SOLD
Sold on 03 Feb 2024 for $520,000

68/20 Gipps Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 101m2
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Property Details for 68/20 Gipps St, Fortitude Valley

68/20 Gipps St, Fortitude Valley is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 101m2 and floor size of 88m2. 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
1999
Floor Size
88m2
Land Size
101m2
Local Government
Brisbane
Lot/Plan
68/BUP106911

Property History for 68/20 Gipps St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$520,000
03 Feb 2024
  • 03 Feb 2024
    Sold for $520,000
  • 09 Nov 2006
    Sold for $310,000
  • 24 Jul 1997
    Sold for $237,500

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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 8,123 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 99 properties listed for sale, and 61 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 684 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.