401/56 Prospect Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

401/56 Prospect Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Land area: 82m2
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Property Details for 401/56 Prospect St, Fortitude Valley

401/56 Prospect St, Fortitude Valley is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 82m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2013
Floor Size
72m2
Land Size
82m2
Local Government
Brisbane
Lot/Plan
401/SP259352

Last Listing description (April 2026)

Located on a quiet street in the heart of Fortitude Valley, this well-presented apartment offers a fantastic inner-city lifestyle with a peaceful suburban outlook from your own spacious private balcony.

Brand new timber flooring throughout - giving the home a fresh, modern feel from the moment you walk in. New carpets have also been installed in both bedrooms, completing the updated look.

Property features include:

Two generously sized bedrooms with built-in wardrobes, air conditioning and ceiling fans
Open plan kitchen, living and dining area with air conditioning
Master bedroom with ensuite
Main bathroom with integrated laundry
Spacious balcony with access from the living area
Secure basement parking for one vehicle
Elevator access

Positioned in an unbeatable location, you'll have everything at your fingertips. Goodlife Gym is just steps away, while Gasworks, James Street precinct (shopping & dining), and Howard Smith Wharves are all within easy reach.

Public transport is effortless, with Fortitude Valley train station, Teneriffe Ferry Terminal, and multiple bus stops just minutes from your door.

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Property History for 401/56 Prospect St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$475,000
07 Jun 2023
Listed for Rent
$450/w
14 Jun 2017
  • 10 Mar 2026
    Listed for Rent $785 / week
  • 19 Feb 2024
    Listed for Rent $650 / week
  • 07 Jun 2023
    Sold for $475,000
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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 8,303 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 58 properties listed for sale, and 44 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 505 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.