806/56 Prospect Street, Fortitude Valley, QLD 4006 sold on 31 March 2026 | OnTheHouse
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Sold on 31 Mar 2026 for $1,050,000

806/56 Prospect Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 124m2
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Property Details for 806/56 Prospect St, Fortitude Valley

806/56 Prospect St, Fortitude Valley is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Apartment sold in Fortitude Valley in the last 12 months.

Building Type
Apartment
Floor Size
124m2

Last Listing description (March 2026)

Elevated to capture light, outlook and a sense of openness, this corner apartment delivers a considered balance of size and functionality. Positioned on level eight with a prized northeast aspect, the apartment is wrapped in extensive glazing that draws in natural light and encourages cross ventilation, while a calm, neutral palette reinforces a contemporary, low maintenance finish.

Living and dining unfold across an expansive open plan arrangement, with clearly defined spaces allowing for both relaxation and dining. Sliding glass doors extend the living area to a substantial covered balcony, wrapping the corner of the apartment and offering genuine scale for dining and entertaining. Elevated to capture cooling breezes, this outdoor space provides year-round usability alongside an impressive urban outlook.

The kitchen remains connected to the living space and is arranged in a streamlined galley layout. A large island bench with breakfast seating is finished in stone and paired with white cabinetry and timber feature overheads, while subway tiling and stainless-steel appliances, including electric cooktop, oven and dishwasher, are complemented by ample storage.

Two well-proportioned bedrooms are thoughtfully separated, ideal for dual living. The main bedroom includes a walk-in wardrobe, private ensuite and built in desk, while the second is serviced by a well-appointed main bathroom. Additional features include an internal laundry, a second study nook with built in desk and shelving, air conditioning and ceiling fans, ample linen storage and two secure car spaces.

Positioned within 'Precinct on Prospect', a secure and well-maintained complex, residents benefit from lift access, intercom entry and visitor parking. The address places Fortitude Valley's key lifestyle precincts within immediate reach, with James Street, Gasworks Plaza and Howard Smith Wharves offering a dynamic mix of dining, retail and entertainment. The CBD is easily accessed, supported by nearby train, bus and CityCat services, while riverwalks and parklands add another layer of convenience.

Well suited to those seeking a residence defined by light, scale and connectivity, this apartment also presents a compelling opportunity for investors within a consistently high demand market. Enquire today to arrange your inspection.

Property History for 806/56 Prospect St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$1,050,000
31 Mar 2026
Listed for Rent
$550/w
13 Oct 2016
  • 31 Mar 2026
    Sold for $1,050,000
  • 26 Mar 2026
    Listed for Sale For Sale
  • 02 Sep 2016
    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. 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 45.31% increase in median value, while Units have seen a 85.90% increase. As at 30 April 2026:

  • The median value for Houses in Fortitude Valley is $1,655,443 while the median value for Units is $770,912.
  • Houses have a median rent of $710 while Units have a median rent of $650.
There are currently 63 properties listed for sale, and 39 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 530 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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Michael Kafantaris
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Cody Durante
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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.