SOLD
Sold on 12 Feb 2024 for $680,000

309/20 Malt Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
Land area: 120m2
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Property Details for 309/20 Malt St, Fortitude Valley

309/20 Malt St, Fortitude Valley is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 120m2 and floor size of 78m2. 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
1998
Floor Size
78m2
Land Size
120m2
Local Government
Brisbane
Lot/Plan
38/SP113610

Last Listing description (March 2024)

This 2 bed 2 bath apartment positioned in the heart of Brisbane's entertainment precinct this apartment offers the best of inner-city living. Step outside your door and experience the best that contemporary Fortitude Valley has to offer. An apartment of this calibre is suited to savvy investors and residents alike. Reap the benefits of owning a property that is consistently in demand as a long term rental, or simply enjoy the vibrant culture that Fortitude Valley has to offer. This beautiful and airy apartment boasts an open floor plan with combined living and dining areas. The open plan kitchen is made for easy conversations when guests drop by. You can relax at the front balcony overlooking Brunswick Streets buzz, the main balconies are north facing with views to the airport. Else, make the best of your large terrace at the back and entertain your friends around a barbecue! Ideally situated in Brisbane's vibrant Fortitude Valley precinct this is an opportunity not to be missed. Within walking distance and only 12km from Brisbane airport properties such as this are consistently in demand for long term rentals and this property has never been vacant for more than few days. Surrounded by some of Brisbane's best cafes and restaurants, including the Chinatown Mall, James St Urban Village and Cinemas (5 mins walk), also walk away from the Howard Smith Wharves, a wonderful new tourist development.

Comprising of:
* Low body corporates approx. $1532 / quarter

* water rate approx. $336 / quarter
* Council rate approx. $409 / quarter
* Approx 120sqm in total * Air conditioned
* Two ensuites, one of them with a two ways entrance
* Internal laundry
* 1 balcony overlooking at Brunswick buzz plus 1 corner balcony
* 1 spacious entertainer terrace*Open plan living
* Open plan kitchen with dishwasher
* Spacious covered entrance
* Pool, gym, sauna in complex
* Onsite manager
* Underground secure car park
* Lift

CONTACT JIMMY FOR An INSPECTION(Listing ID: 21125725 )

Property History for 309/20 Malt St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$680,000
12 Feb 2024
Listed for Rent
$565/w
30 Jun 2018
  • 12 Feb 2024
    Sold for $680,000
  • 10 Jan 2024
    Listed for Sale UNDER CONTRACT
  • 18 Jun 2021
    Sold for $445,000
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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 8,125 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 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.

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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.