40 Teneriffe Drive, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
FOR SALE

40 Teneriffe Drive
Teneriffe QLD 4005

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 218m2
Land area: 1065m2
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Property Details for 40 Teneriffe Dr, Teneriffe

40 Teneriffe Dr, Teneriffe is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1908. The property has a land size of 1065m2 and floor size of 218m2.This Property is currently listed for sale with Place New Farm

Building Type
House
Year Built
1908
Floor Size
218m2
Land Size
1065m2
Local Government
Brisbane
Lot/Plan
1/RP84049

Last Listing description (March 2026)

Nestled on a remarkable 1,065sqm parcel atop Teneriffe Hill, Ormond is a gracious early twentieth-century residence that reflects the scale, elegance and architectural character of traditional Brisbane living. Offered with a current Development Approval for a substantial renovation and extension, the property provides an exceptional opportunity to secure a landmark home while realising its next chapter.Constructed circa 1908, the residence occupies one of Teneriffe Hill's most tightly held positions. Elevated above the surrounding landscape, it captures sweeping views across Hamilton Hill and the Brisbane River, while the prized north-east aspect welcomes cooling summer breezes and warm winter sunlight across the verandahs and living spaces.A distinctive drive-through driveway, the only one of its kind in the immediate area, leads to generous parking including dual carports and a garage, while a stately four-column entry framed by a magnificent mature poinciana tree creates an unforgettable arrival.Predominantly arranged across one expansive living level, the home offers exceptional flexibility for families of all sizes. A series of generous living spaces radiate from the central kitchen, including a large living room and sunroom dining area positioned to capture the elevated outlooks. Additional sitting and living rooms provide multiple zones for family life, while five bedrooms ensure comfortable accommodation.Throughout the home, the enduring charm of Queensland architecture is evident. Traditional timber floors, VJ walls, fireplaces and French doors opening to wrap-around verandahs celebrate the craftsmanship of the era while strengthening the connection between indoor living and the surrounding landscape.Below, an extensive lower level currently accommodates storage and utility areas, presenting further potential for future enhancement.With such a substantial landholding in this coveted position, the opportunity exists to further elevate the property through landscaped gardens, a pool, or future extension, creating a residence of enduring distinction.Rich in history, character and possibility, Ormond represents a rare offering within the Teneriffe Hill precinct.Inspections by appointment only.

Property History for 40 Teneriffe Dr, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$4,050,000
18 Mar 2019
Listed for Rent
$1.40k/w
30 Jul 2024
  • 12 Mar 2026
    Listed for Sale Expressions Of Interest
  • 05 Jun 2024
    Listed for Rent $1,400 / week
  • 18 Mar 2019
    Sold for $4,050,000
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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 3,797 properties. Over the last 5 years, Houses in Teneriffe have seen a 26.59% increase in median value, while Units have seen a 95.66% increase. As at 28 February 2026:

  • The median value for Houses in Teneriffe is $2,503,827 while the median value for Units is $1,265,715.
  • Houses have a median rent of $800 while Units have a median rent of $800.
There are currently 19 properties listed for sale, and 13 properties listed for rent in Teneriffe on OnTheHouse. According to Cotality's data, 220 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.