1306/348 Water Street, Fortitude Valley, QLD 4006 sold on 02 December 2025 | OnTheHouse
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Sold on 02 Dec 2025 for $750,000

1306/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 1306/348 Water St, Fortitude Valley

1306/348 Water St, Fortitude Valley is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Apartment sold in Fortitude Valley in the last 12 months.

Building Type
Apartment

Last Listing description (December 2025)

Welcome to this stunning 2-bedroom, 2-bathroom apartment, perfectly positioned to capture breathtaking city views through floor-to-ceiling windows. Bathed in natural light, the open-plan living and dining area flows seamlessly onto a private balcony - the perfect spot to relax and take in the skyline.

Perfectly located just 2km from the CBD, you'll enjoy the best of urban living with cafés, restaurants, shopping, and public transport all within easy reach.

With no current tenancy, this beautiful property is ready for you to move in and make it your new home. This apartment ticks all the boxes for lifestyle and value.

Property Features:
- Spectacular city views from both the living area and bedrooms, offering a stunning urban backdrop day and night.
- Enjoy a sophisticated open-plan living and dining area that transitions smoothly to a private balcony
- Stylish, well-appointed kitchen with quality stainless-steel appliances and ample storage
- Generously sized master bedroom featuring a walk-in wardrobe and a private ensuite.
- Spacious second bedrooms with built-in wardrobes
- Modern second bathroom
- Contemporary white-tiled finishes throughout, creating a fresh and elegant atmosphere
- Separate internal laundry equipped with a clothes dryer
- A secure undercover car park space

Located in the vibrant 'Central Village' complex, you'll be at the heart of Brisbane's lifestyle district, complete with an on-site management office for a hassle-free living experience. Enjoy resort-style amenities such as a lagoon pool surrounded by lush gardens, a fully-equipped gym, rooftop BBQ areas, and a common space featuring a full-size pool table. Residents absolutely love calling this complex home!

More information:
*Total Area: 78sqm
*Body Corp: $2038.44 every 4 months approx (around $6115.32 per year/ $117.60 per week)
*Council Rates: $550.80 p.q. approx
*New Rental Appraisal: $730~750 per week
*The Building: Built in 2014 Cambridge Towers has a total of 165 apartments spread over 19 Floors
*Pet friendly complex

Living is easy with public transport connections such as Fortitude Valley Train Station, King Street, and Bus Stops all within a 10-minute walk from your doorstep.

- 0m to the closest Cafe, Supermarket, Swimming pool, Gym
- 80m to the bus stop
- 350m to Brisbane Exhibition Grounds
- 400m to King Street Dining Precinct
- 450m to Fortitude Valley Train Station and Woolworths
- 550m to Bank branch and Australia Post
- 650m to Fortitude Valley China Town
- 1km to Royal Brisbane and Women's Hospital (RBHW)
- 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 1306/348 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$750,000
02 Dec 2025
Listed for Rent
$339/w
01 Mar 2021
  • 02 Dec 2025
    Sold for $750,000
  • 11 Nov 2025
    Listed for Sale Under Contract
  • 29 Aug 2024
    Listed for Rent $680 / 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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Judy Chu
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Australian Property Alliance Management
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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.