511/348 Water Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

511/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 511/348 Water St, Fortitude Valley

511/348 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit and was built in 2015. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
2015
Local Government
Brisbane
Lot/Plan
511/SP118333

Last Listing description (September 2022)

Available 18th October

Inner City Living - Move in from 18th October.
Excellent location and it is within easy walking
distance to cafes, restaurants and shops. The

apartment features a superb setting and
contemporary interiors. Open in design, the
living area draws in vistas across the city via
wall-length sliding doors. Leading out to a
private balcony enjoying all season breezes
and accompanied by fabulous city views.
Adjoining the living area is the stylish kitchen
adorned with stone benchtops, stainless steel
appliances and the study nook. Featuring
bedroom with floor-to-ceiling windows to
maximize city vistas for your enjoyment.
Boasting resort style amenities such as lagoon
swimming pool surrounded by the tropical
gardens, gym and rooftop BBQ areas,
residents simply love living in this complex.
Additional features:
- Split system air-conditioning
- Internal European laundry
- Secure building with CCTV
- Intercom, fob access and on-site
management.
The building: Built in 2014 Cambridge Towers
has a total of 165 apartments over 19 Floors
*Pet friendly complex*
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.
- Om 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.
Less than 2km to Brisbane CBD

Property History for 511/348 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$300,000
30 Sep 2022
  • 20 Sep 2022
    Sold for $300,000
  • 13 Sep 2022
    Listed for Rent $420 per week
  • 06 Jan 2022
    Listed for Sale Offers over $299,000
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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 8,305 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 41 properties listed for sale, and 47 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 604 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.