55/54 Vernon Terrace, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

55/54 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 187m2
Land area: 199m2
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Property Details for 55/54 Vernon Tce, Teneriffe

55/54 Vernon Tce, Teneriffe is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1911. The property has a land size of 199m2 and floor size of 187m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1911
Floor Size
187m2
Land Size
199m2
Local Government
Brisbane
Lot/Plan
55/SP142198

Last Listing description (July 2023)

WINCHCOMBE CARSON WOOLSTORE

Displaying a wealth of character this apartment is a fabulous space. The living spaces are huge and feature double height exposed Herringbone timber ceilings that create a real sense of space and add to the appeal, as do the timber floors and the beautiful exposed rough textured red brick feature walls set against hardwood timber beams.

The lounge opens to a rare North East facing balcony which was once the loading dock for wool bales. It still retains the original heritage sliding timber doors. The large kitchen features a full suite of appliances, large pantry and storage, breakfast bar and glass display units. The Master bedroom is huge, with a walk-in robe and ensuite. Bathrooms are spacious with contemporary fixtures and fitting. The main bathroom has a bathtub and separate toilet. Added features are a large internal store room and separate laundry. There is a large open plan space as you enter the apartment that would suite a dedicated home office/media space or sitting area.

The building provides owners with great facilities -
- Beautiful pool set in surrounding gardens
- BBQ & Gazebo
- Lift access
- Security under building parking
- On-site building manager
- Formal entry foyer leads to ground fl. Atrium and water features
- Rates $400 per qtr
- Body Corp $2,457 per qtr

The Winchcombe Carson Woolstore, (circa 1911) is ideally located in the centre of Teneriffe, across the street from the riverfront boardwalk and the ferry and city bus services. Two minutes to shop at Gasworks and an easy stroll to the James Street prescient.

Property History for 55/54 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,625,000
19 May 2023
Listed for Rent
$950/w
11 Jul 2012
  • 19 May 2023
    Sold for $1,625,000
  • 16 May 2023
    Listed for Sale $1,575,000+buyers
  • 03 Jul 2012
    Listed for Rent $950 / 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 8 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.