FOR SALE
Under contract for $420,000

42/592 Ann Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Under Contract for $420,000 by Amanda Qiao

Cathedral place is a hideaway in inner-city Brisbane conveniently located between the Brisbane CBD and the vibrant Valley area with all amenities, night life, restaurants, and culture a stone throw away. This lovely one-bedroom unit on level 4 offers a mordent and convenient city life style, provides a unique opportunity for both home buyers and investors.
Conveniently located on the 4th floor, this 1-bedroom apartment is air conditioned, the living space invites you to a large 22m2 city view balcony. An open plan kitchen complements the space.
The bedroom comes with a large built-in robe with a sliding door to the balcony. The bathroom fitted with shower, toilet and laundry, adds to the convenience and flexibility of the apartment.
Property Features:
-F block Level 4: 1bed, 1bath, 1 car space, 1 balcony facing Ann Street
-Internal: 40m2 + Balcony: 22m2=Total floor area: 62m2
-Body Corporate: $1550/q
-Council Rates: $ 483/q
-Urban Utilities/Water: $309/q
-Rental Return: $450/week till Dec 2024.
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Property Details for 42/592 Ann St, Fortitude Valley

42/592 Ann St, Fortitude Valley is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Australian Property Alliance Management.

Building Type
Apartment

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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 8,124 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 96 properties listed for sale, and 56 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 693 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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Amanda Qiao
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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.