302/587 Gregory Terrace, Fortitude Valley, QLD 4006 | Apartment for sale | OnTheHouse
 
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302/587 Gregory Terrace
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Spacious Two-Bedroom Apartment in the Heart of Fortitude Valley

Positioned in a highly convenient Fortitude Valley location, this well-presented two-bedroom apartment at 587 Gregory Terrace offers comfortable inner-city living with a practical layout and excellent outdoor space. Complete with secure car accommodation, the property presents an appealing opportunity for owner-occupiers and investors looking to secure a foothold in one of Brisbane's most connected lifestyle precincts.
The open-plan living and dining area provides plenty of room to relax and entertain, with air-conditioning and ceiling fans adding year-round comfort. The adjoining kitchen offers excellent storage and bench space, stainless steel appliances and a breakfast bar, creating a functional hub that connects seamlessly with the main living area. Sliding glass doors extend the space onto a generous covered balcony, ideal for outdoor dining, entertaining or simply enjoying the elevated urban outlook.
Both bedrooms are well proportioned and feature ceiling fans, with excellent built-in storage providing plenty of everyday practicality. A centrally positioned bathroom includes a shower over bath, while the separate internal laundry adds further convenience. Neutral interiors throughout provide an easy-care backdrop, with the apartment offering comfortable living as is while still providing scope for a future owner to add their own personal touches.
Located on the doorstep of everything Fortitude Valley has to offer, the apartment places cafés, restaurants, shopping, entertainment and public transport within easy reach. With the Brisbane CBD, King Street, RNA Showgrounds and surrounding inner-city precincts all close by, this is a fantastic opportunity to enjoy a convenient lifestyle or secure a well-located investment in a consistently popular part of Brisbane.

Property Details for 302/587 Gregory Tce, Fortitude Valley

302/587 Gregory Tce, Fortitude Valley is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with SPACE Property Paddington.

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About Fortitude Valley 4006

The size of Fortitude Valley is approximately 1.4 square kilometres. There are 2 parks, covering nearly 1.5% of the total area. The population of Fortitude Valley in 2016 was 6978 people. By 2021 the population was 9708 showing a population growth of 39.1% 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 2021, 17.60% of the homes in Fortitude Valley were owner-occupied compared with 21.00% in 2016.

Fortitude Valley has 8,304 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 16.36% increase in median value, while Units have seen a 80.42% increase. As at 31 July 2026:

  • The median value for Houses in Fortitude Valley is $2,087,707 while the median value for Units is $774,718.
  • Houses have a median rent of $650 while Units have a median rent of $680.
There are currently 80 properties listed for sale, and 45 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 473 properties were sold in the past 12 months in Fortitude valley.

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Andrew Tran
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Sam Mayes
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