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.
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
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:
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