1303/348 Water Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
FOR SALE

1303/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 48m2
Land area: 48m2
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Property Details for 1303/348 Water St, Fortitude Valley

1303/348 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.This Property is currently listed for sale with Australian Property Alliance Management

Building Type
Unit
Year Built
2014
Floor Size
48m2
Land Size
48m2
Local Government
Brisbane
Lot/Plan
1303/SP118333

Last Listing description (February 2026)

This stunning modern one-bedroom apartment offers an exceptional opportunity to secure premium inner-city living. Positioned high on level 13, the apartment boasts sweeping panoramic views and a bi-fold window design that floods the open-plan living and dining area with natural light.

Designed for comfort and lifestyle, the sleek contemporary layout creates a bright, airy atmosphere perfect for relaxing or entertaining. Whether you're an owner-occupier or investor, this apartment delivers on both style and location.

Perfectly positioned in Brisbane's vibrant lifestyle district, with dining, entertainment and transport right at your doorstep. Apartments in this complex are tightly held - and it's easy to see why.

Optional furnished package also available, offering a move-in-ready option or an exceptional investment opportunity.
A new rental appraisal estimates a return of approximately $600-$630 per week for a furnished one-bedroom apartment

Property Features:
- Bright and beautiful open-plan living and dining space, bathed in natural light
- Stylish kitchen with generous cupboard space, electric cooktop, oven, and dishwasher
- Built-in desk design for work or study at home
- Spacious bedroom with built-in wardrobes
- Well-proportioned and light-filled bathroom
- Air-conditioning throughout, plus ceiling fans in the living room and bedroom
- Modern, white tiled finishes throughout
- Separate laundry with included clothes dryer

Located within the highly sought-after Central Village complex, residents enjoy a true resort-style experience, including:
*Lagoon-style swimming pool surrounded by lush tropical gardens
*Fully equipped gym
*Rooftop BBQ and entertaining areas
*Communal recreation space with full-size pool table
*On-site management for added convenience

More information:
*Total Area: 48sqm
*Body Corp: $1,725.4 every 4 months approx (around $5176.2 per year/ $99.54 per week)
*Council rates: Approx. $548.80 per quarter
*The Building: Built in 2014 Cambridge Towers has a total of 165 apartments spread over 19 Floors
*Pet friendly complex

Perfectly positioned for effortless inner-city living, the residence enjoys exceptional connectivity with Fortitude Valley Train Station, James Street and King Street precinct, and multiple bus routes all within a comfortable 10-minute walk.

Approximate Distances
Immediate access to cafe, supermarket, swimming pool, and gym
80m to bus stop
350m to Brisbane Exhibition Grounds
400m to King Street dining and entertainment precinct
450m to Fortitude Valley Train Station and Woolworths
550m to bank branch and Australia Post
650m to Fortitude Valley Chinatown
1km to Royal Brisbane & Women's Hospital
Less than 2km to Brisbane CBD

Please note images are indicative of the same style apartment on a different floor, a viewing of the specific apartment is recommended to confirm suitability

Disclaimer: The information contained in this website has been prepared by Invech Corporation Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Property History for 1303/348 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$305,000
02 Jun 2023
Listed for Rent
$241/w
22 Aug 2019
  • 10 Feb 2026
    Listed for Sale Just Listed - Offers Over $558K
  • 15 Jan 2025
    Listed for Rent $580 / week
  • 29 Apr 2024
    Listed for Rent $550 / week
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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 8,308 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -48.08% decrease in median value, while Units have seen a 76.70% increase. As at 31 January 2026:

  • The median value for Houses in Fortitude Valley is $776,939 while the median value for Units is $718,836.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 52 properties listed for sale, and 44 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 586 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.