72 Warry StreetFortitude Valley QLD 4006
Property Details for 72 Warry St, Fortitude Valley
72 Warry St, Fortitude Valley is a 9 bedroom, 2 bathroom House with 5 parking spaces and was built in 1900. The property has a land size of 329m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (September 2021)
72 Warry Street is currently used as student accommodation with two kitchens, a large living area and nine rooms, eight of which are currently tenanted returning a total of $1,320 per week. Of the leases, 90% will run until January 2022 making this a set-and-forget investment opportunity anyone would love to add to their portfolio.
The property offers plenty of parking at the rear and one lock up garage in the front of the home.
This is a rare opportunity for you to own 329m2 of land in the heart of Fortitude Valley with multiple living options available.
- An excellent investment opportunity in the beating heart of Fortitude Valley
- Investors will love the amazing weekly return of $1,320 at 72 Warry Street with an additional $130 per week for room 7 if rented out (currently vacant)
- Ample parking is included
- Located within walking distance of the new Gregory Terrace development
- Close to James Street, New Farm and the King St dining precinct
- A stone's throw to the Brisbane Grammar and St Joseph's Gregory Terrace
- Minutes from the city centre and upcoming Victoria Park development
Property History for 72 Warry St, Fortitude Valley, QLD 4006
- 19 Aug 2021Sold for $1,335,000
- 29 Jul 2021Listed for Sale For Sale
- 27 Nov 2019Listed for Rent $165 / 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 8,124 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.
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