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Fortitude Valley, QLD 4006

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketWalkable

Median House

$705,000

market range $525K-$1.7M

Median Unit

$705,000

market range $625K-$950K

Gross Yield

-

1yr Growth (houses)

-0.9%

market range -70.0% to +2.5%

Investment snapshot for Fortitude Valley

Fortitude Valley has enough public data for first-pass screening across yield, vacancy, price and supply signals.

Read the full Fortitude Valley verdict

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Fortitude Valley market and investor summary

Fortitude Valley (QLD 4006) runs a median house price of $705K. House prices have moved -0.9% over the past year. At 0.7% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 0.7% and a resident base that is not shrinking.

Living in Fortitude Valley: people, income and schools

Fortitude Valley is home to around 9,708 people, and the area has been growing steadily, up about 22% over five years. The median age is 31, younger than the national median, with renters making up 81% of households. That renter share gives landlords a deep tenant pool to draw on through the year.

Households here earn a median of about $86,000 a year, or roughly $1,660 a week. On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to about 8.2 times local household income, in line with much of metropolitan Australia. Incomes have risen about 17% over five years, which tends to underpin what local buyers can pay.

There are 86 schools within about 5km, and they test well above the national school average on ICSEA, a draw for education-focused families. It is roughly 1.8 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 77 for walkability and 99 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Basement (vectored or non-vectored).

Population
9,708
+22% over 5yr
Median age
31 years
Median household income
$86,000/yr
Households renting
81%
Family households
36%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
86
avg ICSEA 1174
Unemployment
4.2%
Distance to CBD
1.8 km
Walk score
77/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Fortitude Valley

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Frequently asked questions about Fortitude Valley

What should I check before investing in Fortitude Valley?

Fortitude Valley has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.7% vacancy) gives landlords pricing power and low rental downtime. Walkability score of 77 broadens the tenant pool beyond car-dependent renters. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Fortitude Valley?

The median property price in Fortitude Valley, QLD 4006 is $705K for houses and $705K for units.

What does recent house price growth show for Fortitude Valley?

House prices in Fortitude Valley are down 0.9% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Fortitude Valley?

The current vacancy rate in Fortitude Valley is 0.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Fortitude Valley?

Fortitude Valley has a population of approximately 9,708 residents, with a median age of 31.

What schools are near Fortitude Valley?

There are 86 schools within roughly 5km of Fortitude Valley. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Fortitude Valley affordable to buy in?

A median house in Fortitude Valley costs about 8.2 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Fortitude Valley's population growing?

The population of Fortitude Valley has grown about 22% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Fortitude Valley from the CBD?

Fortitude Valley is about 1.8 km from the CBD.

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