SOLD
Sold on 27 Feb 2024 for $460,000

303/56 Prospect Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 99m2
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Property Details for 303/56 Prospect St, Fortitude Valley

303/56 Prospect St, Fortitude Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 99m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Fortitude Valley in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
66m2
Land Size
99m2
Local Government
Brisbane
Lot/Plan
303/SP259352

Last Listing description (May 2024)

Positioned on the doorstep of endless dining, shopping and entertaining landmarks, this modern apartment provides the very best of inner city living with an enticing low-maintenance requirement. Offering unbeatable convenience from its brilliantly central location, it is ideally sized for professionals with all the qualities that investors are seeking for an easy portfolio addition!

Enjoying a prime northerly aspect and a highly generous 99m2 footprint, great natural light bounces throughout an airy open-plan lounge and dining with the adjacent kitchen impressing in a functional straight-line footprint; the modern fit-out including streamlined white cabinetry, sleek stone and stainless appliances.

Sliding doors open to the private rear balcony, where an urban landscape includes sparkling city buildings and the spacious layout includes covered and open-air space to unwind.

Two built-in bedrooms are available, each comfortably carpeted with a central study nook including a built-in desk. The master benefits from a walk-in robe and private alfresco access whilst the bathroom handles the requirements of the occupants in contemporary style and includes an integrated laundry.

You have an endless supply of the best of Brisbane's dining in every direction whilst large inner-city shopping districts quite literally at your door include Emporium, Homebase, Gasworks and James Street. There are plenty of options for healthy living with a large gym and aquatic centre just five minutes walk away whilst the rest of the CBD is just a short scooter or bus ride away. Particularly appealing to investors and professionals, this location ticks all the boxes!

- Modern two bedroom apartment in the heart of Fortitude Valley
- Open-plan living and dining with great natural light
- Sleek modern kitchen with streamlined joinery, stainless appliances and stone
- Large alfresco balcony with northerly aspect and city landscape
- Spacious study nook including built-in desk
- Two built-in bedrooms; master including walk-in robe and private alfresco access
- Contemporary bathroom with integrated laundry
- Secure singe vehicle parking
- Within quick walking distance to extensive dining and shopping precincts including Emporium, Gasworks and Fortitude Valley Homebase as well as Newstead, New Farm and the CBD!

This property is soon to be vacant, book your inspection and move in across the holidays! Contact Steven Webster on 0433 984 117 for more information.

Property History for 303/56 Prospect St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$460,000
27 Feb 2024
Listed for Rent
$390/w
19 Jan 2018
  • 27 Feb 2024
    Sold for $460,000
  • 24 Nov 2023
    Listed for Sale Under Contract
  • 19 Jan 2018
    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 8,123 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 99 properties listed for sale, and 61 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 688 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.