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Tennyson, QLD

January 22nd 2007 00:24
Tennyson is roughly 7km from Brisbane’s CBD. It’s a very family oriented, green suburb, situated on the Brisbane River. It’s a small but well-established suburb with beautiful homes. The houses are mainly large older-style homes, many of them perfectly renovated. The median weekly rent paid for a 3-bedroom house in this area in the December 2005 quarter was $ 270. The median weekly rent paid for a 2-bedroom unit in this area for the same period was $210. Tennyson boasts an idyllic leafy atmosphere and a row of some of Brisbane’s most expensive riverside real estate along King Arthur Terrace.


Tennyson, QLD (postcode: 4105)

Property Results:


Median House Price: $540,000
Change: 15.8

Median Unit Price: NA
Change: NA


Statistics:

Local population: 10,844
Australian born: 79%
Greatest age demographic: 20-39 years (33%)
Typical resident: Married, of Catholic denomination, living in a freestanding house, employed as a business professional within a fully purchased dwelling.


The suburb is very small but, despite its size, Tennyson boasts its own railway station with limited services to the City (Corinda and Yeronga are the next stops on the line). It also has good bus services in two directions – towards Indooroopilly Shoppingtown and the CBD via Fairfield.

The commercial element in Tennyson is restricted. The old electricity power station, positioned in a prime location on the Brisbane River, is subject to development plans and is the site of a proposed state tennis centre. Tennyson is predominantly a quiet residential suburb relying on its neighbours, Graceville and Indooroopilly, for its shopping and entertainment facilities; however, the new tennis centre will impact on the area.







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