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

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

Last Listing description (April 2026)

Step into a rare riverside offering in the iconic Mactaggarts Place Woolstore - a tightly held address where history, lifestyle, and uninterrupted river views converge.Overlooking beautifully manicured gardens and the shimmering Brisbane River, Unit 71 presents an exceptional opportunity to secure one of the most sought-after positions in Teneriffe. It's easy to see why this residence has been cherished for over a decade.A Home with Character & Contemporary ComfortThis apartment offers a flexible two-bedroom layout designed for modern living.Rich in heritage charm, the apartment showcases: Original exposed brickwork (imported from England in 1926) Soaring ceilings with exposed timber beams Large double-hung sash windows framing river and garden views The open-plan kitchen, complete with breakfast bar, flows seamlessly into the living and dining area - perfect for entertaining or relaxing in style.A versatile second room adds flexibility to suit your lifestyle: bedroom, nursery, study, or creative studio.Unmatched Lifestyle AppealResidents enjoy exclusive access to the Teneriffe Riverwalk while benefiting from private, resort-style amenities including: Swimming pool BBQ & gazebo entertaining areas Lush communal gardens Secure parking & onsite management LocationPositioned on Teneriffe's prized northern edge, everything you need is just moments away: Steps to the CityCat Ferry Terminal & CityGlider bus Walking distance to Gasworks Plaza, James Street, and Howard Smith Wharves Close to New Farm Park and vibrant caf culture Just 4km to the Brisbane CBD 10 km to Brisbane Airport 2 km to Bowen Hills Train Station New Farm State School Catchment zoneProperty Features 2 Bedrooms 1 Bathroom 1 Secure Car Space Onsite Management Direct river views (North-East facing) Air conditioning Open-plan living & dining High ceilings with exposed beams & original brick walls Entire unit renovated about 2 years agoSet within a warm, welcoming community, this home offers the perfect balance of lifestyle and convenience. With cafs, restaurants, gyms, dog parks, and public transport all nearby, it's easy to see why this residence has been so loved.This is more than just an apartment - it's a lifestyle opportunity in one of Brisbane's most sought-after riverside precincts.

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
  • 10 Apr 2026
    Listed for Sale For Sale
  • 25 Jun 2024
    Sold for $900,000
  • 02 May 2024
    Listed for Sale Pre Market Opportunity
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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 3,796 properties. Over the last 5 years, Houses in Teneriffe have seen a 54.47% increase in median value, while Units have seen a 99.71% increase. As at 31 March 2026:

  • The median value for Houses in Teneriffe is $3,223,834 while the median value for Units is $1,296,688.
  • Houses have a median rent of $1,100 while Units have a median rent of $800.
There are currently 20 properties listed for sale, and 13 properties listed for rent in Teneriffe on OnTheHouse. According to Cotality's data, 219 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.