511/338 Water Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

511/338 Water Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 61m2
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Property Details for 511/338 Water St, Fortitude Valley

511/338 Water St, Fortitude Valley is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2014. The property has a land size of 61m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
House
Year Built
2014
Floor Size
61m2
Land Size
61m2
Local Government
Brisbane
Lot/Plan
511/SP184368

Last Listing description (October 2025)

We are an on-site property management office.
For inspection meets up location is at the complex's main reception - 10 Trinity Street, Fortitude Valley (Canterbury Towers)

*For property information, please contact canterburye@invech.com.au

*Inspection time is regularly updating on realestate.com.au subject to availability, please register your inspection time on realestate.com.au ad
*Online application process via realestate.com.au

This beautiful open living 2 bedrooms 1 bathroom apartment is allocated in Fortitude Valley and easy access to public transport, only 2kms from the CBD, with transport readily available.

Property Features:
- Bright and open living room area
- Bi-fold window design to enjoy city view from level 5
- Kitchen featuring ample space, dishwasher, microwave and oven
- Two bedrooms with with built-in wardrobe
- Great size of bathroom to share
- Air-conditioning and ceiling fans throughout for living room and both bedrooms
- Full-size laundry space with clothes dryer included
- Tiled throughout in both kitchen and living room area
- A secure undercover car park
- Secure building with CCTV and onsite management
- Building features include a beach style lagoon pool and lap pool, BBQ, level 19 rooftop, pavilion room with a large snooker/pool table, TV and 2 large sitting areas, fully equipped gym and a large yoga lawn. (Terms and Conditions apply)

Living is easy with public transport connections such as Fortitude Valley Train Station, King Street, and Bus Stops are 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 Womens Hospital (RBHW)
Less than 2km to Brisbane CBD

Property History for 511/338 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$455,000
13 Feb 2024
Listed for Rent
$480/w
06 Oct 2022
  • 18 Sep 2025
    Listed for Rent $670 / week
  • 13 Feb 2024
    Sold for $455,000
  • 06 Dec 2023
    Listed for Sale UNDER CONTRACT
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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 -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 49 properties listed for sale, and 44 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 590 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.