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 2.6% and has experienced a 12-month capital growth of Up 22.1%, with a median house buy price of $4,275,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$2,750,000
$3,200,000
$5,662,500
$4,275,000
Suburb Market Profile
Last month Teneriffe had 50 properties available for rent and 41 properties for sale. Median property prices over the last year range from $4,275,000 for houses to $1,105,250 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 2.6% and units rent for $800 PW with a rental yield of 3.6%. Teneriffe has seen an annual compound growth rate of 22.1% for houses and 21.1% for units.