1201/348 Water Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

1201/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 60m2
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Last updated 22 Jun 2026
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Property Details for 1201/348 Water St, Fortitude Valley

1201/348 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 60m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Unit
Year Built
2014
Floor Size
51m2
Land Size
60m2
Local Government
Brisbane
Lot/Plan
1201/SP118333

Last Listing description (January 2026)

Welcome to 1201/348 Water Street, Fortitude Valley - an unfurnished one-bedroom apartment offering low-maintenance inner-city living in a highly connected and vibrant location. Positioned within a residential building close to transport, dining and entertainment precincts, this apartment is ideal for professionals or students seeking easy access to the CBD.The apartment features a functional living area, complemented by a practical kitchen with good storage. The bedroom is well proportioned and serviced by a central bathroom, with internal laundry facilities adding everyday convenience.Apartment Features: One bedroom One bathroom Functional living area Practical kitchen with good storage Internal laundry facilities Unfurnished Secure residential buildingLocation Highlights: Central Fortitude Valley location Walking distance to cafs, restaurants and nightlife precincts Close to public transport options including train and bus Easy access to Brisbane CBD, New Farm and Spring Hill Nearby supermarkets, gyms and everyday amenitiesOffering convenience and inner-city lifestyle at your doorstep, 1201/348 Water Street presents a great rental opportunity in one of Brisbane's most dynamic suburbs.How to book & inspect this property:Book an inspection online or contact Ray White West End at 07 3844 4244To submit an application click the Apply button or visit http://raywhitewestend.com.au/rent/apply/DISCLAIMER: Whilst care has been taken in the preparation of the marketing material, no representation is made or accepted by the vendor or real estate agents for the accuracy of the information presented. The material in this advertisement has been prepared solely for information purposes and is not intended to form part of any contract or constitute an offer or invitation to the public. Interested persons should make and rely on their own independent enquiries.

Property History for 1201/348 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$415,000
12 Dec 2024
Listed for Rent
27 Jan 2026
  • 20 Jan 2026
    Listed for Rent $575 / week
  • 12 Dec 2024
    Sold for $415,000
  • 12 Nov 2024
    Listed for Sale $400,000 +
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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 8,298 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 23.93% increase in median value, while Units have seen a 87.34% increase. As at 31 May 2026:

  • The median value for Houses in Fortitude Valley is $2,179,009 while the median value for Units is $784,444.
  • Houses have a median rent of $705 while Units have a median rent of $660.
There are currently 63 properties listed for sale, and 32 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 512 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.