Landlords

Fortitude Valley

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Local Government Authority Brisbane
Location 1 km from CBD
Features Entertainment venues, cafes, nightclubs and restaurants, Brunswick Street Valley Markets on Saturday mornings, Brunswick St rail station
Commentary Only one kilometre from the Brisbane CBD, Fortitude Valley has developed into a business district in its own right. As with its neighbouring suburbs, Fortitude Valley has undergone extensive redevelopment over the last decade.

A mix of commercial and residential, much of the business activity around the Valley happens between St Pauls Terrace and McLachlan Street. Of the residential housing available in the area, new unit and apartment complexes make up the majority, attracting many young singles and couples to the area.

A hub of entertainment venues, cafes, nightclubs, galleries and restaurants, Fortitude Valley draws residents and visitors from around Brisbane out of their homes every weekend for a lively party or a casual meeting among friends.

Shopping around the Valley is always an adventure with the variety of food outlets in the China Town and the Brunswick Street Malls complemented by fashion boutique stores along Ann Street. The Valley markets on Saturdays also provide a fun alternative to retail shopping.

The Valley's public transport services are excellent with a train station and regular bus services heading into and out of the City centre.

In recent years, old warehouses and commercial sites have been redeveloped into mixed-use buildings catering for apartment living and retail or office space.

For the ABS 2001 Census Fortitude Valley was divided into to survey areas: Fortitude Valley - Inner and Fortitude Valley - Remainder. For the "Fortitude Valley - Inner" area there were 1508 people living in the area with a median age of 28. The median individual income was between $500 and $599 per week. Of all occupied private dwellings 13.2% were either fully owned or being purchased; 64.3% were being rented.

For the "Fortitude Valley - Remainder" area, the ABS 2001 Census found there were 2270 people living in the area with a median age of 36. The median individual income was between $300-399 per week. Of all occupied private dwellings 17.6% were either fully owned or being purchased, while 63.9 % were being rented.

Source: REIQ