901/348 Water Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

901/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 60m2
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Property Details for 901/348 Water St, Fortitude Valley

901/348 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 60m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in June 2025.

Building Type
Unit
Year Built
2014
Floor Size
55m2
Land Size
60m2
Local Government
Brisbane
Lot/Plan
901/SP118333

Last Listing description (July 2025)

*Photos used are historical of the actual apartment.

Are you looking for a property that is modern with a spacious layout, and located centrally, but out of the city hustle and bustle? Look no further! Introducing your next home, or investment opportunity located in Cambridge Towers. With an ideal Northern aspect, you will be able to soak up the morning sun from your balcony - this aspect allows for plenty of natural light and breeze throughout the apartment throughout the day. With a spacious floor plan, this property ticks all the boxes.


Contact us today to arrange your inspection!

Property Benefits:
-One spacious bedroom with mirrored built in wardrobe
-One modern bathroom
-Spacious open plan living area
-Modern kitchen with stainless steel appliances including dishwasher and oven
-Split system air conditioner in lounge room, enough to cool or heat the whole apartment
-Ceiling fans in bedroom and lounge room
-New intercom installed
-Approx. 60sqm (51sqm internal, 9sqm external) located on 9th floor
-Currently rented at $500 per week unfurnished until 19th September 2025
-Rental potential of $550 per week unfurnished and $600 per week furnished to long term tenants after current lease ends

Building Facilities:
-Pool
-Gym
-Barbecue area
-Multipurpose room with pool table

Located in the heart of vibrant Fortitude Valley, Cambridge Towers offers unmatched convenience just 500 metres from the Brisbane Showgrounds and only 350 metres from the iconic Tivoli, a hub for live entertainment. Enjoy effortless travel with Fortitude Valley train station just a 550-metre walk away, and numerous nearby bus stops providing easy access to all inner-city suburbs.

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Property History for 901/348 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$461,000
19 Jun 2025
Listed for Rent
$245/w
11 Oct 2019
  • 19 Jun 2025
    Sold for $461,000
  • 22 May 2025
    Listed for Sale Offers Over $449,000
  • 15 Jul 2024
    Listed for Rent $500 / week
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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 8,299 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 63 properties listed for sale, and 32 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.