Fortitude Valley at a glance
12,108
People
No data
Median sale
$707/wk
Median rent
No data
Suburb gross yield
QLD › Fortitude Valley › Water St
For sale
For sale
1
Bedrooms
1
Bathrooms
0
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
No recorded sale price for this property yet.
Fortitude Valley at a glance
12,108
People
No data
Median sale
$707/wk
Median rent
No data
Suburb gross yield
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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.
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
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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Fortitude Valley at a glance
12,108
People
No data
Median sale
$707/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Junction Estate AgentsSet quietly above the city, Residence 702 at 348 Water Street offers something rare: the convenience of inner-city living paired with a true sense of calm and privacy.
From the moment you walk in, striking high, floor-to-ceiling windows draw in natural light and frame beautiful elevated views, giving the apartment an open, airy feel while still feeling private and relaxing. It's the kind of space where mornings feel brighter and evenings feel peaceful.
The sleek kitchen flows into the living area, while the bedroom is designed as a quiet retreat with built-in storage and easy access to the modern bathroom. A dedicated study area provides the perfect space for working from home or creating a personal nook. Low maintenance, beautifully presented and easy to live in, this is inner-city living made simple.
Featuring:
Light-filled open-plan living with striking high windows
Beautiful elevated outlooks without the city noise
Modern kitchen with quality appliances and ample storage
Peaceful bedroom with built-in robe
Dedicated study area
Contemporary modern bathroom
Air conditioning and internal laundry
Secure building with lift access
The Cambridge Towers Lifestyle:
Living at Cambridge Towers means you're not just buying a home, you're stepping into a lifestyle. From the shared rooftop, enjoy sweeping city views that perfectly complement your private retreat.
Resort-style facilities include:
Resort-style swimming pool
Fully equipped gymnasium
Billiard room/lounge
Rooftop BBQ area with panoramic city views
Two meeting rooms for work or events
Visitor car parking for your guests
Outgoings (approximate):
Body Corporate: $1,251 - per quarter
Council Rates: $548 - per quarter
Water Rates: $284 Plus consumption - per quarter
Lifestyle and location:
Situated in the heart of Fortitude Valley yet tucked away from the rush, you're close to cafés, restaurants, transport, shopping, and Brisbane CBD, while still enjoying a quiet, private place to come home to.
A smart city investment. A peaceful home. The best of both worlds.
To arrange a private inspection, contact Muket Abreha on 0488 461 420.
Disclaimer
The images representing this property have digitally been enhanced and decorated.
Junction Estate Agents and its representatives have not independently verified the accuracy of the information, documentation, or property descriptions contained in this advertisement. The information provided has been sourced from third parties and is presented for marketing and general informational purposes only.
Junction Estate Agents makes no representation, warranty, or guarantee as to the accuracy, reliability, or completeness of the information provided. We expressly disclaim any liability for any loss or damage arising from reliance upon such information.
Prospective purchasers and tenants are strongly advised to conduct their own due diligence and investigations, including but not limited to legal, financial, and building inspections, prior to entering into any agreement.
Please note that images, floor plans, and videos may be digitally enhanced and may not accurately reflect the current condition, features, or dimensions of the property. We recommend all interested parties physically inspect the property and seek independent professional advice before proceeding with any transaction.
Listing description written by Muket Abreha, Junction Estate Agents — reproduced as published, not verified by Districts.