40/42 Chermside Street, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
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40/42 Chermside Street
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 29 Dec 2025
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Property Details for 40/42 Chermside St, Teneriffe

40/42 Chermside St, Teneriffe is a 2 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Brisbane

Last Listing description (September 2020)

A funky 2 bedroom apartment in the vibrant heart of Brisbane's best precinct.

This roomy apartment in the iconic Teneriffe Hill Apartment complex has been designed to make the most of the alfresco Brisbane lifestyle with an abundance of light, air and space.


The functional kitchen is designed for the entertainer. The combined living / dining room leads onto a massive north-east facing covered balcony that catches both the morning winter sun yet keeps cool in the summer breeze and overlooks courtyard gardens below.

The main bedroom is complete with built-ins, and overlooks Chermside St and is delightfully cool in summer. The second bedroom offers peace and quiet so would also make an ideal study.

The bathroom has a full length bath, so rare in modern units. The apartment comes with a single secure carpark under the building.

Teneriffe Hill Apartments prides itself on a wonderful sense of community with friendly, helpful onsite management who maintain a handy concierge service for residents.

Just minutes to the river walk, Brisbane Powerhouse / New Farm Park, Fortitude Valley and the lively James Street precinct, the building is surrounded by Brisbane's trendiest restaurants, bars, boutiques and gyms. Public transport is on the doorstep and the city centre is only 15 minutes away.

This gorgeous apartment is available from September 20.

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Property History for 40/42 Chermside St, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$460/w
12 Sep 2020
  • 20 Aug 2020
    Listed for Rent $460 / 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 3,797 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, 222 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.