401/348 Water StreetFortitude Valley QLD 4006
Property Details for 401/348 Water St, Fortitude Valley
401/348 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 71m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in October 2026. There are other 1 bedroom Unit sold in Fortitude Valley in the last 12 months.
Last Listing description (October 2026)
Offering an effortless blend of modern comfort, convenience and lifestyle appeal, this well-positioned one-bedroom apartment presents an excellent opportunity for first-home buyers, professionals and investors alike. Designed for easy living, the residence provides a low-maintenance retreat in one of Brisbane's most vibrant inner-city precincts.
Inside, the apartment offers a well-proportioned open-plan living and dining area that connects seamlessly with the contemporary kitchen, creating a comfortable and functional space for everyday living and entertaining. The generous bedroom is fitted with built-in storage and is complemented by a modern bathroom, completing this practical and low-maintenance residence.
Perfectly positioned to embrace everything Fortitude Valley has to offer, residents are surrounded by an exceptional choice of cafes, restaurants, bars, boutiques and entertainment venues. The Brisbane Showgrounds, James Street, Howard Smith Wharves and New Farm are all within easy reach, while the CBD is just minutes away, making this an ideal base for enjoying Brisbane's inner-city lifestyle.
Whether you're looking for a smart investment, a convenient city base or a stylish home close to everything, this apartment delivers an outstanding combination of location, lifestyle and low-maintenance living. With excellent connectivity and an abundance of amenities at your doorstep, this is an opportunity not to be missed.
Financials
- Rates: $500 per quarter
- Water: $200 per quarter + usage
- Body Corporate Levy: $1,350 per quarter (approx.)
- Rental Appraisal: $575 - $625 per week
Please note: Some images have been virtually staged for illustrative purposes only. Furniture, dcor, and styling shown may not reflect the current presentation of the property. Buyers are encouraged to inspect the property in person to verify its features and condition.
Property History for 401/348 Water St, Fortitude Valley, QLD 4006
- 09 Oct 2026Sold for $495,000
- 01 Sep 2026Listed for Sale Under Contract by Donovan Obi
- 29 Aug 2024Listed for Rent $495 / week
Recent sales nearby
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0About 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 8,303 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 22.57% increase in median value, while Units have seen a 71.06% increase. As at 30 September 2026:
- The median value for Houses in Fortitude Valley is $2,045,694 while the median value for Units is $747,477.
- Houses have a median rent of $645 while Units have a median rent of $680.
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