71/53 Vernon Terrace, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
 
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71/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 83m2
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Property Details for 71/53 Vernon Tce, Teneriffe

71/53 Vernon Tce, Teneriffe is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 83m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
House
Year Built
1920
Floor Size
69m2
Land Size
83m2
Local Government
Brisbane
Lot/Plan
71/BUP103463

Last Listing description (October 2024)

Capturing beautiful natural light and picturesque river views, this two-bedroom apartment invites you to enjoy all that sought-after Teneriffe has to offer. Just metres from the Teneriffe Ferry Terminal and Skyring Terrace's fashionable attractions, this newly-renovated property boasts tasteful updates and access to marvellous facilities.

A celebration of timeless sophistication, the residence combines rich timber floors, lofty ceilings, exposed timber beams and exposed-brick feature walls to create an exquisite setting. Crisp white tones set against bold black joinery add to the apartment's appeal.

Flowing from the property's welcoming entry, a generous open-plan living and dining area looks out across manicured gardens to the sparkling Brisbane River beyond. There is also an updated adjoining kitchen displaying a mirrored splashback, a full suite of top-of-the-range Fisher & Paykel appliances and ample newly-installed cupboard storage. Those who prefer to dine out will also appreciate the multitude of acclaimed restaurants, cafes and bars at ground level.

Completing the residence are two sizeable bedrooms encompassing built-in robes; one could easily serve as a study, if preferred. A well-appointed main bathroom has laundry amenities.

Benefitting from secure parking for one car with storage, the apartment also includes split-system air-conditioning, Samsung keyless entry and access to the complex's swimming pool.

Moments from scenic riverwalks and city-bound bus stops, this exceptional property is close to the popular James Street, Gasworks Plaza and Howard Smith Wharves precincts. Brisbane's CBD is only minutes away, while the Fortitude Valley and Bowen Hills train stations are nearby.

This sensational residence is a short commute from a collection of prestigious schools, as well as QUT's Kelvin Grove and Gardens Point campuses. UQ's Saint Lucia and TAFE Queensland's South Bank campuses are also easily accessible from this address. Do not delay ? call to arrange an inspection today.

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Property History for 71/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$900,000
25 Jun 2024
  • 25 Jun 2024
    Sold for $900,000
  • 02 May 2024
    Listed for Sale Pre Market Opportunity
  • 21 Oct 2022
    Sold for $720,000
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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 3,799 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 15 properties listed for sale, and 9 properties listed for rent in Teneriffe on OnTheHouse. According to Cotality's data, 221 properties were sold in the past 12 months in Teneriffe.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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