1502/338 Water Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

1502/338 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
Land area: 58m2
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Property Details for 1502/338 Water St, Fortitude Valley

1502/338 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 58m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in April 2025.

Building Type
Unit
Year Built
2014
Floor Size
49m2
Land Size
58m2
Local Government
Brisbane
Lot/Plan
1502/SP184368

Last Listing description (May 2026)

Perched high on the fifteenth floor of Oxford Towers within the vibrant Central Village precinct, this elevated apartment delivers a refined inner-city lifestyle with sweeping urban views and exceptional everyday convenience. Capturing expansive outlooks across the surrounding skyline and rooftops, the residence offers a low-maintenance retreat in one of Brisbane's most connected locations.Inside, generous glazing invites abundant natural light into the open-plan living and dining area while perfectly framing the elevated outlook. A neutral colour palette and tiled flooring create a sleek, contemporary aesthetic, complemented by ceiling fans and split-system air conditioning for year-round comfort. Sliding glass doors extend the living space to a covered balconyan ideal setting to unwind, entertain, and enjoy cooling breezes against a city backdrop.The kitchen is thoughtfully integrated in a practical galley layout, featuring stone benchtops, a tiled splashback, and ample cabinetry. Quality stainless steel appliances include an electric oven, cooktop, dishwasher, and built-in microwave, delivering both style and functionality.Privately positioned, the bedroom is well-appointed with plush carpet, a mirrored built-in wardrobe, and a built-in study deskperfect for work-from-home flexibility. It also includes a ceiling fan and air conditioning for added comfort. The bathroom is finished in a clean, modern palette with a glass-framed shower and a vanity with storage, while a full-size internal laundry enhances everyday practicality.Residents of Oxford Towers enjoy access to impressive resort-style amenities, including lagoon and lap pools, a fully equipped gym, yoga lawn, and a rooftop entertaining terrace with BBQ facilities and city views. A pavilion lounge with seating and a pool table provides additional communal space, while secure entry, lift access, CCTV, and onsite management ensure peace of mind. The apartment also includes secure parking for one vehicle.Positioned within Central Village, the property places an array of lifestyle and convenience offerings at your doorstep, with cafs, supermarkets, and public transport close by. King Street dining, James Street boutiques, Chinatown, and Fortitude Valley train station are all within easy walking distance, while the Brisbane Showgrounds, Royal Brisbane and Women's Hospital, and the CBD are just minutes away.Combining elevated views, modern finishes, and outstanding amenities, this apartment presents an exceptional opportunity for professionals, investors, or first home buyers seeking a premium inner-city address.Enquire today to arrange your inspection.

Property History for 1502/338 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$510,000
16 Apr 2025
Listed for Rent
10 Feb 2026
  • 26 Apr 2026
    Listed for Sale Offers Over $650,000
  • 05 Feb 2026
    Listed for Rent $650 / week
  • 16 Apr 2025
    Sold for $510,000
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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 8,303 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 23.93% increase in median value, while Units have seen a 87.34% increase. As at 31 May 2026:

  • The median value for Houses in Fortitude Valley is $2,179,009 while the median value for Units is $784,444.
  • Houses have a median rent of $705 while Units have a median rent of $660.
There are currently 58 properties listed for sale, and 44 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 503 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.