1604/348 Water Street, Fortitude Valley, QLD 4006 sold on 15 May 2025 | OnTheHouse
SOLD
Sold on 15 May 2025 - Price Unavailable

1604/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 1604/348 Water St, Fortitude Valley

1604/348 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 1 bedroom Apartment sold in Fortitude Valley in the last 12 months.

Building Type
Apartment

Last Listing description (May 2025)

Positioned in the vibrant lifestyle precinct of Fortitude Valley, this stylish one-bedroom apartment presents a perfect blend of modern design, low-maintenance living, and unbeatable convenience. Whether you're an owner-occupier seeking inner-city ease or an investor looking for a well-located asset, this property ticks all the right boxes.

Located within a cosmopolitan residential complex, the apartment welcomes you with a long entrance hallway leading into a bright, open-plan living, dining, and kitchen area. Floor-to-ceiling windows flood the space with natural light while offering sweeping suburban views, creating an airy and inviting atmosphere.

The sleek, well-appointed kitchen features a built-in dishwasher, microwave, and generous storage. A smartly integrated study nook sits by the windows, providing an ideal space for remote work or study with a view. Step out from the living area onto the private balcony-perfect for relaxing or entertaining-complete with a handy storage cupboard.

The bedroom is well-sized and includes built-in wardrobes and full-height windows, continuing the theme of natural light and outlooks. A modern bathroom opens off the living area, featuring quality fixtures and an integrated laundry for added convenience. Ceiling fans, air conditioning, and a secure car space round out the comforts of this thoughtfully designed apartment.

Residents of the building enjoy access to exceptional amenities including:
- A resort-style beach lagoon pool
- Rooftop terrace with ample seating and panoramic city views
- Fully equipped gymnasium
- Yoga lawn and pool table lounge
- Breakout areas for socialising or working
- Onsite management and CCTV security

Financials
- Rates: $500 per quarter
- Water: $200 per quarter + usage
- Body Corporate Levy: $1,200 per quarter (approx.)
- Rental Appraisal: $600 - $650 per week

Ideally located just 500 metres from Fortitude Valley train station, and within walking distance of the restaurants, bars, and boutiques of both Fortitude Valley and Newstead, this apartment offers an unmatched urban lifestyle. Brisbane CBD is easily accessible by public transport or a short drive.

Offering lifestyle, location, and liveability, this is an outstanding opportunity to secure a foothold in one of Brisbane's most dynamic inner-city neighbourhoods.

In-Room Auction
Location: Ray White West End (5/156 Boundary Street, West End)
Thursday 15th May 2025 at 11am

Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Property History for 1604/348 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
15 May 2025
Listed for Rent
$360/w
09 Feb 2017
  • 16 Jun 2025
    Listed for Rent - Price not available
  • 07 May 2025
    Sold for $532,000
  • 28 Apr 2025
    Listed for Sale SOLD BY ETHAN PETRIE
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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 8,306 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -45.40% decrease in median value, while Units have seen a 71.90% increase. As at 31 October 2025:

  • The median value for Houses in Fortitude Valley is $755,125 while the median value for Units is $661,646.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 43 properties listed for sale, and 41 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 607 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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Contact agent
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Ethan Petrie
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Ray White West End
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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.