707/56 Prospect Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

707/56 Prospect Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 100m2
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Property Details for 707/56 Prospect St, Fortitude Valley

707/56 Prospect St, Fortitude Valley is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 100m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
2013
Floor Size
86m2
Land Size
100m2
Local Government
Brisbane
Lot/Plan
707/SP259352

Last Listing description (June 2024)

Nestled in a quiet position within a cul-de-sac, this spacious seventh-level apartment offers a retreat from the urban bustle while maintaining proximity to the lively Gasworks, James Street, and Howard Smith Wharves precincts. Its generous proportions are tailored for both convenience and practicality, promising an ideal blend of comfort and accessibility.

Freshly adorned with a fresh coat of paint and new carpeting, this thoughtfully-crafted abode welcomes you with a spacious open-plan living and dining area, basking in the glow of abundant natural light. The adjoining well-equipped kitchen showcases sleek stainless-steel appliances, elegant stone benchtops and ample cupboard space.

Step onto the covered balcony seamlessly extending from the living area, offering an ideal setting for embracing Brisbane's delightful indoor-outdoor lifestyle and commanding fantastic Teneriffe and Fortitude Valley views.

The master bedroom is a sanctuary of sunlight, featuring a ceiling fan, walk-in wardrobe and access to a contemporary ensuite. Positioned strategically for versatility, the second bedroom also offers a ceiling fan, a built-in wardrobe and convenient access to the main bathroom with an adjoining laundry.

Completing the apartment is air-conditioning, ceiling fans, ample storage, lift access and secure parking for one car.

Within mere moments, an array of shops and dining establishments await, including the bustling Gasworks, Teneriffe, James Street and Howard Smith Wharves precincts. Convenient transportation options abound, with the Fortitude Valley train station, Teneriffe Ferry Terminal and numerous city-bound bus stops moments away. Moreover, residents can indulge in a splendid lifestyle, with cherished New Farm Park and scenic riverwalks within easy reach.

For investors, the apartment's proximity to esteemed schools and universities, such as QUT's Kelvin Grove campus, adds further allure. Don't miss out schedule an inspection today to seize this remarkable opportunity.

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 707/56 Prospect St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$680,300
14 May 2024
Listed for Rent
$530/w
13 Jul 2013
  • 14 May 2024
    Sold for $680,300
  • 02 May 2024
    Listed for Sale For Sale
  • 21 Jun 2013
    Listed for Rent - Price not available
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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 8,311 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 53 properties listed for sale, and 45 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 587 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.