505/338 Water Street

Off Market

505/338 Water Street

Fortitude Valley QLD 4006

0 m²

50 m²

Apartment

Last sold for $455,000

Lachy Reid, last sold this property on 26 June 2025 after 134 days on market.

Overview

Stylish urban retreat in the heart of Fortitude Valley

Why you'll love it: VACANT! This stylish one-bedroom apartment offers comfort and convenience in the heart of Fortitude Valley. The open-plan living, air-conditioned spaces, and modern finishes make it the perfect urban retreat. You'll also appreciate being steps away from the area's vibrant dining, shopping, and entertainment, all while enjoying a peaceful, private haven separated from the bustling city streets. Key features: - Stunning lush green outlook - Stylish and modern one-bedroom apartment - Air-conditioned open-plan kitchen, dining, and living areas - Study Nook - Convenient built-in robe and internal laundry nook - Contemporary finishes throughout the apartment - Easy access to public transport and nearby amenities - A short stroll from the area's top dining spots - Bright and airy spaces with plenty of natural light - Secure complex with modern safety features Building Facilities: - Highly Sought Lifestyle Location - Resort-Style Swimming Pool - Gymnasium - Billiard Room/Lounge - Visitor Car Parking - Onsite Management - Rooftop BBQ Space Best suited for: Young professionals, investors or city-loving individuals who seek a low-maintenance, stylish home with unbeatable amenities.

Features

1 bedroom

1 bathroom

0 m² floor area

50 m² lot size

Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Fortitude Valley over the last 12 months, the estimated median property value of 505/338 Water Street is $600k.

Median value

$600k

Estimated value range

$437.5k - $775k

Median days on market

Estimated value trend

30%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Fortitude Valley. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 505/338 Water Street

2025

Sold

$455,000

26 Jun 2025 by Lachy Reid, of Atlas Brisbane

2022

Rented

Undisclosed

Leased on 10 Jan 2022 by Joy Realty

Happy sellers in Fortitude Valley

95%

95% of sellers in Fortitude Valley reported that their sale price either exceeded or met their price expectations.

Fortitude Valley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 110 reviews in Fortitude Valley over the last 12 months.

Local market activity for 1 bedroom apartments in Fortitude Valley

In the last 12 months, 155 one-bedroom apartments similar to 505/338 Water Street, have been sold.

This represents a 46% increase in one-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Fortitude Valley for a free market appraisal.

Andrew Tran

at SPACE Property Paddington

(294 reviews)

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Michael Kafantaris

at Place Estate Agents - New Farm

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Judy Chu

at Australian Property Management Alliance - Mango Hill

(82 reviews)

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Jeremy Paikaew

at Junction Estate Agents

4.8

(45 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Fortitude Valley

Andrew Tran

Sellers who recommend Andrew Tran have praised them for being clear communication, responsive, local expert, supportive, friendly, well-prepared and stress-free process