403/56 Prospect Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

403/56 Prospect Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 65m2
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Property Details for 403/56 Prospect St, Fortitude Valley

403/56 Prospect St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 65m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2013
Floor Size
54m2
Land Size
65m2
Local Government
Brisbane
Lot/Plan
403/SP259352

Last Listing description (March 2020)

Welcome to Precinct on Prospect Apartments where inner-city convenience meets tranquil seclusion. This boutique complex is hidden away in a peaceful side street, away from the hustle and bustle of the Valley nightlife, yet still boasting walking distances to everything.

Fourth floor one bedroom apartment bathed in natural sunlight..... That's the first of many positive's you'll notice when you walk inside. You'll then notice the very well thought out floor plan that utilises every square centimetre of the space available.


The unit itself is characterized by stylish spaciousness, with 56m2 of open plan living integrating the generous bedroom, modern bathroom, well-appointed kitchen and expansive living area seamlessly, with all elements flowing out onto a covered entertainer's balcony. Plus a study nook!

Another massive positive is the stylish, timber flooring in the galley kitchen. Speaking of the kitchen, notice the servery window out to the balcony? Convenience and perfect for entertaining

Did I mention that apartments in this building are rarely available simply because you'll have the best shopping, dining and entertaining venues at your doorstep, and with effortless access to public transport, there is no location more convenient and no opportunity more sought after.

This apartment is a superb first time purchase or safe investment for the savvy investor (currently rented for $350 per week).

What's on offer:
- Location Location Location - Valley convenience and style
- Income generated immediately for investors
- Secure, allocated parking
- High end complex, extremely well maintained and extremely clean
- Stainless steel appliances throughout kitchen
- Air-conditioned living
- Plenty of natural light!
- Large one bedroom apartment - approx. 80.3m2 (size of a 2 bedroom)
- Main bedroom with walk in robe
- Open plan living
- Covered entertainer's patio, northern views
- Study nook
- Security intercom
- Pet friendly (Body Corporate Approval)

To ensure you don't miss this opportunity, make an appointment to inspect today.

Please note images have been taken prior to current tenancy.

* Whilst every care has been taken in the preparation of this advertisement, it is for guidance only. The agent and owners make no warranty or representation as the accuracy, reliability, currency or completeness of the information herein contained. Interested parties are encouraged to complete their own due-diligence. All information herein is subject to change without notice.

Property History for 403/56 Prospect St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$310,000
15 Jul 2021
Listed for Rent
$350/w
09 Jan 2019
  • 15 Jul 2021
    Sold for $310,000
  • 15 Feb 2020
    Sold for $315,000
  • 05 Nov 2019
    Listed for Sale Offers From $305,000
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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 8,312 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -48.08% decrease in median value, while Units have seen a 76.70% increase. As at 31 January 2026:

  • The median value for Houses in Fortitude Valley is $776,939 while the median value for Units is $718,836.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 51 properties listed for sale, and 46 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 585 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.