221/587 Gregory Terrace, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
 
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221/587 Gregory Terrace
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 77m2
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Last updated 29 Dec 2025
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Property Details for 221/587 Gregory Tce, Fortitude Valley

221/587 Gregory Tce, Fortitude Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 77m2 and floor size of 76m2.

Building Type
Unit
Year Built
2004
Floor Size
76m2
Land Size
77m2
Local Government
Brisbane

Last Listing description (December 2022)

Ideally positioned for enjoying all that exciting Fortitude Valley has to offer, this north-west-facing property is only a leisurely stroll from a plethora of acclaimed restaurants, cafes, bars and boutiques. Also close to the cherished Tivoli theatre and the RNA Showgrounds, this freshly painted residence will capture the attention of those seeking a fantastic low-maintenance lifestyle.

Presented with tiled and newly carpeted floors, the apartment also showcases plenty of glass and a calming neutral colour palette.

A marvellous setting for relaxing and hosting guests, a spacious open-plan living dining area continues from the property's entry. Filled with natural light, this immaculate central space connects to a large covered balcony that overlooks the complex's sparkling in-ground swimming pool. Here, gather loved ones for an al fresco meal or take in the beautiful outlook while enjoying a refreshing drink. There is also a modern kitchen displaying quality appliances and ample cupboard storage.

Completing the residence, two sizeable bedrooms are fitted with mirrored built-in robes. You will also find a well-appointed main bathroom featuring laundry facilities, plus a shower over a bath.

Benefitting from secure parking for one car and excellent storage, the apartment also includes split-system air-conditioning. Residents will also appreciate the use of the complex's magnificent in-ground swimming pool and gym.

Just three kilometres from Brisbane's CBD, this outstanding property is also near the fashionable James Street and Howard Smith Wharves precincts. The Fortitude Valley train station, the soon-to-be-reimagined Victoria Park and a number of renowned schools are also easily accessible from this address. Do not delay call to arrange an inspection today.

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.

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Property History for 221/587 Gregory Tce, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
  • 09 Mar 2022
    Listed for Sale For Sale
  • 16 Feb 2018
    Listed for Sale UNDER CONTRACT
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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 8,309 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 31 properties listed for sale, and 51 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 613 properties were sold in the past 12 months in Fortitude valley.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. 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.

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.

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