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 › Teneriffe Dr
5
Bedrooms
3
Bathrooms
3
Car spaces
1,065 m²
Land
281 m²
Building
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Teneriffe (last 5 years) with land size have a median of $8,408/m² of land (n=6). 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.
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 Place New FarmOccupying a remarkable 1,065sqm parcel atop Teneriffe Hill, Ormond is a landmark early twentieth-century character residence of rare scale, presence and possibility. Positioned within a cherished heritage context and offered with Development Approval and architectural plans by Carmen & Co Architects, this exceptional property is poised for a complete refurbishment and extension into an extraordinary 900m² inner-city family sanctuary.
Originally constructed circa 1908, Ormond reflects the grace, proportion and craftsmanship of traditional Brisbane architecture. Its elevated position captures sweeping outlooks across Hamilton Hill and the Brisbane River, while the prized north-east aspect invites natural light, river breezes and a beautiful sense of openness across the home's verandahs and living spaces.
The approved vision by Carmen & Co Architects thoughtfully preserves the character and significance of the original residence while introducing a striking contemporary addition. The proposed extension creates a compelling dialogue between old and new, contrasting the warmth and detail of the landmark Queenslander with generous use of off-form concrete and clear-finished timber externally, and an indulgent material palette of marble and brass throughout the interiors.
From its stately four-column entry, framed by a magnificent mature poinciana tree, the home makes an unforgettable first impression. A distinctive drive-through driveway provides a rare sense of arrival and ease, complemented by generous existing parking including dual carports and a garage.
Currently arranged predominantly across one expansive living level, the residence offers outstanding flexibility for family life. Multiple living and sitting rooms radiate from the central kitchen, while a sunroom dining area and wrap-around verandahs embrace the elevated outlooks. Five bedrooms provide comfortable accommodation, with the home's existing scale offering a strong foundation for the substantial approved transformation to come.
Traditional timber floors, VJ walls, fireplaces, French doors and broad verandahs speak to the enduring appeal of Queensland architecture, creating a rich sense of history and atmosphere. Below, an extensive lower level currently provides storage and utility areas, further reinforcing the property's scope, scale and future potential.
With DA approval already secured, the next custodians of Ormond can move forward with confidence, realising an architecturally designed residence that honours its heritage while delivering the space, luxury and amenity expected of a contemporary family estate.
Rich in history, architectural significance and future promise, 40 Teneriffe Drive represents one of Teneriffe Hill's most compelling offerings - a landmark character home with an approved pathway to become a truly remarkable inner-city sanctuary.
Listing description written by Heath Williams, Place New Farm — reproduced as published, not verified by Districts.