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502/50 Mclachlan Street
Fortitude Valley QLD 4006

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GREAT 2 bedroom & 2 bathroom apartment located in the centre of Fortitude Valley.

APARTMENT FEATURES
- Thoughtfully designed unfurnished open plan apartment
- Air conditioning throughout unit.
- Large built in mirrored wardrobes.
- Block out roller blinds in living and bedroom.
- Stainless steel appliances including gas cooktop electric oven range hood and dishwasher
- Stone bench tops and glass splash backs in kitchen
- Separate internal laundry (dryer included)
- Secure camera intercom system
- High speed internet ready
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Property Details for 502/50 Mclachlan St, Fortitude Valley

Building Type
Commercial

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About Fortitude Valley 4006

The size of Fortitude Valley is approximately 1.4 square kilometres. It has 2 parks covering nearly 1.5% of total area. The population of Fortitude Valley in 2011 was 5,615 people. By 2016 the population was 6,976 showing a population growth of 24.2% in the area during that time. The predominant age group in Fortitude Valley is 20-29 years. Households in Fortitude Valley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fortitude Valley work in a professional occupation. In 2011, 27.3% of the homes in Fortitude Valley were owner-occupied compared with 21% in 2016.

Fortitude Valley has 8,127 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 13.04% increase in median value, while Units have seen a 47.76% increase. As at 31 October 2024:

  • The median value for Houses in Fortitude Valley is $1,224,170 while the median value for Units is $564,483.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 94 properties listed for sale, and 57 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 695 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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Opulent Property Marketing & Management Pty Ltd
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Australian Property Alliance Management
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.