1207/348 Water Street, Fortitude Valley, QLD 4006 sold on 10 December 2025 | OnTheHouse
SOLD
Sold on 10 Dec 2025 for $655,000

1207/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 59m2
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Property Details for 1207/348 Water St, Fortitude Valley

1207/348 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 59m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 1 bedroom Apartment sold in Fortitude Valley in the last 12 months.

Building Type
Apartment
Land Size
59m2

Last Listing description (December 2025)

Why you'll love it:
Step into this sleek, modern apartment in the vibrant heart of Fortitude Valley, where city living meets serene comfort. Located on the 12th floor, it offers unmatched city views, creating a perfect urban retreat.

The open-plan design allows natural light to fill the space with an airy ambiance. Enjoy exclusive amenities including a rooftop BBQ, pool, and gym, plus secure parking and easy access to transport, dining, and nightlife.

Key features:
- Stunning views of the city skyline from the 12th floor
- Modern design blending comfort and style
- Open-plan living, dining, and kitchen area with natural light
- Contemporary kitchen with sleek layout and ample storage
- Spacious bedroom with built-in wardrobe and large windows
- Air-conditioned living area for year-round comfort
- Secure parking for one car in the complex
- Rooftop BBQ area perfect for entertaining guests
- Large pool and fully equipped gym for residents
- Convenient access to public transport options nearby
- Located in the vibrant center of Fortitude Valley
- Cafes, bars, and restaurants just a short stroll away
- Easy access to the renowned Agnes restaurant and nightlife
- Tranquil living environment in a bustling neighborhood
- Perfect urban retreat for city professionals

Financial Information:
- Body Corporate Levies: Approx. $5,457.52 / annum
- Council Rates: Approx. $548.82 / quarter
- Water Rates: Approx. $331.02 / quarter
- Rental Income: $620 / week
- Rental Appraisal: $690 / week
- Lease End : 19/2/2026

Best suited for:
Young professionals or city dwellers seeking a stylish urban retreat with easy access to everything the city has to offer, and investors chasing strong returns.

Disclosure:
Please note that the images used in this advertisement are indicative only and may not represent the exact layout or finishes of the current listing as the property is currently tenanted.

Property History for 1207/348 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$655,000
10 Dec 2025
Listed for Rent
$620/w
24 Jan 2025
  • 10 Dec 2025
    Sold for $655,000
  • 23 Nov 2025
    Listed for Sale Under Offer
  • 22 Nov 2024
    Listed for Sale Sold
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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 8,291 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 64 properties listed for sale, and 30 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 506 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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Atlas | Brisbane
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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.