405/348 Water Street, Fortitude Valley, QLD 4006 sold on 17 December 2025 | OnTheHouse
SOLD
Sold on 17 Dec 2025 for $375,000

405/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 27m2
Land area: 27m2
Sold By
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Jay Nichols
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Pj Salami
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Property Details for 405/348 Water St, Fortitude Valley

405/348 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 27m2 and floor size of 27m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 1 bedroom Unit sold in Fortitude Valley in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
27m2
Land Size
27m2
Local Government
Brisbane
Lot/Plan
405/SP118333

Last Listing description (June 2026)

Whether you are a first home buyer or a first time investor, this studio apartment offers low-maintenance living just 400m from Fortitude Valley station and 700m to James Street. Built in 2015, this apartment features a sleek modern kitchen with ample storage throughout. A well-appointed bathroom and a practical Euro-style laundry maximises functionality. Residents enjoy access to outstanding building facilities, including a sparkling pool, expansive rooftop area, large fully equipped gym and communal hall-ideal for relaxing, entertaining or staying active without ever leaving home.Location is the standout. With Fortitude Valley's vibrant nightlife, cafés, restaurants and bars all within walking distance, and the train station just moments away, you'll enjoy seamless access to Brisbane CBD, and the iconic James Street precinct. Whether it's a morning coffee, dinner with friends or a night out in the Valley, you're perfectly positioned to enjoy it all.For the investors, this studio delivers a strong

Property History for 405/348 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$375,000
17 Dec 2025
Listed for Rent
$420/w
07 May 2024
  • 17 Dec 2025
    Sold for $375,000
  • 05 Dec 2025
    Listed for Sale Under Contract
  • 09 Apr 2024
    Listed for Rent $420 / week
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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 8,299 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 63 properties listed for sale, and 32 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 513 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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Contact agent
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Jay Nichols
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Pj Salami
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Harcourts Local
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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.