Buyers agent in Teneriffe

4 properties secured for clients in Teneriffe since 2024. What we bought, what we paid where the buyer agreed to say, and who did the buying.

5.0 from 219 Google reviews

4

purchases in Teneriffe

2024 to 2025

years we have bought here

$860,000 to $1,231,000

published prices (2 of 4)

Hunter Gather has bought 4 properties in Teneriffe for clients since 2024. Of the purchases where the property type is on record, that is 1 apartment. Teneriffe sits inside our Brisbane buying area, which our agents cover street by street rather than from a desk.

Where the buyer agreed to publish the price, Teneriffe purchases ranged from $860,000 to $1,231,000 (2 of 4 published). The rest settled privately at the buyer's request.

The buying in Teneriffe was done by Jacob Butler, Jillian Breen and Kate Wilson. Whoever you speak to first, the search runs on the same shared database and the same weekly cadence.

Where Teneriffe sits

Teneriffe is the woolstore precinct on the northern bank, 2.5 kilometres north-east of the CBD, with the Bulimba Reach of the river along its whole eastern edge. New Farm sits to the south, Newstead to the north and Fortitude Valley to the west. Teneriffe Hill rises to 45 metres in the middle of it, which is why a suburb of less than one square kilometre has both a riverside boardwalk and a park with a view of the whole reach. It was absorbed into Newstead in 1975 and only became a suburb in its own right again in 2010.

Boundaries
The Brisbane River to the east. Commercial Road runs through the middle from the ferry terminal toward the Valley; Vernon Terrace and Macquarie Street follow the river past the woolstores; Skyring Terrace marks the Newstead end at Gasworks.
The roads
Commercial Road (the ferry, the CityGlider, the run to the Valley). Vernon Terrace and Macquarie Street (the woolstores and the river). Skyring Terrace and Wickham Street (the Newstead end, Gasworks and the way to the airport)
Next door
New FarmNewsteadFortitude ValleyBulimba (across the river)

The pockets

The suburb street by street: who each pocket suits and what to check there.

The numbers on the map above mark each pocket.

1The woolstores

Vernon Terrace and Macquarie Street, from Mactaggarts and Winchcombe Carson at the Florence Street end to Goldsbrough Mort and Dalgety toward Newstead

Nine heritage-listed woolstores converted to apartments between 1995 and 2006: brick, hardwood, high ceilings and windows that look straight down the Bulimba Reach. The riverside boardwalk runs along the front. The trade-off is that every building is its own body corporate with its own levies and its own flood history, so the records matter more than the finish.

Suits Families with older children, and couples, who want the river at the door and the city on foot. The most recognisable addresses in the suburb.

2The Commercial Road end

Commercial Road, Florence Street, Dath Street and the streets back toward New Farm

The ferry terminal, the Blue CityGlider stop and the gym on Commercial Road, with the Winchcombe Carson woolstore on Dath Street and the cafes at the bottom of Florence Street. The walk to New Farm Park and Merthyr Village starts here.

Suits Families who want the ferry, the New Farm State School walk and a quieter street behind the strip.

3Teneriffe Hill

Teneriffe Drive, Mackellar Street, Little Chester Street, Chester Street and Beeston Street around Teneriffe Park

The ridge James Gibbon bought in 1854, with Teneriffe House of 1865 still on top and the old orchard now Teneriffe Park. Steep streets, big trees, and the view over the river to Bulimba. The few houses here rarely reach the portals.

Suits Families who want a house rather than an apartment and are prepared to wait for one. The dearest homes in the suburb and among the dearest in Brisbane.

4The Gasworks end

Skyring Terrace, Wyandra Street and the blocks around the old gasholder toward Newstead

The newest part of the precinct. Towers and mid-rise buildings around Gasworks Plaza, the Woolworths and the restaurants, with James Street ten minutes on foot. Newer stock means lower maintenance and newer lifts, and a bigger body corporate than the woolstores.

Suits Buyers who want a newer building, a supermarket underneath and the bus at the door.

Getting around

CBD by CityGlider15 minBlue CityGlider from the ferry terminal, every five minutes in the peak
Bulimba by ferry5 minF21 cross river ferry, every fifteen minutes
Airport by car20 minKingsford Smith Drive, no toll

Ferry

CityCat from the Teneriffe terminal on Commercial Road, downstream to Bulimba and Hawthorne, upstream to New Farm Park, Howard Smith Wharves and Riverside in the CBD. The all-stops timetable puts Teneriffe to Riverside at about half an hour, so most people use it for the river rather than the commute. The F21 cross river ferry shuttles to Oxford Street, Bulimba every fifteen minutes and takes five, which puts a second suburb of cafes, the Balmoral cinema and Bulimba State School within reach of the pram. The terminal was rebuilt after the 2011 flood and reopened in January 2012.

CityCat and ferry timetablesSecond route timetable

Train

No station in the suburb. Fortitude Valley station on Brunswick Street is about two kilometres from the ferry end and every line on the network runs through it. Bowen Hills station is a fifteen-minute walk from Gasworks and is the one to use for the airport line.

Train timetable

Bus

The Blue CityGlider, route 60, starts at the Teneriffe ferry terminal and runs up Skyring Terrace past Gasworks, through the Valley and Adelaide Street to the Cultural Centre and West End. Every five minutes in the peaks, every ten to fifteen otherwise, and 24 hours on Friday and Saturday nights. About fifteen minutes to the CBD. Routes 425 and 453 also stop at Gasworks.

Route 60 timetable

Road

Ten minutes to the CBD by car outside the peak, and nowhere to park when you get there, which is why most of the suburb walks or takes the CityGlider. About twenty minutes to the airport via Kingsford Smith Drive, with no toll. Bulimba is five minutes by ferry and twenty by road around the Story Bridge.

Bus routes

60425453

Route numbers named in the bus notes above. Timetables on Translink.

Pinch points Commercial Road and Wickham Street back up toward the Valley from 7.30am, and Skyring Terrace clogs around Gasworks on a Saturday morning. Street parking along Vernon Terrace and Macquarie Street is gone by breakfast on the weekend, so an apartment's car spaces matter as much as its bedrooms. Inspect a Commercial Road or Skyring Terrace apartment at 5.30pm and again at 11pm on a Saturday before you decide the noise does not bother you.

The houses

What is here
Converted woolstore apartments along Vernon Terrace and Macquarie Street, the biggest of them in Goldsbrough Mort, Winchcombe Carson and Mactaggarts. Newer towers and mid-rise buildings around Gasworks and along Skyring Terrace. A handful of houses on Teneriffe Hill, from Teneriffe House of 1865 to interwar homes and contemporary rebuilds on the ridge. Houses are scarce and among the dearest in Brisbane; most of what trades is apartments.
Block sizes
Block size is the wrong question for most of the suburb. For an apartment the numbers that matter are the floor area, the ceiling height, the number of car spaces and the levies. On the hill, the blocks are steep and the houses sit high; a 600 square metre block with a view is a rare thing here.
Character overlays
Eighteen heritage-listed sites, most of them woolstores, so the exterior of a woolstore apartment is protected and internal changes go through the body corporate first. The whole precinct sits under the Newstead and Teneriffe waterfront neighbourhood plan. The older houses on the hill carry the traditional building character overlay where they are pre-1947. Check the overlay on City Plan before you plan a lift, an extension or a new balcony.
How it was built
  1. 1854James Gibbon bought the ridge that became Teneriffe Hill.
  2. 1865Teneriffe House went up on top of the hill; its old orchard is now Teneriffe Park.
  3. 1920s to 30sInterwar homes joined the handful of houses on the ridge.
  4. 1975Teneriffe was absorbed into Newstead, and only became a suburb again in 2010.
  5. 1995 to 2006Nine heritage-listed woolstores along Vernon Terrace and Macquarie Street were converted to apartments.
  6. NowTowers and mid-rise buildings around Gasworks are the newest stock, and most of what trades is apartments.

What the money buys

Around $900,000 to $1.2m

A two-bedroom apartment in a newer building at the Gasworks end or an older walk-up on the New Farm side, usually with one car space. This is where our published Teneriffe purchases have landed.

$1.5m to $3m

A two or three bedroom woolstore conversion with the high ceilings and the river, or a townhouse on the hill. The buildings and the levies vary widely, so the records decide it.

$4m and above

A house on Teneriffe Hill, which is where the suburb's house median of about $4.25 million comes from. They rarely reach the portals.

4 purchases since 2024, 2 with published prices from $860,000 to $1,231,000. Live grid on the page.

See the homes we have secured here

What to check before you buy in Teneriffe

Flood

The riverside streets, the boardwalk and the low ground along Vernon Terrace and Macquarie Street sit inside the river flood overlay and the 2011 and 2022 extents. The woolstore floors sat above the 2011 peak, but basements, car parks and lifts are another matter. Pull the FloodWise Property Report for the exact lot, read the body corporate's flood and insurance record for 2011 and 2022, and get the insurance quote before the building and pest, not after.

Flood Awareness MapFloodWise Property Report

Noise

Three kinds. Commercial Road and Skyring Terrace carry the buses and the Gasworks traffic. The Powerhouse, the Vernon Terrace bars and the festival fill the riverfront on weekends. And the flight path: type the address into the Brisbane Airport flight path tool, then stand on the balcony at 7am and again at 11pm on a Saturday.

Brisbane Airport flight path tool

Overlays and approvals

Heritage on the woolstores, the neighbourhood plan across the precinct and traditional building character on the older houses on the hill. City Plan's interactive mapping shows every overlay on the lot, and Development.i shows what is approved to go up next door, which in Teneriffe can be a tower that takes the view.

City Plan mappingDevelopment.i

Catchments

One primary and one secondary, both with enrolment management plans and caps. Check the lot on EdMap, then ring the school.

Queensland EdMap

Red flags

  • A woolstore or riverside apartment whose body corporate records do not answer two questions: what happened to the basement and the lifts in 2011 and 2022, and what the sinking fund looks like now. Levies in the heritage conversions and the newer towers are a long way apart.
  • A view that is not protected. A river outlook from the Gasworks end or Skyring Terrace can be built out; check Development.i for the approved towers on the neighbouring lots before you pay for the view.
  • A Commercial Road or Skyring Terrace frontage with single-glazed bedrooms on the road, or a Vernon Terrace balcony above the bars.

Where the value sits

  • A woolstore apartment with two car spaces and a river-facing living room, held for twenty years and never advertised. They come up rarely and go quietly.
  • A house on Teneriffe Hill, which is the only way to get a yard, a view and the CityCat in the same purchase in 4005. Patience and someone watching the off-market stock.
  • The New Farm side of the Commercial Road end, where an older walk-up or small building costs less than the woolstores and the school, the park and the ferry are all still on foot.

Photos via Wikimedia Commons: Woolstores from the river, John Robert McPherson, CC BY-SA 4.0; Winchcombe Carson woolstores, Dath Street, Kgbo, CC BY-SA 4.0; Teneriffe ferry terminal, Kgbo, CC BY-SA 3.0; Fortitude Valley station, Chris Olszewski, CC BY-SA 4.0; Brisbane Transport bus, BrisbaneBuzSpotter, CC BY-SA 4.0; Story Bridge, Kangaroo Point, John Robert McPherson, CC BY-SA 4.0; Teneriffe Park, Kgbo, CC BY-SA 4.0.

Buying in Teneriffe: the questions we get

New Farm State School for primary, Prep to Year 6, and Fortitude Valley State Secondary College for Years 7 to 12. Both run enrolment management plans with caps, so an in-catchment address is what gets a place. Check the exact address on EdMap and ask us which side of the line a building sits on.

The riverside streets and the boardwalk sit inside the river flood overlay and went under in 2011 and 2022. The woolstore floors were above the 2011 peak, but basements and car parks were not always. The hill does not flood. Every Teneriffe purchase we make starts with the FloodWise report and the body corporate's flood record.

On foot along the river in about half an hour, or the Blue CityGlider from the ferry terminal in about fifteen minutes, every five minutes in the peak. The CityCat is the scenic option at about half an hour to Riverside. By car it is ten minutes and no parking.

Yes, and plenty do. The bigger conversions have three bedrooms, high ceilings and a boardwalk at the front door, with New Farm Park, the pool at Club Lime and the Saturday market on foot. What to check is the car spaces, the levies and the flood record for the building, and whether the body corporate allows the changes you have in mind.

In 2026, a two-bedroom apartment in a newer building at the Gasworks end or an older walk-up on the New Farm side, usually with one car space. Our published Teneriffe purchases have landed between $860,000 and $1,231,000. A woolstore conversion with the river starts higher, and a house on the hill starts above $4 million.

New Farm has more houses, the park at its front door and Merthyr Village. Teneriffe has the woolstores, the boardwalk, the ferry to Bulimba and the shortest walk to the Valley and James Street. A house brief usually ends up in New Farm; an apartment brief with the river in it usually ends up in Teneriffe.

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