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

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…