605/338 Water Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

605/338 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 50m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low

High
Save

Property Details for 605/338 Water St, Fortitude Valley

605/338 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 50m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
Unit
Year Built
2014
Floor Size
50m2
Land Size
50m2
Local Government
Brisbane
Lot/Plan
605/SP184368

Last Listing description (April 2024)

Experience contemporary comfort, modern and a low-maintenance style. This apartment offers easy access to an array of inner city lifestyle options and public transport, only 2 km from the CBD.

Bright and open living with a bi fold window design to enjoy plenty of natural air flow, featuring green trees and swimming pool view, this is the resort lifestyle that everyone dreams of living in the city.

Located on the 6th floor of the "Oxford Towers" building in Central Village, incorporating Cambridge and Canterbury Towers with an on-site management office.

Easy access to public transport (bus stops and Fortitude Valley train station), and within walking distance to a multitude of dining and shopping options.

This modern one-bedroom apartment offers the features below and more:
- Beautiful open plan living area and dining layout with natural lighting
- Extra built- in desk and storage cabinet near to the entry area
- Kitchen with ample cupboard space, and includes a eletronic cooktop, oven, microwave and dishwasher.
- Modern white finish throughout with tiling
- Large bedroom with built-in wardrobes
- Great sized bathroom
- Air-conditioning throughout as well as ceiling fans in both the living room and bedroom
- Separate laundry space with clothes dryer included

The complex features:
- A convenient way of life in a resort-style development
- Lagoon swimming pools with BBQ and seating facilities
- Pavilion room with a large snooker/pool table, TV and 2 large sitting areas
- A fully equipped gym and a large yoga lawn
- Private rooftop area with city views at level 19 - Capturing views over Brisbane's CBD
- Secure building with CCTV, intercom, resident-only access and on-site management

More information:
*Total Area 50sqm
*Body Corp: $1,496.36 every 4 months approx ($86.33 per week / $4489.08 per year )
*Council Rates: $480.95 p.q. approx
*Current tenant lease to 21/03/2024
*Resident can obtain Brisbane City Council Resident Street Parking Permit
*The Building: Built in 2015 Oxford Towers has a total of 159 apartments spread over 19 Floors
*Pet friendly complex

Living is easy with public transport connections such as Fortitude Valley Train Station, King Street bus and train stations as well as Bus Stops 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 Women's Hospital (RBHW)
- Less than 2km to Brisbane CBD

Please note that the display pictures were taken in a different level apartment with the same layout. A viewing is recommended to assess the property suitability.

Disclaimer: The information contained in this website has been prepared by Invech Corporation Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Property History for 605/338 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$362,000
09 Feb 2024
Listed for Rent
$420/w
13 Mar 2023
  • 09 Feb 2024
    Sold for $362,000
  • 30 Jan 2024
    Listed for Sale Property Sold
  • 02 Mar 2023
    Listed for Rent $419 / week
Sign in to see more transactions
Commute Calculator

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, 605 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

Market Insights
Fortitude Valley Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Fortitude Valley Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.