Teneriffe at a glance
6,307
People
$4,275,000
Median sale
$755/wk
Median rent
0.92%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
QLD › Teneriffe › Waverley St
$4,300,000
Last sold
25 Mar 2025
5
Bedrooms
2
Bathrooms
3
Car spaces
622 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$4,300,000
25 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Teneriffe (last 5 years) with land size have a median of $8,964/m² of land (n=5). Districts calculation from recorded sales — not a valuation.
Teneriffe at a glance
6,307
People
$4,275,000
Median sale
$755/wk
Median rent
0.92%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
Vs Teneriffe
+0.6%
Median sale
Suburb $4,275,000
-0.01 pp
Gross yield
Suburb 0.92%
Suburb median $4,275,000 from 8 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $755/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Teneriffe at a glance
6,307
People
$4,275,000
Median sale
$755/wk
Median rent
0.92%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Sixty Four PropertySituated off the road and tucked away amongst the trees is a little but big parcel of post war real estate gold. Your opportunity is boundless and if I may, please allow your imagination to run wild here...your forever home is limited only by your own capacity to think and dream big- "Do not make any small plans, because it cannot inspire the soul". No expense should be spared as your investment cannot be in a safer postcode. Teneriffe is per square meter, the most expensive suburb in all of Brisbane, and rightly so.
The building envelope is flat with no rear boundary owner due to the Teneriffe steps - This is a rare and significant attribute when you're planning and scheming up designs. Up the stairs you go to Teneriffe Drive and soon you'll be walking within the Teneriffe Reserve, all seven (7) acres of it including Teneriffe Park, perfect for little and or big kids to enjoy. Down the steps too Patterson street then off to the River walk, coffee, wine, food or the James street precinct.
Looking at the current dwelling and the lay of the land, a basement may be possible to park cars and add another "level" of living. A cellar, rumpus room and or pool room. This would significantly add floor area and living/entertaining options. This would still allow multiple levels above this basement floor level. With a creative architect, a home offering ample living/entertaining zones that opens up to the sweeping views would create a spacious, open plan home one could enjoy for years.
* Buyers seeking privacy should inspect
* Current house rentable and livable
* Sweeping views from the East, North and West
Living in Teneriffe and nestled amongst multiple million dollar homes, buying and building your dream home is an opportunity that is becoming less and less achievable. Most post war sites have now come and gone with owners staying for the long term once their builds have been completed. Don't miss out on this rare opportunity.
For your private viewing please call me directly on 0412 301 439. For the next open home, please visit our website, www.64property.com.au
Listing description written by Ivo Kornel, Sixty Four Property — reproduced as published, not verified by Districts.