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Teneriffe, Brisbane’s most expensive suburb, breaks $2m average house price

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Craig and Michelle Purdy at their home in Abercrombie Street in Teneriffe. Pics Tara Croser.


Teneriffe has defied a downturn and global pandemic to become Brisbane’s first $2 million suburb.

Data from Realestate.com.au reveals the inner-city suburb’s average house price smashed through the elite milestone in June before peaking in July at $2.025 million.

Yet agents say that after a bumper quarter of sales, other suburbs, such as Ascot, New Farm and Hamilton, are on course to overtake…



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