Teneriffe
Apartments make up 88.5% of dwellings here, the single fact that shapes everything else about this 0.64 km2 riverside pocket of inner Brisbane. Household income sits in the 94.3rd percentile nationally at $2,645 a week, yet 52.9% of residents rent rather than own, because the stock is overwhelmingly two-bedroom units in converted wool stores and newer towers. Density runs at 8,570 people per km2, the median age of 37 is 3.0 years below national, and university qualifications reach 62.6%, which is 32.5 points above the national figure. The result is a young, high-earning, mobile professional base with a 44.0% turnover rate.
Population
5,520
Median Age
37.0
Household IncomeiMedian weekly household income (ABS Census)
$2,645/wk
DAs (12 months)iDevelopment Applications lodged in the past year
37
Median House
$626K
Estimated from rent (2025)
The $626,000 median house price looks moderate for an inner-Brisbane suburb, but it reflects the apartment-dominant stock rather than houses: only 10.0% of dwellings are separate houses, while apartments are 88.5%. Two-bedroom dwellings dominate at 48.6% and one-bedroom or studios add 22.0%, so a family seeking three or more bedrooms competes for the 29.4% of larger stock. Monthly mortgage repayments average $2,167, producing a mortgage-to-income ratio of just 18.9%, well below the 30% stress threshold thanks to household incomes in the 94.3rd percentile. Outright owners are only 18.1% against 29.0% paying a mortgage and 52.9% renting, which tells buyers they are entering a market built for tenants and investors more than long-term owner-occupiers.
For Buyers
The $626,000 median house price looks moderate for an inner-Brisbane suburb, but it reflects the apartment-dominant stock rather than houses: only 10.0% of dwellings are separate houses, while apartments are 88.5%. Two-bedroom dwellings dominate at 48.6% and one-bedroom or studios add 22.0%, so a family seeking three or more bedrooms competes for the 29.4% of larger stock. Monthly mortgage repayments average $2,167, producing a mortgage-to-income ratio of just 18.9%, well below the 30% stress threshold thanks to household incomes in the 94.3rd percentile. Outright owners are only 18.1% against 29.0% paying a mortgage and 52.9% renting, which tells buyers they are entering a market built for tenants and investors more than long-term owner-occupiers.
For Investors
A 52.9% renter share and weekly rent of $510 give landlords a deep, ready tenant pool in a suburb where most residents have never intended to buy. Against the $626,000 median, that rent implies a gross yield near 4.2%, healthy compared to premium harbour or river suburbs that sit closer to 2%. The catch is the 11.3% vacancy rate, well above a balanced market, which signals real competition among the apartment stock that forms 88.5% of dwellings. Development remains modest at 36 applications in 12 months, mostly compliance and building work rather than large new towers, so supply is not surging. With a 44.0% turnover rate, churn is high, meaning landlords face frequent re-letting, but the young professional base and 94.3rd-percentile incomes support steady rent demand.
Development Activity
Total DAs
132
Last 12 Months
37
YoY ChangeiYear-over-year change in DA lodgements
+15.6%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Demographics
The median age of 37 is 3.0 years below the national figure, marking a young suburb dominated by working professionals rather than families or retirees. Average household size is 1.9, which is 0.6 below national, consistent with the small apartments: couples with no children make up 54.5% of the 3,472 families. Overseas-born residents reach 27.1%, which is 5.5 points above national, and ancestry leans Anglo-Celtic, led by English (2,253), Irish (980) and Scottish (787). University qualifications at 62.6% run 32.5 points above national, among the highest in Brisbane. The top non-English languages are Mandarin (23 speakers), Italian (21) and Cantonese (15), a modest mix that confirms the international flavour stays well below the migrant-majority level despite the above-average overseas share.
Age Distribution
Bedrooms
Dwelling Structure
10.0%
Houses
1.5%
Townhouse
88.5%
Apartment
Tenure
Tenure tilts heavily toward renting: 52.9% rent, 29.0% carry a mortgage and only 18.1% own outright. That outright-owner share, low for an established area, reflects how recently much of the apartment stock was built and how many units are investor-held. The stock is 88.5% apartments and 10.0% separate houses, with two-bedroom dwellings at 48.6% and one-bedroom or studios at 22.0%, leaving 3-plus bedroom homes scarce at 29.4%. The $626,000 median sits below most inner-Brisbane house markets precisely because so little detached housing exists to lift it. Mortgage-to-income at 18.9% and rent-to-income at 19.3% both stay comfortably below the 30% stress line, a direct consequence of household incomes in the 94.3rd percentile carrying relatively modest unit prices.
Mortgage / mo
$2,167
Rent / wk
$510
HH Size
1.9
Personal Income / wk
$1,660
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
11.3%
Unoccupied
348
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
19.3%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
18.9%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
54.5%
Couples, no children
3,472
Total families
Economy & Employment
The workforce concentrates in high-paying knowledge sectors: Professional/Tech leads at 22.9% (726 workers), Healthcare follows at 17.8% (564) and Education at 8.4% (266), with Finance at 6.6% and Public Admin at 6.5%. By occupation, Professionals (1,792) and Managers (852) together account for the bulk of jobs, which explains why personal income runs above most Brisbane suburbs. Unemployment is low at 2.7% and the full-time employment rate is 78.9%, both stronger than national averages. Participation reads 74.4%, high, with only 758 residents not in the labour force, consistent with the young median age of 37. This professional concentration is the engine behind the 94.3rd-percentile household income that lets renters absorb $510 weekly rents without stress.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
78.9%
Part-time
18.4%
Participation
74.4%
Employed
3,657
Occupations
Top Industries
University
62.6%
Postgraduate
17.1%
Born Overseas
27.1%
Dwellings
2,719
Transport to Work
Active and public transport carry real weight here: 21.4% of residents walk or cycle and 13.0% take public transport, while 59.5% drive, below the national reliance on cars, a pattern the dense 8,570-per-km2 layout and riverside ferry access make practical. Only 1.6% of residents (83 people) need daily assistance, low and consistent with the young median age of 37. Volunteering runs at 17.5%. No schools are recorded inside the compact 0.64 km2 boundary, so the few families present rely on institutions in neighbouring suburbs, a reasonable trade-off for a market where couples without children make up 54.5% of households. With rent-to-income at 19.3%, well below the 30% stress threshold, tenants here live comfortably relative to their high incomes.
Drive
59.5%
Public Transport
13.0%
Walk / Cycle
21.4%
Work from Home
N/A
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Teneriffe compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Teneriffe a good suburb to live in?
Teneriffe suits young professionals: household income sits in the 94.3rd percentile nationally, university qualifications reach 62.6%, which is 32.5 points above national, and 21.4% of residents walk or cycle. The main trade-off is that 88.5% of dwellings are apartments, so families seeking houses have limited stock at the $626,000 median.
What is the median house price in Teneriffe?
The median house price is $626,000, moderate for inner Brisbane because only 10.0% of dwellings are separate houses. Weekly rent averages $510 and monthly mortgage repayments run about $2,167, giving a mortgage-to-income ratio of just 18.9%, well below the 30% stress threshold.
What schools are in Teneriffe?
No schools are recorded inside the compact 0.64 km2 Teneriffe boundary in this dataset, so the few families present rely on schools in neighbouring suburbs. The resident base is highly educated, with university qualifications at 62.6%, which is 32.5 points above the national figure.
Is Teneriffe safe?
Detailed crime statistics are not available for Teneriffe in this dataset. As an indirect indicator, only 1.6% of residents (83 people) need daily assistance, and the suburb is a high-income area sitting in the 94.3rd income percentile, both broadly consistent with a low-disadvantage inner-city pocket.
Is Teneriffe good for property investment?
Rent of $510 a week against a $626,000 median gives a gross yield near 4.2%, healthy compared to premium river suburbs nearer 2%. The 52.9% renter share offers a deep tenant pool, but the 11.3% vacancy rate signals apartment competition, so returns depend on letting quickly in a high-turnover market.
How is Teneriffe's population changing?
With 5,520 residents packed into 0.64 km2 at 8,570 people per km2, Teneriffe is built out and changes mainly through churn rather than growth. The 44.0% turnover rate shows a transient renter base cycling through, and development of 36 applications in 12 months is modest, skewed to compliance and building work.
What languages are spoken in Teneriffe?
About 27.1% of residents were born overseas, 5.5 points above the national figure. English dominates, with Mandarin (23 speakers), Italian (21), Cantonese (15) and Greek (15) the most common non-English languages, a modest international mix that stays well below migrant-majority levels.
How much development is happening in Teneriffe?
There were 36 development applications lodged in the past 12 months, modest for an inner-Brisbane suburb. Most are compliance assessments and building work on existing dwellings rather than new towers, consistent with a built-out area already at 8,570 people per km2 with little room to expand.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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