TENERIFFE 4005
State: QLDPosiProp AI Investment Summary
TENERIFFE (QLD 4005) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.5% and has experienced a 12-month capital growth of Up 30.7%, with a median house buy price of $5,200,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$2,912,500
$3,505,000
$5,662,500
$5,200,000
Suburb Market Profile
Last month Teneriffe had 47 properties available for rent and 48 properties for sale. Median property prices over the last year range from $5,200,000 for houses to $1,154,000 for units. If you are looking for an investment property, consider houses in Teneriffe rent out for $895 PW with an annual rental yield of 2.5% and units rent for $800 PW with a rental yield of 3.9%. Teneriffe has seen an annual compound growth rate of 30.7% for houses and 15.4% for units.
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