATURES:
Easy access to public transport network, including CityGlider Bus & Ferries
Multitude of cafs, restaurants, bars and specialty shops
Walking distance to CBD, Gasworks Precinct, James Street and Fortitude Valley
Walking distance to Riverwalk, New Farm Park and Howard Smith Wharves
Easy access to ICB & Kingsford Smith Drive, M7 and Airport Link
4 km to CBD
10 km to Brisbane Airport
2 km to Bowen Hills Train Station
New Farm State School & Fortitude Valley State School Catchment zone
Proximity to Holy Spirit Primary School New Farm & All Hallows School
Short drive to Brisbane Grammar School, Brisbane Girls Grammar School

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Property History for 3/27 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$553,661
04 Jul 1997
  • 12 Dec 2024
    Listed for Rent $1,399 per week
  • 11 Oct 2023
    Listed for Rent $1250 Per 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 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 3,798 properties. Over the last 5 years, Houses in Teneriffe have seen a 11.59% increase in median value, while Units have seen a 98.53% increase. As at 31 December 2025:

  • The median value for Houses in Teneriffe is $2,102,322 while the median value for Units is $1,237,281.
  • Houses have a median rent of $800 while Units have a median rent of $800.
There are currently 16 properties listed for sale, and 10 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.