Thinking about buying in Fortitude Valley? Now could not be a better time, with 14005 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $660,000 with prices in this suburb ranging from $155,000 to $3,788,000. The aproximate distance to the coast is 11 Km.
Median Weekly Rent | $435.59 |
Median Monthly Mortgage | $1885.05 |
Median Persons Per Bedroom | 1.04 |
Average Household Size | 1.95 |
Average Age | 33.45 |
Average Income | $1193.18 |
Average Cars Per Dwelling | 1.01 |
Average Properties Within 50M | 407 |
1 Bed  $404,000 |
2 Bed  $620,000 |
3 Bed  $1,160,000 |
4 Bed  $1,566,000 |
5 Bed  $2,035,000 |
6 Bed+$1,710,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Fortitude Valley due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Fortitude Valley classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Fortitude Valley necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Music Industry College
All Hallows' School
Angelorum College
St James College
Brisbane Central State School
St Joseph's College
New Farm State School
Holy Spirit School
Brisbane Girls' Grammar School
Brisbane Grammar School
(While the above schools are located with the suburb of Fortitude Valley there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 5.8 | 21.6 | 30.4 | 51.8 | 87.6 | 2.2 | 24.8 |
Feb | 7.2 | 21.7 | 30.1 | 52.6 | 87.5 | 1.9 | 21.2 |
Mar | 5.6 | 20.6 | 29.5 | 52.8 | 90.3 | 1.6 | 17.6 |
Apr | 2.8 | 17.6 | 27.3 | 49.7 | 89.6 | 1.5 | 16.1 |
May | 2.2 | 13.8 | 24.0 | 46.9 | 88.2 | 1.4 | 13.9 |
Jun | 2.4 | 12.4 | 22.2 | 49.1 | 88.2 | 1.3 | 11.9 |
Jul | 0.8 | 10.7 | 22.4 | 41.2 | 87.4 | 1.3 | 13.4 |
Aug | 0.3 | 11.1 | 24.6 | 32.3 | 85.7 | 1.5 | 17 |
Sept | 0.6 | 14.0 | 26.1 | 37.4 | 86.1 | 1.7 | 20.2 |
Oct | 2.8 | 16.1 | 27.1 | 42.2 | 86.1 | 1.8 | 22.9 |
Nov | 2.5 | 19.1 | 28.9 | 45.9 | 85.5 | 1.9 | 25.5 |
Dec | 5.5 | 21.1 | 29.9 | 50.0 | 85.7 | 2.0 | 23.0 |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!