1202/338 Water Street, Fortitude Valley, QLD 4006 sold on 25 May 2026 | OnTheHouse
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Sold on 25 May 2026 for $710,000

1202/338 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 1202/338 Water St, Fortitude Valley

1202/338 Water St, Fortitude Valley is a 1 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 2026. There are other 1 bedroom Apartment sold in Fortitude Valley in the last 12 months.

Building Type
Apartment

Last Listing description (May 2026)

Why you'll love it:
Positioned on the 12th floor, this elevated apartment presents a well-considered inner-city base with expansive urban outlooks and exceptional everyday convenience. Positioned to capture wide views across the surrounding skyline and rooftops, the residence offers a comfortable, low maintenance lifestyle in one of Brisbane's most connected locations.

Natural light pours through expansive windows into the open plan living and dining area, highlighting the elevated outlook and creating a bright, inviting atmosphere. A modern neutral colour palette is paired with tiled flooring for a sleek, low maintenance finish, while ceiling fans and split system air conditioning ensure comfort throughout every season. Sliding glass doors connect seamlessly to a covered balcony, offering the perfect space to unwind while taking in the city skyline and resort-style pool views.

Positioned at the heart of the apartment, the kitchen is designed with both style and functionality in mind. The practical galley layout features stone benchtops, a tiled splashback, ample storage, and quality stainless steel appliances including an electric cooktop, oven, dishwasher, and built in microwave.

Set privately away from the main living zone, the bedroom provides a quiet retreat complete with soft carpet flooring, a mirrored built in wardrobe, and a convenient study desk. A ceiling fan and air conditioning add further comfort, while the modern bathroom is finished with a sleek glass shower and vanity with storage. Completing the layout is a full size internal laundry for everyday convenience.

Key Features:
- Secure car space included
- Balcony with city skyline and pool views
- Study nook in bedroom
- Beach-style swimming pools for resort-style relaxation
- Rooftop and ground-level BBQ entertaining spaces
- Modern gym and private residents' function room
- Secure swipe-access throughout the building
- Air conditioning in both living and bedroom areas
- Built-in wardrobe and internal laundry nook
- Sleek contemporary finishes throughout
- Onsite management for added convenience
- Moments from Woolworths, cafés, restaurants, and rooftop bars

Ideal for:
Investors, professionals, or downsizers seeking a low-maintenance apartment that combines elevated views, resort-style amenities, secure parking, and unbeatable inner-city convenience.

Property History for 1202/338 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$710,000
25 May 2026
Listed for Rent
$625/w
12 Aug 2025
  • 25 May 2026
    Sold for $710,000
  • 11 May 2026
    Listed for Sale For Sale
  • 05 Aug 2025
    Listed for Rent $625 / week
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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 8,301 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 51.02% increase in median value, while Units have seen a 90.33% increase. As at 30 June 2026:

  • The median value for Houses in Fortitude Valley is $2,075,030 while the median value for Units is $795,112.
  • Houses have a median rent of $655 while Units have a median rent of $675.
There are currently 72 properties listed for sale, and 33 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 496 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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Lachy Reid
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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.