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 43.5%, 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
$3,227,500
$5,662,500
$5,200,000
Suburb Market Profile
Last month Teneriffe had 68 properties available for rent and 47 properties for sale. Median property prices over the last year range from $5,200,000 for houses to $1,150,000 for units. If you are looking for an investment property, consider houses in Teneriffe rent out for $875 PW with an annual rental yield of 2.5% and units rent for $800 PW with a rental yield of 3.8%. Teneriffe has seen an annual compound growth rate of 43.5% for houses and 18.6% for units.