1606/338 Water Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

1606/338 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 60m2
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Last updated 22 Jun 2026
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Property Details for 1606/338 Water St, Fortitude Valley

1606/338 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 60m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in April 2014.

Building Type
Unit
Year Built
2014
Floor Size
51m2
Land Size
60m2
Local Government
Brisbane
Lot/Plan
1606/SP184368

Last Listing description (June 2025)

PLEASE NOTE: RENT WILL INCREASE TO $530 PER WEEK AS OF 01/12/2025

Offering stylish and highly convenient living and located a short walk from a multitude of dining, nightlife, shopping options, as well as parks and bike-paths, Central Village located at 338-348 Water Street is a contemporary development on the edge of Fortitude Valley and Spring Hill, just minutes from the city.

Internal features include a large open-plan living/dining area - easily accommodating most furniture styles. A very modern white finish throughout with well-equipped kitchen complete with tiles throughout for easy cleaning (carpet only in the bedroom).

PROPERTY FEATURES:
- Air-conditioned open plan kitchen, living and dining area
- Stone bench-tops to kitchen with ample storage space, dishwasher and a built-in microwave/convection oven included
- Built in wardrobe to bedroom
- Linen cupboard and study nook to entrance
- Neutral finish throughout with crisp white tiles
- Resort-style swimming pool with beach area, BBQ and seating facilities
- Stunning city views from the huge roof-top deck with BBQ, seating and lounge areas available for residents to enjoy
- Secure building with CCTV, intercom and resident-only access plus professional on-site management
- Walk to RBWH, local shops, parks, Brunswick St mall, James St shopping and Emporium
- Photos shown are indicative only, they show the exact floor plan but not the exact property

Would you like to view this property? Please register for an inspection or contact our office if you are unable to inspect at the scheduled times. Please note if there are no inspection times advertised, please give our office a call.

Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Mosaic Property Management will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate.

Property History for 1606/338 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$373,750
17 Apr 2014
Listed for Rent
$330/w
27 May 2020
  • 27 May 2025
    Listed for Rent $495 / week
  • 21 Oct 2024
    Listed for Rent $495 / week
  • 16 Apr 2020
    Listed for Rent $329 / week
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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 8,299 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 63 properties listed for sale, and 32 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 512 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.