601/338 Water Street, Fortitude Valley, QLD 4006 sold on 14 May 2025 | OnTheHouse
SOLD
Sold on 14 May 2025 for $600,000

601/338 Water Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 60m2
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Property Details for 601/338 Water St, Fortitude Valley

601/338 Water St, Fortitude Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 60m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Unit sold in Fortitude Valley in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
60m2
Land Size
60m2
Local Government
Brisbane
Lot/Plan
601/SP184368

Last Listing description (June 2023)

Promising to impress investors, executives and entry-level buyers alike, this two-bedroom apartment is just minutes from Fortitude Valley's exciting attractions and conveniences. Also close to the heart of Brisbane's CBD and the soon-to-be-reimagined Victoria Park, this excellent property with access to resort-style facilities boasts stunning views of the city and beyond.

Modern and stylish, the residence is presented with attractive tiled floors and plenty of glass. A fresh white colour palette creates a bright and airy atmosphere, while also allowing you to showcase your dcor tastes with ease.

Forming the heart of the apartment, a generous open-plan living and dining area features windows that can be partially opened up to maximise airflow. An adjoining galley-style kitchen is equipped with stainless-steel appliances, stone benchtops, a tiled splashback and ample cupboard storage. Those wanting to explore Fortitude Valley and New Farm's famed culinary scene will also appreciate the property's proximity to a slew of restaurants and cafes.

Ideal for dual-living arrangements, two sizeable bedrooms are separated and serviced by a tidy main bathroom.

Benefitting from secure parking for one car and intercom security, the property also includes split-system air-conditioning and ceiling fans. Oxford Towers invites residents to enjoy the use of its sky terrace, barbecue amenities, man-made beach, lagoon, lap pool, gym and pool room.

A stone's throw from the fashionable James Street, Gasworks and Howard Smith Wharves precincts, this impeccable apartment is near the Fortitude Valley train station and city-bound bus stops. Popular New Farm Park and its ferry terminal are easily accessible from this address, as is a collection of esteemed schools and universities. Do not delay call to arrange an inspection today.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Property History for 601/338 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$600,000
14 May 2025
Listed for Rent
$460/w
14 Jun 2022
  • 14 May 2025
    Sold for $600,000
  • 25 May 2023
    Sold for $407,500
  • 28 Apr 2023
    Listed for Sale Offers Over $400,000
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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 42 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 605 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.