50 Mclachlan Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
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50 Mclachlan Street
Fortitude Valley QLD 4006

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Property Details for 50 Mclachlan St, Fortitude Valley

Building Type
Commercial
Year Built
2018
Local Government
Brisbane
Lot/Plan
104/SP277738

Last Listing description (June 2023)

'The Winn' - Laneway Culture on Your Doorstep

This residence will resonate with the owner/occupier or investor ideally located in the heart of the Fortitude Valley employment entertainment hub and is walking distance to the James St Howard Smith Wharves Precincts.

The apartment is designed as 2 bedroom, 2 bathroom with a seamless open plan concept that links to an outdoor enclosed entertaining balcony that can be used as a second living space, dining room or study.

The kitchen has a perfect position for entertaining with installed gas cooktop, oven, range hood, dishwasher, pantry and ample built-in storage cabinetry.

Master bedroom has its own personal walk-through wardrobe leading to a spacious ensuite and air-conditioning, PLUS it has a large nook perfect for a desk for those who work from home or study. The 2nd bedroom has a built-in wardrobe and is ideally separated from the master bedroom.

Consider the features:
- Appealing open plan design with living room leading to private enclosed balcony
- Contemporary and stylish apartment
- Custom made storage cupboard in the living room providing extra storage space that you don't get in other apartments
- Two generous sized bedrooms, main with walk-through wardrobe, ensuite study nook
- Fully equipped kitchen featuring Bosch appliances gas cooking
- Low maintenance, air-conditioned, tiled floors in the living area
- Nestled between elegant James St and bustling Brunswick St
- Roof top BBQ entertaining area for residents with great city views
- Secure under cover car space, security intercom, fob lift access
- High rental appeal for investors or ideal start up home
- Access 'The Winn' via Winn Lane, an exciting laneway of culture

Financials:
Body Corp - Approx. $1,030 per quarter
Council Rates - Approx. $458 per quarter
Urban Utilities - Approx $205 per quarter
Rental Appraisal - $650 per week

Just a few minutes away is the vibrant James Street precinct where you will find a superb selection of cafes, restaurants, bars and shopping outlets and a cinema. The heart of Fortitude Valley including the train station, New Farm and the CBD are all within walking distance or an easy bus ride away. Various schools, universities, hospitals and the airport are all within easy access.

Property History for 50 Mclachlan St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
  • 01 Jun 2023
    Sold - Price Undisclosed
  • 02 May 2023
    Listed for Sale Sold $570,000
  • 19 Aug 2022
    Listed for Sale $349,000+
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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 8,310 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -48.08% decrease in median value, while Units have seen a 76.70% increase. As at 31 January 2026:

  • The median value for Houses in Fortitude Valley is $776,939 while the median value for Units is $718,836.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 53 properties listed for sale, and 45 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 587 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.