409/348 Water Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

409/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 59m2
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Property Details for 409/348 Water St, Fortitude Valley

409/348 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 59m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2015
Floor Size
51m2
Land Size
59m2
Local Government
Brisbane
Lot/Plan
409/SP118333

Last Listing description (September 2023)

This one bedroom apartment has so much to offer for both the owner occupier and investor!
You will be Impressed by it's great features including open living layout, ample natural lighting, a modern kitchen design, spacious balcony with city view, lifestyle and location are yours to enjoy in this perfect home!

Located on the 4th floor of the "Cambridge Towers" building in Central Village - 348 Water Street, Fortitude Valley. Central Village is a development on the edge of Fortitude Valley and Spring Hill which incorporates Canterbury and Oxford Towers with an on-site management office.

The complex boasts resort style amenities such as a lagoon swimming pool surrounded by tropical gardens, a gym and rooftop BBQ areas. Residents simply love living in this complex.

Centrally located, this appartment is a short walking distant to public transportation (Fortitude Valley Train stations and bus stops), schools, boutique shops, supermarkets and within walking distance to many dining experiences.

This modern one-bedroom apartment offers the features below and more:
- Beautiful open living room area with a spacious balcony (9sqm) total 59 sqm with city view
- Kitchen with quality stone benchtop, ample cupboard space, dishwasher and microwave included
- Modern, white tiled finish throughout
- Large bedroom with double built-in wardrobes and an abundance of natural light
- Air-conditioned throughout including ceiling fans in both the living room and bedroom
- Separate laundry space with clothes dryer included
- A secure undercover car park space

The complex features:
- A cosmopolitan lifestyle and convenience in a resort-style development
- Lagoon swimming pools with BBQ and seating facilities
- Pavilion room with a large snooker/pool table, TV and 2 large sitting areas
- A fully equipped gym and a large yoga lawn
- Private rooftop area with city views at level 19 - Capturing views over Brisbane's CBD and you can enjoy Riverfire from the Story Bridge!
- Secure building with CCTV, intercom, resident-only access and on-site management

More information:
*Total Area: 59sqm
*Body Corp: $1,424.04 every 4 months approx (around $4272.12 annually/ $82.15 per week)
*Council Rates: $450.2 p.q. approx
*The Building: Built in 2014 Cambridge Towers has a total of 165 apartments spread over 19 Floors
*Pet friendly complex

Living is easy with public transport connections such as Fortitude Valley Train Station, King Street, and Bus Stops all within a 10-minute walk from your doorstep.

- 0m to the closest Caf??, Supermarket, Swimming pool, Gym
- 80m to the bus stop
- 350m to Brisbane Exhibition Grounds
- 400m to King Street Dining Precinct
- 450m to Fortitude Valley Train Station and Woolworths
- 550m to Bank branch and Australia Post
- 650m to Fortitude Valley China Town
- 1km to Royal Brisbane and Women's Hospital (RBHW)
- Less than 2km to Brisbane CBD

Property History for 409/348 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$380,000
09 Jul 2023
  • 09 Jul 2023
    Sold for $380,000
  • 21 Jun 2023
    Listed for Sale Not Disclosed
  • 08 Mar 2013
    Sold for $417,000
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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 8,303 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 40 properties listed for sale, and 45 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 608 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.