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Sold on 23 Apr 2024 for $920,000

306/587 Gregory Terrace
Fortitude Valley QLD 4006

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 306/587 Gregory Tce, Fortitude Valley

306/587 Gregory Tce, Fortitude Valley is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Apartment sold in Fortitude Valley in the last 12 months.

Building Type
Apartment
Local Government
Brisbane
Lot/Plan
306/SP150719

Last Listing description (April 2024)

Introducing a rare gem in the heart of Fortitude Valley, where modern luxury meets unparalleled privacy. This top-floor, fully renovated split-level apartment boasts 3 bedrooms, 2 bathrooms, and 2 secure car parks, making it a haven for discerning owner-occupiers and savvy investors alike. With only 5 units sharing the same floor and just the living room wall adjoining the neighbouring apartment, privacy is maximized, offering an exclusive retreat in a bustling urban setting.

Step inside to discover a world of elegance and sophistication. The central open-plan kitchen and dining area, featuring soaring ceilings and premium Miele appliances, seamlessly flows onto an expansive entertaining balcony, perfect for hosting gatherings or enjoying serene moments overlooking the historic museum and RNA Showgrounds. Luxurious touches like stone benchtops, built-in wardrobes, and plantation shutters throughout add to the allure of this remarkable residence. There is also the option to purchase the furniture with the apartment.

Convenience is key in this meticulously designed complex. Direct lift access from your secure car parks, complete with a storage cage, ensures effortless arrivals and departures. Residents also enjoy access to a central tropical pool and spa, a gym, and onsite management services. Plus, with the upcoming Brisbane Cross River Rail station at Bowen Hills just a short stroll away, commuting couldn't be easier.

Explore the vibrant surroundings on foot, with Victoria Park parklands, the Royal Brisbane Hospital, and the renowned King Street restaurant precinct all within walking distance. With the added bonus of being near elite schools and the site of the 2032 Olympic equestrian events, this apartment offers a lifestyle of unparalleled convenience and luxury.

Property History for 306/587 Gregory Tce, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$920,000
23 Apr 2024
Listed for Rent
$500/w
05 Apr 2008
  • 09 Apr 2024
    Sold for $920,000
  • 25 Mar 2024
    Listed for Sale For Sale
  • 10 May 2022
    Sold for $855,000
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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 8,267 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 104 properties listed for sale, and 56 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 714 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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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.