427/38 Warner Street, Fortitude Valley, QLD 4006 sold on 06 March 2026 | OnTheHouse
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Sold on 06 Mar 2026 for $550,000

427/38 Warner Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 427/38 Warner St, Fortitude Valley

427/38 Warner St, Fortitude Valley is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Apartment sold in Fortitude Valley in the last 12 months.

Building Type
Apartment

Last Listing description (March 2026)

Positioned within the iconic McWhirters building, this well-maintained one-bedroom, one-bathroom apartment presents an exceptional opportunity in the heart of Fortitude Valley. Blending character charm with modern convenience, the apartment is ideal for investors seeking a secure inner-city asset or future owner-occupiers looking to secure a foothold in one of Brisbane's most recognisable buildings.

Currently tenanted at $530 per week until September 2026, the property offers immediate rental income and long-term security. The open-plan kitchen, living and dining area is thoughtfully designed to maximise space and natural light, creating a comfortable and functional layout suited to modern living. An enclosed balcony extends the living zone, providing a versatile space that can be enjoyed year-round.

The apartment has been very well maintained, offering a move-in-ready or set-and-forget investment opportunity. The bedroom is well proportioned, complemented by a neat and practical bathroom, while the overall presentation reflects pride of ownership and ongoing care.

Residents of McWhirters enjoy access to a stylish lobby, beautifully landscaped internal courtyards and rooftop entertaining areas with sweeping city views. While there is no car accommodation, the location more than compensates—positioned within walking distance to public transport, cafés, boutique shopping and the vibrant nightlife of Fortitude Valley. Offering lifestyle, convenience and strong rental appeal, this is an outstanding opportunity in a landmark building.

Property History for 427/38 Warner St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$550,000
06 Mar 2026
Listed for Rent
$370/w
12 Jan 2022
  • 13 Feb 2026
    Sold for $550,000
  • 12 Feb 2026
    Listed for Sale Under Contract
  • 14 Jun 2021
    Listed for Rent $370 / week
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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 8,288 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 45.31% increase in median value, while Units have seen a 85.90% increase. As at 30 April 2026:

  • The median value for Houses in Fortitude Valley is $1,655,443 while the median value for Units is $770,912.
  • Houses have a median rent of $710 while Units have a median rent of $650.
There are currently 62 properties listed for sale, and 38 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 640 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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Andrew Tran
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Sam Mayes
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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.