SOLD
RECENT ADVICE
Sold on 05 Nov 2024 for $470,000

605/56 Prospect Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 605/56 Prospect St, Fortitude Valley

605/56 Prospect St, Fortitude Valley is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Apartment sold in Fortitude Valley in the last 12 months.

Building Type
Apartment
Local Government
Brisbane
Lot/Plan
605/SP259352

Last Listing description (November 2024)

Located in the boutique Precinct on Prospect, this spacious 65m² apartment offers a unique combination of modern comfort and urban sophistication within one of Brisbane's most vibrant districts. Thoughtfully designed to maximise both space and versatility, it promises a lifestyle of quality and convenience, perfectly positioned close to everything the suburb has to offer.

Inside, an open plan living and dining area creates a spacious, welcoming atmosphere perfect for both relaxation and entertaining. A built-in office desk adds practicality for work-from-home needs, while air conditioning enhances comfort throughout, and newly laid carpet provides a fresh, stylish finish. Screened glass sliders lead to a covered balcony, offering sweeping suburban views and a delightful outdoor retreat for dining or unwinding.

Beautifully appointed, the kitchen is complete with stone benchtops, ample cabinetry, and premium stainless-steel appliances, including a gas cooktop, electric oven, dishwasher, and double sink. A thoughtfully positioned serving window makes entertaining effortless and adds a touch of elegance to this well-designed space.

Providing both comfort and style, the main bedroom boasts a ceiling fan and a generously sized walk-in wardrobe, and is just steps away from the bathroom, complete with shower, ample storage and a concealed laundry.

Further enhancing the apartment's appeal, modern conveniences such as intercom and lift access, secure car parking, and visitor parking ensure a secure, low-maintenance lifestyle.

Located in a peaceful cul-de-sac, Precinct on Prospect offers privacy while remaining within walking distance of the Gasworks precinct, Fortitude Valley's entertainment district, James Street, The Calile Hotel and Howard Smith Wharves. Brisbane's best cafés, restaurants, and riverwalks are all nearby, as is access to bus, train, and ferry options for seamless commuting.

Embrace this exceptional lifestyle by arranging a viewing and making Precinct on Prospect your next home.

Disclaimer:
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 605/56 Prospect St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$470,000
05 Nov 2024
Listed for Rent
$360/w
20 Feb 2018
  • 05 Nov 2024
    Sold for $470,000
  • 01 Nov 2024
    Listed for Sale For Sale
  • 15 Feb 2018
    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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Michael Kafantaris
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Aaron Woolard
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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.