SOLD
Sold on 22 Apr 2024 for $430,000

112/587 Gregory Terrace
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 54m2
Land area: 65m2
Sold By
Belle Property Coorparoo
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Property Details for 112/587 Gregory Tce, Fortitude Valley

112/587 Gregory Tce, Fortitude Valley is a 1 bedroom, 1 bathroom House and was built in 2005. The property has a land size of 65m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom House sold in Fortitude Valley in the last 12 months.

Building Type
House
Year Built
2005
Floor Size
54m2
Land Size
65m2
Local Government
Brisbane
Lot/Plan
112/SP150719

Last Listing description (July 2024)

For its proximity to the CBD, bustling night-life, and access to vibrant entertainment and dining scenes, Fortitude Valley has simply never left the spotlight, and with the Exhibition Station and exciting rejuvenation of Victoria parkland set to take this pocket to the next level, this one-bedroom gem is your opportunity to secure a slice of the action. Situated among palm-dotted landscapes within 'Terrace on Gregory', this delightful apartment offers a fantastic inner-city hideaway with access to a resident's pool, gym, sun deck and spa. Easy, peaceful, and offering key conveniences including air con, a walk-in robe, study nook, secure parking, and a wide balcony with leafy street views, it's situated just a short stroll from King Street's popular restaurants including Montrachet, Il Verde, and Xin Chao, and just moments from Gasworks, the Emporium, and a slew of Brisbane's best bars. Not to be overlooked as an investment opportunity, its medical precinct address just steps from the RBWH, bus stops, and Fortitude Valley train station solidify it as a potential goldmine.

- Access to resident's pool, gym, sun deck, spa
- Bedroom features study nook, walk-in robe

- Air conditioned living area flows onto vast balcony
- Secure parking on basement level
- Walk to RBWH & RBWH busway, linking swiftly to the CBD
- Walk to Fortitude Valley Station & Bowen Bridge Road buses
- Walk to Victoria Park, with scenic ex-golf course parkland strolls
- Steps from King Street's Archie Brothers, Montrachet, Xin Choa, Il Verde
- Directly across from RNA showgrounds
- Moments from James Street, China Town & Valley Mall
- Close access to Gasworks & Emporium shopping Centres
- Exceptional investment opportunity

Property History for 112/587 Gregory Tce, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$430,000
22 Apr 2024
Listed for Rent
$340/w
19 Jun 2010
  • 22 Apr 2024
    Sold for $430,000
  • 10 Apr 2024
    Listed for Sale $430,000
  • 03 Jun 2010
    Listed for Rent - Price not available
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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 8,073 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 86 properties listed for sale, and 54 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 687 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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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.