406/56 Prospect Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

406/56 Prospect Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 100m2
Land area: 121m2
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Property Details for 406/56 Prospect St, Fortitude Valley

406/56 Prospect St, Fortitude Valley is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 121m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2013
Floor Size
100m2
Land Size
121m2
Local Government
Brisbane
Lot/Plan
406/SP259352

Last Listing description (February 2023)

Positioned in the heart of the vibrant Fortitude Valley, this chc apartment provides the very best of inner city living with a stylish, modern aesthetic. Providing exceptional convenience from its unbelievably central location, immerse yourself in the best the Brisbane CBD has to offer with a huge range of lifestyle, entertainment and shopping precincts at your door!

Enjoying a prime northerly aspect and generous proportions, superb natural light and city views bounce throughout the air-conditioned, open-plan lounge and dining with the adjacent kitchen impressing in a modern straight-line footprint; subway tiling, sleek stone, stainless appliances and streamlined joinery set adjacent to a handy study nook with built-in desk.

Multiple glass sliders lead to a large balcony with wonderful space to extend living outdoors or host friends. There are fabulous views on offer with a wrap-around outlook taking in a bustling city landscape and enjoying cooling breezes year round.

Two built-in bedrooms are available, main bedroom comfortably air-conditioned and carpeted. The master benefits from a built-in desk and walk-in robe as well as a contemporary ensuite with subway tiling and floating vanity. A second matching bathroom provides excellent service to any additional occupant or guests with additional features including an internal laundry and single secure car parking.

A massive range of inner-city shopping districts are quite literally at your door including, Homebase, James Street and Gasworks Plaza. An endless supply of the best dining and food precincts are in every direction whilst parkland and the Brisbane River is just a short bike ride away. A distinctive opportunity particularly appealing to investors and professionals, experience it yourself at an inspection!

- Modern two bedroom apartment in the heart of Fortitude Valley
- Open-plan, air-conditioned living and dining with great natural light
- Sleek modern kitchen with streamlined joinery, stainless appliances and stone
- Large alfresco balcony with northerly aspect and elevated city outlook
- Spacious study nook including built-in desk
- Two built-in bedrooms with air-conditioning; master including walk-in robe and ensuite
- Contemporary second bathroom with integrated laundry
- Secure two vehicle parking
- At the doorstep of renowned dining, shopping and entertaining precincts
- Council Rates - $455/qtr
- Water Rates - $310/qtr
- Current Weekly Rental - $550/week & leased until mid-May 2023
- Strata Fees - $1,742/qtr

Property History for 406/56 Prospect St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$510,000
09 Feb 2023
Listed for Rent
$545/w
10 May 2014
  • 09 Feb 2023
    Sold for $510,000
  • 03 Feb 2023
    Listed for Sale For Sale
  • 02 May 2014
    Listed for Rent - Price not available
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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 8,309 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -43.32% decrease in median value, while Units have seen a 74.32% increase. As at 30 November 2025:

  • The median value for Houses in Fortitude Valley is $752,329 while the median value for Units is $685,874.
  • Houses have a median rent of $650 while Units have a median rent of $625.
There are currently 31 properties listed for sale, and 51 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 613 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.