1609/338 Water Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
 
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1609/338 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 52m2
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Property Details for 1609/338 Water St, Fortitude Valley

1609/338 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 52m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
2015
Floor Size
52m2
Land Size
52m2
Local Government
Brisbane
Lot/Plan
1609/SP184368

Last Listing description (May 2023)

Stylish Apartment in the Heart of the Action
This one-bedroom, one-bathroom apartment offers sleek and stylish inner-city living close to everything Fortitude Valley has to offer. Bright and modern, the interior will put you at ease with an open-plan kitchen, dining and living area complete with air-conditioning.

The list of extra features includes a study nook and built-in robe in the bedroom, an internal laundry nook and access to the building's pool and stunning rooftop terrace.

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

Property Features:
- One-bedroom, one-bathroom unit close to shops, cafes and the CBD
- Good size of bedroom area with built-in mirrored wardrobes
- Two air cons one in living area and one in bedroom
- Full-size laundry space with clothes dryer included
- An open kitchen, dining and living leading to the covered balcony
- Enjoy air-conditioning, a study nook, a laundry nook and much more
- Secure, undercover car space
- Walking distance to Fortitude Valley train station
- A shared pool and rooftop terrace with glorious skyline views

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Property History for 1609/338 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$442,000
16 May 2024
Listed for Rent
$525/w
05 May 2023
  • 16 May 2024
    Sold for $442,000
  • 26 Apr 2023
    Listed for Rent $525 / week
  • 11 Jan 2023
    Listed for Sale $375,000
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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 8,307 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -43.32% decrease in median value, while Units have seen a 74.32% increase. As at 30 November 2025:

  • The median value for Houses in Fortitude Valley is $752,329 while the median value for Units is $685,874.
  • Houses have a median rent of $650 while Units have a median rent of $625.
There are currently 30 properties listed for sale, and 48 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 614 properties were sold in the past 12 months in Fortitude valley.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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