SOLD
RECENT ADVICE
Sold on 24 Oct 2024 for $511,900

5 Brunswick Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 460m2
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Property Details for 5 Brunswick St, Fortitude Valley

5 Brunswick St, Fortitude Valley is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 460m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Fortitude Valley in the last 12 months.

Building Type
Unit
Land Size
460m2
Local Government
Brisbane
Lot/Plan
2/BUP102439

Last Listing description (November 2024)

An Excellent Investment Opportunity.
This property consisting of a-two bedroom apartment with interconnecting doors will provide investors with a variety of excellent options. Either as a stand-alone investment with excellent earning power or live in one and rent out the other or enjoy the entire space as your new home. The location is very central so you can walk to the Valley, CBD or Royal Brisbane Hospital in just a few minutes. Features include:

* Two studio apartments on one lot with excellent returns.

* Full-size raised kitchen.
* Furnished interiors with built-in wardrobes & ceiling fans.
* A sunny outdoor space for relaxing & one dedicated car space.
* Rental returns are currently at $615 per week.
* Very inexpensive body corp levies at $680 per quarter.
* Bcc Rates $506.70 Urban Utilities $315 approx, both payable quarterly.
* Enjoy the arts at the old Qld Museum or exercise at the Centenary Aquatic Centre.
* Current leases expire July 2025.

Investors will be delighted with the ROI and the very low body corporate levies will certainly assist with providing an excellent net return. Just minutes from the CBD you can almost be assured of future development interest but in the meantime, this property is an uncut gem.

Property History for 5 Brunswick St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$511,900
24 Oct 2024
Listed for Rent
$265/w
10 Nov 2016
  • 24 Oct 2024
    Sold for $511,900
  • 30 Sep 2024
    Listed for Sale Best Offer Over $450,000
  • 20 Oct 2016
    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 8,124 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 90 properties listed for sale, and 55 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 679 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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Brett O'Connor
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O'Connor Realty
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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.