OFF MARKET

38/50 Anderson Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 79m2
Land area: 162m2
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Property Details for 38/50 Anderson St, Fortitude Valley

38/50 Anderson St, Fortitude Valley is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 162m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1995
Floor Size
79m2
Land Size
162m2
Local Government
Brisbane
Lot/Plan
38/BUP104022

Last Listing description (August 2022)

This stylish resort style apartment boasts great inner city living. It features 2 good sized bedrooms, main bedroom has walk-in robe and ensuite, 2 bathrooms, large front balcony and smaller second balcony, large living and dining room, kitchen with gas cooking, single lock-up garage with plenty of storage room, and all in a secure complex with resort facilities in the downtown Fortitude Valley.

The living area is a staggering 141sqm, giving you plenty of living space, a rarity in inner city apartments. The entrance is accessed by remote and 2 keypad stations, providing excellent security. The complex facilities include beautiful green gardens with a small putting green, swimming pool, spa and barbecue area for entertaining.

You will be close to everything with the Valley centre 3 minutes walk away and the city centre 10 minutes from there, buses and trains are just a step away, as is the RNA showgrounds and Royal Brisbane Hospital, and the inner city bypass gives you direct access to anywhere.

For INVESTORS this apartment delivers strong and secure rental returns, fetching $585 per week.

Private inspections are encouraged and due to security of the unit please let me know if you wish to inspect

Property History for 38/50 Anderson St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$585,000
06 May 2022
Listed for Rent
$585/w
08 Jun 2014
  • 06 May 2022
    Sold for $585,000
  • 17 Apr 2022
    Listed for Sale Under Contract
  • 02 Nov 2021
    Listed for Sale $488000
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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 8,126 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.

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.