Back 607/338 Water Street
Off Market

607/338 Water Street

Fortitude Valley QLD 4006

2
1
1
Unit
Last sold for $365,000
Vern GilbertVern Gilbert, last sold this property on 17 September 2021 after 22 days on market.

Overview

Mortgagee Exercising Power of Sale; Entry level unit.

Conveniently positioned just minutes from the city 338 Water Street is just short walk to an array of dining, shopping and nightlife options as well as bike tracks and parks. Offering an open plan living/kitchen that boasts natural light and breezes seamlessly leads out onto a well-sized entertainment balcony. There are two well-sized bedrooms and also includes a study nook. This property will not last for long as it suits first home buyers, professionals or the savvy investor. PROPERTY FEATURES: - 2 well-sized bedrooms - 55 sqm of total living space - Reconstituted stone benchtops - Study nook - Full height joinery in the kitchen for additional storage - Secure building with intercom, CCTV and fob access - Onsite management with 24-hour contact number in case of emergency - Building features, beach lagoon pool, private rooftop area with city views, pool table and lounge area, large gym. - 3 min walk to bus and train. - Rooftop BBQ area with stunning city views - Body Corporate Fees: Approx $3,900 - Council Rates: $430 / Quarter

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Fortitude Valley over the last 12 months, the estimated median property value of 607/338 Water Street is $790.5k.

Median value
$790.5k
Estimated value range
$565k - $1.73m
Median days on market
21
Estimated value trend
22%
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 607/338 Water Street

2021
Sold
$365,000
17 Sep 2021 by Vern Gilbert, of Plum Property

Happy sellers in Fortitude Valley

93%
93% 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 119 reviews in Fortitude Valley over the last 12 months.

Local market activity for 2 bedroom units in Fortitude Valley

In the last 12 months, 40 two-bedroom units similar to 607/338 Water Street, have been sold.

This represents a 11% decrease in two-bedroom units sales when compared to the previous 12 months.

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