The uber cool and calm surrounds of Teneriffe should be on your list to buy, or at least to visit!

The uber cool and calm surrounds of Teneriffe should be on your list to buy, or at least to visit!

Teneriffe has only been a suburb since 2010, yet it is already well-loved and sought-after, thanks in part to resemblance with the suburb it was once a part of: Newstead. Both areas are high on buyers' wish lists, not just because they are close to the CBD, but also because of the expanding gourmet and nightlife scene, as well as the industrial-chic ambience exuded by the old warehouse districts.

If you are looking for an investment property, consider houses in Teneriffe, which rent for approximately $973 PW with a 1.9 percent annual rental yield and units, which rent for $560 PW with a 4.3 percent annual rental yield.

Looking to purchase in Teneriffe? Book an appointment with one of our award winning local brokers, or call us today on 3211 7744.