Teneriffe is an inner suburb of Brisbane, Queensland, Australia, 2.5 kilometres (1.6 mi) north-east of the CBD. In the 2016 census, Teneriffe had a population of 5,335 people. Teneriffe was once an important wool trading hub and was the location of Australia's largest submarine base in World War II. The suburb was absorbed into Newstead in 1975, but re-established as a separate suburb in 2010.