L2/587 Gregory Terrace, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

L2/587 Gregory Terrace
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 68m2
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Last updated 19 Jan 2026
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Property Details for L2/587 Gregory Tce, Fortitude Valley

L2/587 Gregory Tce, Fortitude Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 68m2 and floor size of 54m2.

Building Type
Unit
Year Built
2005
Floor Size
54m2
Land Size
68m2
Local Government
Brisbane

Last Listing description (April 2019)

This is apartment @ Gregory On Terrace is suited for the professionals, the savvy investors and those wanting an easy-care lifestyle in the heart of the Valley. You won't beat this location where cafes, major retail stores, funky bars and live music venues are all just moments from your door, while the CBD and all public transport options are within easy reach.
Well maintained, this apartment is ready for you to enjoy as a permanent home or add it to the rental market where you will never be short of tenants who want a low-maintenance home in a simply exceptional location.

Notable Features:
- Large Single Bedroom
- Walk-through wardrobe to ensuite
- Study nook in bedroom
- Single Car Park
- Well Appointed Kitchen with Stainless Steel Appliances
- Spacious Open-Plan Living & Dining Room
- Can be Owner Occupied Upon Settlement
- Highly Sought Lifestyle Location
- Resort Style Swimming Pool
- Well Equipped Gym
- Total Area 64m2
- Split-System Air-Conditioning
- Great Outlook from Balcony Promoting Natural Light
- Strong Rental Returns

The Property: Terrace On Gregory
Level:2
Aspect:N/East
Total:64m2
Rental Return:$360 per week Lease til:22/03/19
Body Corporate:$1470.94 per qtr (approx)
Council Rates:$376.90 per qtr (approx)
Urban Utilities:$276.80 per qyr (approx)
Car Park #209

A trusted name for many years, The Joe Macalino Team specializes in the 4006/4000 Brisbane City Postcode areas, having helped countless buyers and sellers achieve their lifestyle and investment goals. Joe looks forward to meeting you soon to cater for all your real-estate needs.

Disclaimer: RE/MAX has been furnished with the above information, however, the Office and the Agent provides no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other Persons. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate.

Property History for L2/587 Gregory Tce, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
  • 10 Apr 2019
    Listed for Sale Offers from $295K
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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 8,302 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -38.83% decrease in median value, while Units have seen a 76.73% increase. As at 31 December 2025:

  • The median value for Houses in Fortitude Valley is $780,202 while the median value for Units is $695,882.
  • Houses have a median rent of $650 while Units have a median rent of $630.
There are currently 39 properties listed for sale, and 47 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 606 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.