SOLD
Sold on 20 Sep 2024 for $490,000

7/592 Ann Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 74m2
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Property Details for 7/592 Ann St, Fortitude Valley

7/592 Ann St, Fortitude Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 74m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Fortitude Valley in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
74m2
Land Size
74m2
Local Government
Brisbane
Lot/Plan
7/BUP106965

Last Listing description (September 2024)

Experience an unparalleled opportunity with this charming two-bedroom, one-bathroom apartment, complete with a car park space, located in the exceptionally central, "Cathedral Place." This owner occupied unit is the perfect fit for first home buyers, downsizers, and investors alike. With a potential rental return of $600+ per week and resort-style facilities, this apartment boasts a convenient lifestyle in a prime location.

Property Highlights:
Resort-Style Living: "Cathedral Place" offers a relaxing, private sanctuary with multiple recreation and leisure zones. Residents and their guests can entertain, relax, and unwind in a lush tropical oasis, featuring:

- 2 outdoor pools (lap pool and recreational pool)
- Man-made beach
- Heated spa and sauna
- Gymnasium on the pool level
- 3 communal BBQ areas
- Landscaped gardens
Apartment Features:
- 2 generously sized bedrooms with built-in robes
- 1 shower & toilet in bathroom
- Laundry amenties
- Fully renovated kitchen with gas cooktop, oven, rangehood, dishwasher, and ample storage
- Spacious enclosed balcony perfect for leisure and dining
- Air-conditioning
- Secure complex with onsite management and lift access

Enjoy the dynamic entertainment precint of Fortitude Valley with Chinatown Mall & Howard Smith Wharves on your doorstep. A short 10-minute stroll brings you to the Queen Street Mall in Brisbane's CBD.

Join us at one of our upcoming inspections to see everything this charming apartment has to offer!
For further information or to schedule an inspection, please contact Frances Charisma & Simon Petrie.

Property History for 7/592 Ann St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$490,000
20 Sep 2024
  • 20 Sep 2024
    Sold for $490,000
  • 17 Jul 2024
    Listed for Sale For Sale - Offers Mid 500's
  • 13 Jan 2022
    Sold for $305,000
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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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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.