1202/348 Water StreetFortitude Valley QLD 4006
Property Details for 1202/348 Water St, Fortitude Valley
1202/348 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 48m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (February 2023)
The apartment is vacant, ready for immediate move in!
Located on the 12th floor within the Cambridge Tower in Central Village - 348 Water Street, Fortitude Valley. This 1 Bedroom apartment is located only minutes away from Brisbane CBD.
Property Features:
- Spacious bedroom with built-in robe
- Open plan kitchen with island bench top
- Full height joinery in the kitchen for additional storage
- Air-conditioning and ceiling fans throughout
- Large bathroom
- Internal laundry space with dryer included
- Tiled throughout in both kitchen and living room area
- Floor to ceiling windows
- Security access to the foyer and lift, intercom system
Amenities:
- Two Large resort-style inground Swimming Pool with BBQ and seating facilities
- A fully equipped gym, TV area, large sitting areas and reading areas
- Large Function Room with public kitchen
- Stunning city and mountain views from the huge roof-top deck with BBQ, seating, and lounge areas
- A large yoga lawn
- Secure building with CCTV, intercom and resident-only access, on-site management
- Walk distance to shops, restaurants, bus stops, train station and City CBD
Body Corporate: Approx. $3,600/year
Rent appraisal: Approx $400/ week great for investment yield
Healthy Sinking fund
Property History for 1202/348 Water St, Fortitude Valley, QLD 4006
- 18 Jan 2023Sold for $290,000
- 07 Jan 2023Listed for Sale Contact agent
- 14 Jan 2013Sold for $345,500
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0About 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 8,302 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.
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