409/348 Water Street, Fortitude Valley, QLD 4006 | Apartment for sale | OnTheHouse
 
FOR SALE
Top Offer Closing September 16 at 4:00 pm

409/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Contemporary Comfort in a Connected Inner-City Setting

Positioned within one of Brisbane's most vibrant inner-city precincts, this beautifully presented one-bedroom apartment offers an effortless combination of modern living, thoughtful design and exceptional convenience.
Light-filled and inviting, the open-plan kitchen, dining and living area flow seamlessly onto a private balcony, creating an easy extension of the living space while capturing city views. The contemporary kitchen is anchored by a generous island bench, providing ample preparation and dining space, while air-conditioning ensures year-round comfort.
The spacious bedroom is complemented by a well-appointed bathroom, while a dedicated built-in study nook provides a practical space to work or study from home without compromising the main living areas. A secure car space further enhances the apartment's everyday functionality.
Residents enjoy access to an impressive selection of amenities, including a swimming pool and spa, along with a residents' lounge featuring generous seating and a pool table. Designed for both relaxation and entertaining, these shared spaces provide an added lifestyle advantage as Brisbane moves into the warmer months.
Perfectly positioned just moments from the renowned James Street precinct and Howard Smith Wharves, some of Brisbane's best cafés, restaurants, bars and boutique shopping are within easy reach. Public transport connections are also nearby, with the CBD only minutes away.
Combining contemporary finishes, a functional floorplan and an enviable Fortitude Valley address, this is an outstanding opportunity for owner-occupiers and investors seeking a quality, low-maintenance apartment in the heart of Brisbane's inner city.

Property Details for 409/348 Water St, Fortitude Valley

409/348 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Place New Farm.

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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 8,305 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, 476 properties were sold in the past 12 months in Fortitude valley.

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Alex Rutherford
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Bella Mullan
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