Teneriffe Suburb Profile | Property Market & Development Guide | ACRES

Q: What does ACRES do?

ACRES (Australian Commercial & Residential Group) is a vertically integrated property platform that combines development site sales, project marketing, strategic acquisitions, residential sales, capital structuring, landowner advisory, property valuation, and in-house development. The business operates across South-East Queensland including Brisbane, Gold Coast, and the Sunshine Coast.

Q: What areas does ACRES cover?

ACRES operates across South-East Queensland covering Brisbane, Gold Coast, Sunshine Coast, Ipswich, Logan, Moreton Bay, and the Redlands. The business maintains suburb intelligence profiles for over 100 suburbs with detailed market data, median prices, growth trends, and planning overlays.

Q: How does ACRES sell development sites?

ACRES operates upstream of traditional agency. The acquisitions team identifies sites through door knocking, data analysis, and referral networks. Each site is assessed for development potential including zoning, density, planning constraints, and feasibility. Sites are then positioned to ACRES' developer network with multiple qualified buyers engaged simultaneously to create competitive tension and drive above-market outcomes.

Q: What is ACRES' commission structure?

ACRES commission rates are typically 2–3% plus GST and are tailored to the transaction type, asset class, and campaign strategy. Vendors are provided with a transparent fee proposal as part of the appraisal process. Contact ACRES for a tailored quote.

Q: Does ACRES offer free property valuations?

Yes. ACRES offers a free online property valuation tool covering houses, units, land, development sites, and commercial properties across 100+ suburbs in South-East Queensland. The tool provides estimated value ranges based on property type, location, block size, and zoning. For development sites, the tool assesses potential for 1 to 7+ lot subdivisions.

Q: Who are the directors of ACRES?

ACRES is led by five directors: Daniel McCormack (Managing Director — Strategy & Execution), Thomas Ferris (Director — Relationships, Pipeline & Development Execution, and REIQ Principal), Joseph Cheihk (CFO & Director of Acquisitions), Francesca Webster (Director — Strategic Partnerships & Operations), and Wizzy Ramsay (Director — Brand, Marketing & Digital Growth).

ACRES Advisory Team

Suburb Profile4005

Teneriffe

Brisbane City Council · 2.5km north-east of Brisbane CBD

Median House

$4,300,000

Median Unit

$1,077,500

Population

5,500

Avg Land Size

380m²

From CBD

2.5km north-east

Proprietary ACRES Data

Teneriffe Development Intelligence

ACRES Developer Demand Score

0/ 100

Emerging

Development Sites

0 properties tracked

Active Enquiries

0 owners in network

Recorded Offers

Amalgamation Sites

Median Land Size

—

Market Momentum

Building

ACRES is expanding its development-site coverage across Teneriffe and the surrounding precinct.

Explore Teneriffe & nearby

What's my Teneriffe property worth?Brisbane City Council development guide Sell to a developer Teneriffe development ranking Woolloongabba profile West End profile South Brisbane profile Kangaroo Point profile All suburb profiles

Property Market Insights

Key market indicators and historical price trends for Teneriffe

Annual Growth (Houses)

+15.8%

Annual Growth (Units)

+11.8%

Rental Yield (Houses)

3.0%

Rental Yield (Units)

4.7%

Avg. Days on Market

Vacancy Rate

0.7%

5-Year House Growth

+92%

5-Year Unit Growth

+81%

Market Demand

Very High

5-Year Median Price Trend

Houses
Units

Sources: CoreLogic, PropTrack, realestate.com.au. Prices reflect rolling 12-month median. Past performance is not indicative of future results.

About Teneriffe

Teneriffe is one of Brisbane's most prestigious and tightly-held suburbs, famous for its heritage wool stores converted into luxury loft apartments. The riverside suburb combines industrial heritage charm with premium modern living, anchored by Vernon Terrace's boutique dining strip. Teneriffe's combination of character, river frontage, and proximity to the CBD makes it consistently one of Brisbane's highest-value postcodes.

Development Potential

Limited but ultra-premium. Heritage overlays on the iconic wool stores restrict some development, but remaining sites command exceptional per-square-metre rates. Any new development must complement the industrial heritage character that defines the suburb's premium positioning.

Key Zoning: Character Residential, Medium Density Residential, Heritage Overlay

Growth Drivers

Heritage scarcity premium
River frontage demand
Tightly-held character creating extreme scarcity
Premium end-buyer demographic
Brisbane's ongoing inner-city gentrification

Thinking of Selling?

ACRES provides complimentary property assessments for Teneriffe owners. Discover your property's true development site value.

Free Assessment

Living in Teneriffe

Infrastructure

Heritage wool store conversions
Teneriffe ferry terminal
Brisbane Riverwalk
Vernon Terrace dining precinct
Near New Farm Park

Transport

Teneriffe ferry terminal
Bus routes along Commercial Road
Brisbane Riverwalk to CBD
Close to Fortitude Valley train station
Cycling infrastructure along the river

Lifestyle

Heritage wool store apartment living
Vernon Terrace cafes and restaurants
Riverside walks and Riverwalk
Weekend brunch culture
Proximity to New Farm Park and Powerhouse

Teneriffe Location

Teneriffe, 4005 · Brisbane City Council

What's Nearby in Teneriffe

Schools, parks, transport, shopping and education within Teneriffe and surrounds

Schools

New Farm State School
Holy Spirit School
All Hallows School

Parks & Recreation

Teneriffe Park
Catalina Park
Sir Manuel Hornibrook Park
New Farm Park

Shopping

Woolworths Metro Teneriffe
Vernon Terrace Dining
Commercial Road Precinct

Transport

Teneriffe Ferry Terminal
Bulimba Ferry Terminal
Fortitude Valley Station

Teneriffe Articles

10 expert guides covering development, zoning, and market insights

View all articles

Is Your Teneriffe Property a Development Site? Signs to Look For

Teneriffe is one of Brisbane's most sought-after inner-city locations. Here's how to tell if your property has development potential.

What Developers Are Paying for Land in Teneriffe

Current pricing benchmarks for development sites in Teneriffe and what drives the numbers.

Teneriffe Zoning Guide: What You Can Build on Your Block

A plain-English breakdown of Teneriffe's zoning and what it means for your property's development value.

How Teneriffe's heritage wool stores, converted to premium apartments and commercial spaces, form the suburb's architectural identity Is Driving Teneriffe Property Values

Key infrastructure and amenity driving development demand and property values in Teneriffe.

Selling Your Teneriffe Home to a Developer: A Complete Guide

Step-by-step process for selling your Teneriffe property as a development site for maximum value.

Teneriffe Development Hotspots: Where Developers Want to Buy

The specific streets and pockets within Teneriffe attracting the strongest developer demand right now.

View All 10 Articles

More Brisbane Suburbs

Explore other suburb profiles in the Brisbane region

Back to Brisbane Council Page

Teneriffe Property Guides

In-depth articles about property, development, and investment in Teneriffe

Should I Sell My Teneriffe Property to a Developer?

What Is My Teneriffe Property Worth to a Developer?

2032 Olympics Impact on Teneriffe Property Values

Own Property in Teneriffe?

Properties in Teneriffe with development potential are selling for 30–100% above standard residential value. Find out if yours qualifies — no cost, no obligation.

29 property owners in Teneriffe requested assessments this month

Request a Free Assessment

Median price data sourced from realestate.com.au (April 2025 – March 2026). Figures are indicative and based on recorded sales. Consult a licensed valuer for property-specific advice.