7/40 Chermside Street, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

7/40 Chermside Street
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 5 Jan 2026
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Property Details for 7/40 Chermside St, Teneriffe

7/40 Chermside St, Teneriffe is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Brisbane

Last Listing description (July 2023)

PHOTOS INDICATIVE ONLY - APARTMENT TO BE GIVEN A MINI-MAKEOVER PRIOR TO LETTING.

Inspection by appointment

12-Month Lease
Pets OK
Secure Parking

The perfect Teneriffe address for a single or couple, this north facing unit really deserves an inspection.

While the living room and kitchen are compact, the huge, north-facing balconies and 2.7 metre ceilings make it a much larger space with broader proportions.

The external balcony has a lovely district outlook while the enormous internal balcony (5.5 x 4,0 mtrs approx) is a highly versatile space that literally becomes another room. Other residents use them for offices, living rooms and even bedrooms. Both are north facing so catch the sun during winter yet are shaded and cool through summer.

The bedroom is huge with walk-in-robe, bathroom is full-size and has a bathtub and there is a separate internal laundry and secure single car space.

The unit will be freshly painted with new carpet in the bedroom and WIW. Owner has approved pets upon the usual application process. Water rates paid by owner.

The best cafes, restaurants and all that Teneriffe has to offer are right on the doorstep along with a myriad of transport options.

Available July13th.

Inspection is by appointment.

Property History for 7/40 Chermside St, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$500/w
27 Jun 2023
  • 22 Jun 2023
    Listed for Rent $500 / week
  • 30 May 2022
    Listed for Rent $440 / 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 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 15 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.