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 › Vernon Tce
$2,000,000
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
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
Asking
$2,000,000
Asking
No recorded sale for this property.
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
-53.2%
Median sale
Suburb $4,275,000
+1.04 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.
$107,947 on top of the price (5.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Teneriffe's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Richardson & Wrench Plus - QLDPositioned on the top floor of the tightly held Carson Place and showcasing uninterrupted Brisbane River views, this is arguably one of the best-value three-bedroom riverfront opportunities currently available in Brisbane.
Boasting a coveted north-east aspect, the apartment captures an abundance of natural light, cooling river breezes, and panoramic views stretching both up and down the Brisbane River. Combining generous proportions, an irreplaceable waterfront position, and exceptional lifestyle amenities, this is a rare opportunity to secure blue-chip Teneriffe real estate at remarkable value.
Designed for effortless living and entertaining, the expansive open-plan layout seamlessly connects the kitchen, dining, and living areas, all perfectly oriented toward the spectacular river outlook. Floor-to-ceiling glass doors open onto a large private terrace, creating an impressive indoor-outdoor living space that can be enjoyed year-round.
Timber flooring flows throughout the living areas, while all three bedrooms feature brand-new quality carpet. Air conditioning throughout, a separate laundry, and excellent cross-ventilation ensure comfort and practicality in equal measure.
The oversized master suite enjoys direct balcony access, allowing you to wake up to stunning river views each morning. Complete with a walk-in robe and ensuite, it offers the perfect private retreat. The second and third bedrooms are generously sized, each with built-in robes and plenty of natural light, providing flexibility for families, professionals, or downsizers seeking additional space.
The well-appointed kitchen offers ample bench space and storage, making everyday living and entertaining effortless.
Residents of Carson Place enjoy an enviable riverside lifestyle, with direct access to the Riverwalk, a resort-style pool, BBQ facilities, secure entry, and beautifully maintained tropical gardens. A secure tandem car space for two vehicles, complete with additional storage, further enhances the appeal.
Located just moments from the Teneriffe CityCat terminal, public transport, award-winning cafés, restaurants, Gasworks Plaza, Merthyr Village, and the popular Powerhouse Markets, the apartment delivers the ultimate balance of convenience and lifestyle.
Apartment Features:
- 3 Bedrooms, 2 Bathrooms
- Spacious open-plan kitchen, dining, and lounge
- Large private terrace with river views
- Timber floors in living areas, new carpet in bedrooms
- Air-conditioned throughout
- Separate laundry
- Secure tandem parking for 2 cars
Building & Lifestyle Features:
- Walk-up building with only a limited number of residences
- Riverside pool and BBQ area
- Direct access to Riverwalk
- Secure entry
- Low-maintenance tropical gardens
Large three-bedroom riverfront apartments in Teneriffe are rarely offered and even more rarely represent such compelling value. Whether you're looking for a premium owner-occupier residence or a blue-chip investment in one of Brisbane's most sought-after suburbs, this is an opportunity that demands attention.
Listing description written by Edward Boland, Richardson & Wrench Plus - QLD — reproduced as published, not verified by Districts.