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QLD › Fortitude Valley › Alfred St

U1508, 167 Alfred St, Fortitude Valley QLD 4006

For saleUnit

$850,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $850,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $850,000(Listing record · 31 Mar 2026)
  • CalculationIf it leased at Fortitude Valley's advertised median rent ($707/wk), implied gross yield would be 4.33% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$850,000

Asking

No recorded sale for this property.

Fortitude Valley at a glance

12,108

People

No data

Median sale

$707/wk

Median rent

No data

Suburb gross yield

See the full Fortitude Valley report →

Total cost to purchase

Purchase Price
$850,000
Stamp Duty (Queensland)
$31,275
Transfer/Registration Fee
$3,368
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$888,343

$38,343 on top of the price (4.5% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Fortitude Valley's advertised median rent — not a rent for this listing.

Net yield
2.83%
Annual cashflow (pre-tax)
$-20,186
Interest cover (DSCR)
0.54
Annual rent
$36,764
Operating expenses
$12,750
Loan amount
$680,000
Annual interest
$44,200
Gross yield
4.33%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$850,000available31 Mar 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $707/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Fortitude Valley in one glance

Fortitude Valley at a glance

12,108

People

No data

Median sale

$707/wk

Median rent

No data

Suburb gross yield

See the full Fortitude Valley report →

Keep researching

  • Why Fortitude Valley? Read the area thesis →
  • What else is on the market in Fortitude Valley →
  • Other records on Alfred St →

Listing material

Listed by Junction Estate Agents

Rare 2-Car Living with Space & Style

There are apartments that offer views, and then there are residences that frame the city like living art.

Perched high on Level 15, unit 1508 of Valley House is a home that feels composed — where architecture, light and carefully curated interiors come together to create something genuinely special. From the moment you enter, the tone is set. Warm timber floors anchor the space. Soft textures and sculptural furniture create depth. Floor-to-ceiling glass wraps the living zone, drawing your eye outward across the evolving skyline and leafy inner-city streets below. Every room feels intentional. Every angle considered. What truly elevates this residence is the subtle layer of architectural detailing throughout. Elegant panel moulding lines the walls, introducing a sense of permanence and classical proportion rarely found in newer developments. It brings warmth and character — a timeless European undertone that softens the modern architecture and adds depth, texture and sophistication to each space. It is this contrast — contemporary structure paired with enduring detail — that gives the apartment its soul.

This home features:

Read the full description

- The kitchen is minimalist yet beautifully functional — integrated cabinetry, stone surfaces, gas cooking and clean lines that allow the materials to speak. It connects seamlessly to the dining setting, where intimate dinners or quiet morning coffees feel equally at home.

- The living area extends to a private balcony suspended above the Valley — the perfect vantage point for golden-hour light and evening city glow.

- Both bedrooms are sanctuaries. The primary suite is bold and atmospheric, framed by dramatic artwork and moody tones that create a boutique hotel feel. The second bedroom offers a lighter palette, equally generous and refined. Large windows in both rooms capture sweeping district views, reinforcing the sense of elevation and privacy.

- The bathroom continues the home’s understated sophistication — clean-lined vanity, quality finishes, walk-in shower and clever storage.

- A rare two car space offering with additional over the bonnet storage.

Essential details:

- Water rates: $230 per quarter plus consumption approx

- Brisbane City Council Rates: $448 per quarter aspprox

- Body corporate Rates: $7,899.30 approx per year including insurance, admin fund and sinking fund

Living here means stepping into one of Brisbane’s most layered and evolving neighbourhoods. The Valley carries history in its brick façades and warehouses, creativity in its music scene, and refinement in its growing collection of boutique dining and design precincts. Moments from James Street, you have access to some of the city’s best restaurants, cafés and fashion houses. A short stroll leads to Howard Smith Wharves and the riverfront. By day, it’s artisan coffee and gallery spaces. By night, it’s wine bars, live music and skyline lights. Fortitude Valley is no longer just Brisbane’s entertainment hub — it is one of its most dynamic residential communities. A place where heritage meets high-rise, where culture meets convenience, and where growth continues to reshape the skyline.

This is not just an apartment. It is a fully realised inner-city residence — elevated in position, layered in character, and ready to be enjoyed from day one. Contact Jeremy Paikaew on 0437 480 005 to arrange your inspection.

Listing description written by Jeremy Paikaew, Junction Estate Agents — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Broadband
  • Built-in Robes
  • Deck
  • Dishwasher
  • Floorboards
  • Gym
  • Intercom
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking

Also look at

Also for sale in Fortitude Valley

  • U2103, 179 Alfred St, Fortitude Valley QLD 4006

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  • U509, 82 Alfred St, Fortitude Valley QLD 4006

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  • U2007, 167 Alfred St, Fortitude Valley QLD 4006

    1-bed unit. Asking $600K.

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  • UUnit 2201, 167 Alfred St, Fortitude Valley QLD 4006

    1-bed apartment. Currently listed.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.