116/587 Gregory Terrace, Fortitude Valley, QLD 4006 sold on 07 May 2025 | OnTheHouse
 
SOLD
Sold on 07 May 2025 for $610,000

116/587 Gregory Terrace
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 116/587 Gregory Tce, Fortitude Valley

116/587 Gregory Tce, Fortitude Valley is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Apartment sold in Fortitude Valley in the last 12 months.

Building Type
Apartment

Last Listing description (May 2025)

Nestled in a prime location, this modern two-bedroom unit offers the perfect blend of style, convenience, and lifestyle. Featuring an open-plan design, the spacious living, dining, and kitchen area seamlessly flows onto a private balcony, creating an inviting space for relaxation or entertaining. The well-appointed kitchen boasts quality appliances and ample storage, making it ideal for home cooks and entertainers alike.

The unit features two generously sized bedrooms, both designed with comfort in mind, while a central bathroom provides modern functionality. A secure car park ensures peace of mind, adding to the practicality of this fantastic apartment. Whether you're an owner-occupier or an investor, this is an opportunity not to be missed.

Beyond your doorstep, residents enjoy exclusive access to a range of resort-style amenities, including a sparkling pool, a fully equipped gym, and the convenience of onsite management. The vibrant King Street dining precinct and RNA Showgrounds are just moments away, offering an array of restaurants, cafés, and entertainment options right at your fingertips.

Perfectly positioned for easy access to Brisbane's CBD, public transport, and local attractions, this unit presents an unbeatable lifestyle opportunity. Don't miss your chance to secure this stylish and conveniently located property—contact us today for more information or to arrange an inspection!

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Property History for 116/587 Gregory Tce, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$610,000
07 May 2025
  • 10 May 2025
    Listed for Rent $680 / week
  • 17 Apr 2025
    Sold for $610,000
  • 01 Apr 2025
    Listed for Sale Under Contract
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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 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 8,306 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -43.32% decrease in median value, while Units have seen a 74.32% increase. As at 30 November 2025:

  • The median value for Houses in Fortitude Valley is $752,329 while the median value for Units is $685,874.
  • Houses have a median rent of $650 while Units have a median rent of $625.
There are currently 40 properties listed for sale, and 44 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 607 properties were sold in the past 12 months in Fortitude valley.

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