OFF MARKET

509/338 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 64m2
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Property Details for 509/338 Water St, Fortitude Valley

509/338 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 64m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2015
Floor Size
51m2
Land Size
64m2
Local Government
Brisbane
Lot/Plan
509/SP184368

Last Listing description (August 2022)

Located within the well facilitated Central Village complex in Oxford Towers on the 5th level, this light-filled and well presented one bedroom apartment is priced to sell! Featuring great views of the city from the spacious balcony and perfectly suited to both the owner occupier looking to enter the market or the astute investor looking for a stable return, with capital growth potential. No matter the situation, this property is one you cannot miss!

Property Features:
- One spacious bedroom

- One modern bathroom
- Study nook
- Laundry
- Ceiling fan in living room and bedroom
- Generous balcony with city views
- Kitchen with stainless steel appliances
- Total area approx. 63sqm (internal 51sqm - external 12sqm)
- Air-Conditioned
- Currently rented for $350pw unfurnished until 13/02/2023 to a long term tenant
- Current market rent is approx. $400pw unfurnished

Building Facilities
- Highly Sought Lifestyle Location
- Resort-Style Swimming Pool
- Gymnasium
- Billiard Room/Lounge
- Visitor Car Parking
- Onsite Management

Perfectly located on the edge of Fortitude Valley, this vibrant 'Central Village' complex places you in the heart of Brisbane's lifestyle district. You are located on the door-step to the evolving suburb that is forever adding new eateries, entertainment and leisure facilities like the brand new King Street retail sector which is home to some of Brisbane's finest restaurants and bars.

For information regarding the Brisbane Inner City property market please go to https://raywhiteiba.com.au/news.

If you require FIRB please advise the agent in writing and visit -https://firb.gov.au/ to ensure that you are in a position to buy.

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Property History for 509/338 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$300,000
29 Jun 2022
Listed for Rent
$350/w
01 Feb 2022
  • 29 Jun 2022
    Sold for $300,000
  • 11 May 2022
    Listed for Sale Offers Over $289,000
  • 07 Jan 2022
    Listed for Rent $350 / week
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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 8,121 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 56 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 691 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.