406/348 Water Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

406/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 406/348 Water St, Fortitude Valley

406/348 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. While the property is not currently for sale or for rent, it was last sold in September 2025.

Building Type
Unit
Year Built
2014
Local Government
Brisbane
Lot/Plan
406/SP118333

Last Listing description (October 2025)

Calm, Contemporary Living in the Heart of Brisbane

Step into a home where natural light fills open, airy spaces, creating a sense of calm and effortless city living. With a flowing layout and a balcony that invites the outdoors in, this apartment is your private sanctuary just moments from Brisbanes vibranceStep inside and experience:- A restful master bedroom with air conditioning, ceiling fan, and windows framing expansive outlooks-Open-plan living and dining areas that flow seamlessly to the kitchen and balcony, ideal for entertaining-Contemporary kitchen with modern appliances, ample cupboard and bench space-A bright study area, perfect for working from home or quiet reflection-Large modern bathroom with high-quality finishesThe Cambridge Towers Lifestyle:Living at Cambridge Towers means youre not just buying a home, youre stepping into a lifestyle From your balcony or the shared rooftop, enjoy sweeping city views that complement your private retreat:-Enjoy resort-style facilities including:-Resort-style swimming pool-Fully equipped gymnasium-Billiard room/lounge-Rooftop BBQ area with panoramic city views-Two meeting rooms for work or events-Visitor car parking for your guestsOutgoings (approximate):- Body Corporate: $1,293 - per quarter- Council Rates: $550 - per quarter- Water Rates: $240 Plus consumption - per quarterUnbeatable Location:Enjoy the best of both worlds: a peaceful, private home thats just steps from everything Brisbane has to offer. Whether youre enjoying quiet moments inside or stepping out to experience the citys vibrant lifestyle, this apartment provides the perfect balance of comfort and convenience. To arrange a private inspection, contact Muket Abreha on 0488 461 420.

Property History for 406/348 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$530,000
24 Sep 2025
  • 24 Sep 2025
    Listed for Sale Sale By Negotiation - Off Market
  • 23 Sep 2025
    Sold for $530,000
  • 05 Feb 2024
    Listed for Rent $425
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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 8,298 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 40.11% increase in median value, while Units have seen a 76.20% increase. As at 31 August 2026:

  • The median value for Houses in Fortitude Valley is $1,988,894 while the median value for Units is $760,619.
  • Houses have a median rent of $650 while Units have a median rent of $680.
There are currently 76 properties listed for sale, and 41 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 468 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.