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Sold on 29 Sep 2024 for $467,000

1403/338 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 1403/338 Water St, Fortitude Valley

1403/338 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Apartment sold in Fortitude Valley in the last 12 months.

Building Type
Apartment
Local Government
Brisbane
Lot/Plan
1403/SP184368

Last Listing description (September 2024)

If you are looking for a standout in the market - this is the one! In an unbeatable location, with incredible earning potential this property is everything you have been looking for! The apartment features a spacious king sized bedroom, modern bathroom, a spacious living/dining room and one secure car park. Complete with a luxury pool, rooftop terrace, and a fully equipped gym. Whether you're looking for a home you'll never want to leave, or an investment with huge earning potential, this is the one for you.

Every convenience is at your fingertips, with the university, hospital, schools, shops, cafes and transport all within close distance.

Standout features of the apartment include:

+ Outdoor balcony
+ Ideal open-plan living and dining area
+ Spacious master bedroom with generous built in robe, ceiling fan and air-conditioning
+ Air-conditioning throughout living room
+ Secure car park
+ Intercom security entrance
+ Pet friendly complex
+ Luxury style pool
+ Fully equipped gymnasium
+ Rooftop Terrace
+ Function Room
+ Currently tenanted at $560 per week till 22 April 2025

In terms of location, the property is:
+ 360 Metres to Exhibition Train Station
+ 400 Metres to Fortitude Valley Train Station
+ 630 Metres to Brisbane State Primary School
+ 660 Metres to St Josephs College
+ 970 Metres to Homemaker Centre
+ 2.6Km to UQ
+ 2.7Km to Griffith Conservatorium
+ 3.3km to Queensland Children's Hospital

Disclaimer:
All information contained within this website is gathered from sources we believe to be reliable. Stone Real Estate cannot however guarantee its accuracy and accepts no responsibility for such. Interested parties should make and rely on their own enquiries.

Property History for 1403/338 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$467,000
29 Sep 2024
Listed for Rent
$520/w
14 May 2024
  • 15 Sep 2024
    Sold for $467,000
  • 04 Sep 2024
    Listed for Sale Offers in Mid 400's
  • 11 Mar 2024
    Listed for Rent $560 / week
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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 -45.80% decrease in median value, while Units have seen a 45.94% increase. As at 30 September 2024:

  • The median value for Houses in Fortitude Valley is $599,427 while the median value for Units is $563,438.
  • Houses have a median rent of $598 while Units have a median rent of $600.
There are currently 83 properties listed for sale, and 48 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 681 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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Jason Savage
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Erin Cumming
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Stone Real Estate Logan
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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.