74/53 Vernon Terrace Teneriffe QLD 4005

1 / 1 / 1 / 78 m2

Here you can find what you need to know about 74/53 Vernon Terrace , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Teneriffe, QLD and much more.

Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005
Property photo of 74/53 Vernon Terrace Teneriffe QLD 4005

Property Insights

74/53 Vernon Terrace Estimated Value

$456,000 - $524,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
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Last sold for $480,000 on 17/09/2019

Sale Type: Normal Sale

Mortgage
Repayment
$381 pw
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Estimated
Gross Yield
High confidence
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 1
Bathrooms 1
Car Spaces 1
Land Size 78 m2
Floor Area 65 m2
House Type Unit: Standard
Council Area Brisbane - Brisbane
Year Built 1925
Zone S/D TENERIFFE - BUSINESS (PRE 1)
Lot/Plan 74/BUP103463 Teneriffe QLD
Property Type Unit

Last listing description (October 2019)

Direct River Front Stunner
This ideal 1 bedroom, 1 bathroom home is located in the Mactaggarts Woolstore building, (the only Woolstore with direct river frontage). This apartment is completely private and peaceful, facing North-East and looking directly out onto the Brisbane river and the surrounding gardens and greenery. A ten-second stroll to the river through the Woolstore's lovely gardens will surely become a daily event.

The 64sqm of open-plan living seamlessly combines the kitchen and living area, which makes for an incredibly spacious and open feel, perfect for entertaining. The high ceilings that run throughout the entire home expose the beautiful original beams and are a testament to both fine architecture and functionality, welcoming in plentiful light and air. The bedroom and bathroom are generous in size and each ensures privacy.

The location of this home is idyllic in every way. Only 2km from the CBD and situated in the heart of Teneriffe, a peaceful and highly-regarded suburb full of boutique bars and award-winning restaurants. Your biggest stress will be to decide where to go out for dinner and drinks!

Be sure to contact Ben today to arrange a viewing, as this apartment is incredible popular!


Property details

•1 Bed, 1 Bath, 1 Car
•64sqm
•Direct river views
•Facing North-East
•Mactaggarts Woolstore (only Woolstore with direct river frontage)
•Air con
•Completely private
•Open-plan living
•2km from the CBD
•High ceilings with exposed beams
•Stainless steel breakfast-bar bench

Property Timeline

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Latest Auction Results for Teneriffe as at 02 August 2020

Property Details
Sale Price
3Bed / 2Bath / 1Car / Unit
Passed In
3Bed / 4Bath / 3Car / House
Passed In

State Auction Clearance Rates -  

Auctions Clearance rate
QLD 122 45%
ACT 41 73%
NSW 542 65%
NT 5 60%
SA 30 70%

Suburb Insights

Teneriffe, QLD 4005

No data available Part of: Brisbane Council

Get neighbourhood info and insights with our Suburb Profile

View Teneriffe Suburb Profile View properties in Teneriffe

Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 74/53 Vernon Terrace, including the property sale history and estimated market value as well as insights into Vernon Terrace and Teneriffe 74/53 Vernon Terrace Teneriffe QLD 4005