38/586 Ann Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

38/586 Ann Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 70m2
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Property Details for 38/586 Ann St, Fortitude Valley

38/586 Ann St, Fortitude Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 70m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in July 2025.

Building Type
Unit
Year Built
1999
Floor Size
70m2
Land Size
70m2
Local Government
Brisbane
Lot/Plan
38/BUP106966

Last Listing description (April 2026)

For the Investor:
Rental Appraisal: $660 - $680/week
Rates: $448.10/qtr (subject to change)

Body Corporate: $1,296.12/qtr (subject to change)

Perfectly positioned at 586 Ann Street in the sought-after Cathedral Place complex, this two-bedroom apartment offers an unbeatable lifestyle with resort-style facilities, and walk-everywhere convenience. Whether you're a first home buyer, downsizer, or investor, this is an opportunity to secure a spacious inner-city apartment right in between the Brisbane CBD and Fortitude Valley.

The open-plan layout includes a generous living and dining space with timber-look floors, air conditioning, and sliding doors opening to a large covered balcony ideal for entertaining or relaxing. The kitchen is fitted with a gas cooktop, oven, dishwasher, and ample cabinetry. Both bedrooms have built-in robes and are serviced by a central bathroom with a separate toilet and European-style laundry.

Enjoy exclusive access to two stunning resort pools, BBQ areas, tropical gardens, and secure parking.

With Brisbane CBD, Howard Smith Wharves, and James Street all within walking distance, this one ticks every box for location, lifestyle, and long-term growth.

Property Features:
Two Bedrooms + Built-in Robes
One Bathroom + Separate Toilet & Internal Laundry
Spacious Living Area with Timber-look Flooring
Split System Air Conditioning
Covered Balcony + City Glimpses
Kitchen with Gas Cooktop + Dishwasher
Secure Building + Intercom Access
Single Basement Car Space
Resort-Style Facilities inc. Lagoon + Lap Pool, Spa & BBQ

Location Highlights:
All Hallows' School directly across the road
2-minute walk to Howard Smith Wharves
3-minute walk to Fortitude Valley Station
4-minute walk to Brisbane Central State School
5-minute walk to Brisbane CBD
6-minute walk to Chinatown Mall
8-minute walk to James Street Precinct
9-minute walk to Woolworths Metro Spring Hill
11-minute walk to St Joseph's College Gregory Terrace
12-minute walk to St James College

Disclaimer:
STRUD Property has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 38/586 Ann St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$570,000
29 Jul 2025
  • 29 Jul 2025
    Sold for $570,000
  • 22 Jul 2025
    Listed for Sale FOR SALE
  • 24 Dec 2022
    Sold for $373,000
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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 8,300 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 16.36% increase in median value, while Units have seen a 80.42% increase. As at 31 July 2026:

  • The median value for Houses in Fortitude Valley is $2,087,707 while the median value for Units is $774,718.
  • Houses have a median rent of $650 while Units have a median rent of $680.
There are currently 79 properties listed for sale, and 43 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 491 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.