709/338 Water Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

709/338 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 64m2
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Last updated 29 Jun 2026
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Property Details for 709/338 Water St, Fortitude Valley

709/338 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 64m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Unit
Year Built
2014
Floor Size
50m2
Land Size
64m2
Local Government
Brisbane
Lot/Plan
709/SP184368

Last Listing description (April 2026)

Built in 2014, this modern one-bedroom apartment is positioned on one of Fortitude Valley's most sought-after streets, offering a convenient inner-city lifestyle.

The apartment features a spacious bedroom with built-in robe, air-conditioning and tiled flooring throughout. The open plan living and dining area flows to a well-appointed kitchen with electric cooktop, dishwasher and pantry, along with a separate study nook with built-in desk. Step out onto the oversized balcony and enjoy stunning city views.

Residents can also enjoy access to resort-style amenities including a swimming pool and gym.

Ideally located just minutes from Brunswick Street, Valley Metro, New Farm Park and the Brisbane CBD, everything you need is within easy reach.

Features include:

One bedroom with built-in robe and air-conditioning

Open plan living with air-conditioning

Modern kitchen with electric cooktop and dishwasher

Study nook with built-in desk

Oversized balcony with city views

Built-in laundry

Resort-style pool and gym

Please note: No car space is included with the property.

TO BOOK AN INSPECTION:
1. Please click the 'Book an inspection' button. This will take you to the booking screen.
2. Alternatively, please contact our office on 3379 3535 or visit our website www.raywhitesherwood.com.au.
By registering, you will be INSTANTLY informed of any updates, changes or cancellations to your appointment.

TO APPLY (via 2Apply):
1. Please contact our office on 3379 3535 or leasing.sherwood@raywhite.com to receive a link.
2. If you attend an inspection with us, you will receive a link following your viewing.

Property History for 709/338 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$425,000
12 Dec 2024
Listed for Rent
14 Apr 2026
  • 08 Mar 2026
    Listed for Rent $575 / week
  • 02 Mar 2025
    Listed for Rent $500 / week
  • 12 Dec 2024
    Sold for $425,000
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About Fortitude Valley 4006

The size of Fortitude Valley is approximately 1.4 square kilometres. There are 2 parks, covering nearly 1.5% of the 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 8,300 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 23.93% increase in median value, while Units have seen a 87.34% increase. As at 31 May 2026:

  • The median value for Houses in Fortitude Valley is $2,179,009 while the median value for Units is $784,444.
  • Houses have a median rent of $705 while Units have a median rent of $660.
There are currently 65 properties listed for sale, and 34 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 513 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.