505/338 Water StreetFortitude Valley QLD 4006
Property Details for 505/338 Water St, Fortitude Valley
505/338 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 50m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 1 bedroom Apartment sold in Fortitude Valley in the last 12 months.
Last Listing description (June 2025)
Why you'll love it: VACANT!
This stylish one-bedroom apartment offers comfort and convenience in the heart of Fortitude Valley. The open-plan living, air-conditioned spaces, and modern finishes make it the perfect urban retreat. You'll also appreciate being steps away from the area's vibrant dining, shopping, and entertainment, all while enjoying a peaceful, private haven separated from the bustling city streets.
Key features:
- Stylish and modern one-bedroom apartment
- Air-conditioned open-plan kitchen, dining, and living areas
- Study Nook
- Convenient built-in robe and internal laundry nook
- Contemporary finishes throughout the apartment
- Easy access to public transport and nearby amenities
- A short stroll from the area's top dining spots
- Bright and airy spaces with plenty of natural light
- Secure complex with modern safety features
Building Facilities:
- Highly Sought Lifestyle Location
- Resort-Style Swimming Pool
- Gymnasium
- Billiard Room/Lounge
- Visitor Car Parking
- Onsite Management
- Rooftop BBQ Space
Best suited for:
Young professionals, investors or city-loving individuals who seek a low-maintenance, stylish home with unbeatable amenities.
Property History for 505/338 Water St, Fortitude Valley, QLD 4006
- 20 Jun 2025Sold for $455,000
- 12 Feb 2025Listed for Sale For Sale
- 22 Dec 2021Listed for Rent $350 / week
Recent sales nearby
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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 8,308 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.
Suburb Insights for Fortitude Valley 4006
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