Tennyson QLD 4105: Property Market Report & Real Estate Insights

Part of Brisbane, QLD

Tennyson Real Estate Market Outlook

Thinking about buying in Tennyson? Now could not be a better time, with 1174 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,322,000 with prices in this suburb ranging from $388,000 to $3,153,000. The approximate distance to the coast is 18 Km.

Living in Tennyson

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Tennyson due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Tennyson classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Tennyson necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

The housing market in Tennyson, a riverside suburb in Brisbane, Queensland, is characterized by its serene and family-friendly environment, attracting middle to upper-middle-class residents. Tennyson has seen a steady increase in demand, thanks to its picturesque location along the Brisbane River and its proximity to the city center. The area primarily features a mix of modern architectural homes and charming older-style Queenslanders, appealing to a range of potential buyers. With the housing market maintaining a balance of affordability compared to its neighboring suburbs like Yeronga and Graceville, Tennyson presents a viable option for those seeking spacious homes with a suburban feel while remaining close to urban amenities.

Living in Tennyson offers a tranquil lifestyle with ample green spaces, including the popular Tennyson Riverside Park, where residents enjoy outdoor activities and community events. The suburb's close-knit community is enhanced by its limited commercial development, preserving the area's peaceful atmosphere. At the heart of the suburb is the Queensland Tennis Centre, which hosts the annual Brisbane International tournament, providing residents with both recreational opportunities and occasional celebrity sightings. Although primarily residential, Tennyson's strategic location allows for convenient access to shopping, dining, and educational facilities in surrounding suburbs, making it an ideal locality for families and professionals seeking a harmonious balance between work and leisure.

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