909/167 Alfred Street, Fortitude Valley QLD 4006
909/167 Alfred Street, Fortitude Valley QLD 4006
2 bed 2 bath 1 car | compact inner city unit | strong rental demand | secure car space is a premium
This unit’s configuration is competitively strong for Fortitude Valley. A two-bedroom two-bathroom apartment with a dedicated car space is less common in this precinct, where many listings are smaller one-bedroom investor stock. The secure parking is a genuine scarcity feature that improves both owner-occupier appeal and tenant demand. The unit is marketed as vacant and move-in ready, which signals active leasing turnover and reduces holding risk for a buyer. This property suits a city-based professional, a couple, or an investor seeking low-maintenance inner-city living with strong rental fundamentals. The building’s location in a high-density mixed-use precinct provides immediate access to dining, nightlife, and transit, which supports consistent demand from tenants who value convenience over space.
The compact 29 square metre lot is a material constraint. This is a tightly configured high-density unit, not a larger apartment, so living space and storage will be limited. The unit number suggests a high floor but the actual outlook and aspect are not confirmed, which may affect light quality and views. Rental evidence from the building shows strong weekly returns for smaller units, but the purchase price for this specific unit is not established from available data. A buyer should weigh the functional trade-offs of the small footprint against the location and parking advantage. The building’s age and strata fees are not confirmed here, both of which can materially affect holding costs and long-term value.
Detailed Independent Property Report prepared by PropCred Analyst team for 909/167 Alfred Street, Fortitude Valley QLD 4006
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Fortitude Valley is a vibrant, inner-city suburb where proximity to the CBD and a dynamic entertainment scene drive strong demand, particularly from young professionals and students. The market is characterised by robust unit sales and rapid turnover, with median days on market under 30 days. Recent data shows significant price growth for units, exceeding 20% annually, while house supply is notably constrained with minimal annual sales. Future growth is underpinned by urban renewal projects, though the limited house stock and reliance on a specific renter demographic present key market constraints.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
29m²
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