OFF MARKET

115/587 Gregory Terrace
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 76m2
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Property Details for 115/587 Gregory Tce, Fortitude Valley

115/587 Gregory Tce, Fortitude Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 76m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
2000
Floor Size
76m2
Land Size
76m2
Local Government
Brisbane
Lot/Plan
115/SP150719

Last Listing description (July 2023)

This spacious apartment offers the resort lifestyle you have been looking for, whilst still within easy reach of the Brisbane CBD. A modern kitchen overlooks the living/dining area and out to the light-filled balcony, bringing the outside in. The property features two large bedrooms, complete with built in wardrobes & a neat and tidy bathroom. Apartment 115 is conveniently located on the quieter side of the complex, making this a great purchase for owner occupiers.

'Terrace on Gregory' is a quiet complex situated on the border of Spring Hill and Fortitude Valley. A fantastic lifestyle of cafes and restaurants is right on your doorstep whilst public transport, schools and shops are all within a short walk. With a beautiful resort style pool & barbeque area located on ground floor, fully secure basement car parking & spacious gym, this property really has everything you need.

Property Features:

- 2 bedrooms with built-in robes and a spacious bathroom
- Secure, undercover car space
- Large, light-filled balcony
- Air-conditioning and a modern kitchen
- The complex offers a pool, spa and gymnasium
- Walking distance to Brisbane's best schools, Fortitude Valley and the King Street precinct
- Ideal location for staff working at the Royal Brisbane & Women's Hospital

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Property History for 115/587 Gregory Tce, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$425,000
06 Jul 2022
Listed for Rent
$430/w
07 Mar 2017
  • 06 Jul 2022
    Sold for $425,000
  • 16 Jun 2022
    Listed for Sale Under Contract
  • 15 Feb 2017
    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 8,125 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, 694 properties were sold in the past 12 months in Fortitude valley.

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