Back 806/56 Prospect Street
Off Market

806/56 Prospect Street

Fortitude Valley QLD 4006

2
2
2
124 m²
Apartment
Last sold for $1,050,000
Michael KafantarisMichael Kafantaris, last sold this property on 30 March 2026 after 4 days on market.

Overview

Light Filled Corner Apartment with Northeast Aspect and Two Car Spaces

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.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
124 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Fortitude Valley over the last 12 months, the estimated median property value of 806/56 Prospect Street is $780k.

Median value
$780k
Estimated value range
$550k - $1.51m
Median days on market
21
Estimated value trend
19%
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 806/56 Prospect Street

2026
Sold
$1,050,000
30 Mar 2026 by Michael Kafantaris, of Place Estate Agents - New Farm

Happy sellers in Fortitude Valley

94%
94% 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 109 reviews in Fortitude Valley over the last 12 months.

Local market activity for 2 bedroom apartments in Fortitude Valley

In the last 12 months, 173 two-bedroom apartments similar to 806/56 Prospect Street, have been sold.

This represents a 40% increase in two-bedroom apartments sales when compared to the previous 12 months.

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