Suburb report · QLD 4006

Fortitude Valley

Prepared by the property strategists at Chase Wealth Australia

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Population

11,854

Fortitude Valley suburb profile

Who lives in Fortitude Valley

Fortitude Valley sits 2km from the Brisbane CBD, inside the inner ring of the capital. With 11,854 residents, Fortitude Valley is in the largest fifth of Queensland suburbs, well above the 4,480 of the median suburb. By population it is number 65 of 317 suburbs within 40km of the Brisbane CBD. The median age is 31, younger than 93% of Queensland suburbs, where the median suburb sits at 39. Against the 317 suburbs within 40km of the Brisbane CBD, it is older than 29 and younger than 276.

Income and home ownership

Households earn a median $97,200 a year, higher than 49% of Queensland suburbs. Among the 317 suburbs within 40km of the Brisbane CBD, 230 report a higher median household income. At 82.1% renting, Fortitude Valley has a higher rental share than 99% of Queensland suburbs, against 69.2% ownership in the median suburb. On ownership it ranks 316 of 317 suburbs within 40km of the Brisbane CBD.

Household mix

At the 2021 Census, 5,251 households lived in Fortitude Valley, more than in 94% of Queensland suburbs. Lone-person households lead the mix: families with children 9.8%, couples without children 25.9%, people living alone 51% and group households 13.2%. Among suburbs within 40km of the Brisbane CBD, 0 of 317 have a smaller share of families with children than Fortitude Valley. The share of families with children, 9.8%, is lower than in 99% of Queensland suburbs. Couples without children make up 25.9%, below most Queensland suburbs.

Housing supply

477 new dwellings were approved across the Fortitude Valley statistical area in the year to June 2023, 489% above its 2020 to 2022 average of 81 a year. The Fortitude Valley statistical area had 11,889 residents in 2025 and closely matches Fortitude Valley. That is 40.1 approvals per 1,000 residents of that area, one of the heaviest pipelines in Queensland, above 98% of statistical areas. The busiest year for approvals since 2020 was 2023, with 477, and the quietest was 2021, with 37.

Population trend

From 2020 to 2025, the Fortitude Valley statistical area grew its population by 24%, well ahead of most areas, against 9.7% for Queensland as a whole. The median Queensland statistical area grew 6.3% over the same 5 years, 17.7 points slower than this one. It ranks at the 94th percentile of Queensland statistical areas for population growth over the period. The fastest single year was to 2023, at 6.6%, and the slowest to 2021, at 1.5%.

Against its neighbours

The sharpest contrast among the nearby suburbs is New Farm, where the median age is 38 compared with 31 here. On the share of families with children, Kangaroo Point comes closest to Fortitude Valley: 15.2% against 9.8%. Brisbane City, 2km away, has 16,097 residents and a median household income of $82,300.

Location

Demographics

ABS Data by Region to 2025, on ABS Census 2021 suburb baseline
Population2025 estimate11,854
Median Age202431
Owner OccupiedCensus 202117.9%
RentingCensus 202182.1%
Median Household Income2023$97,200
New Dwellings ApprovedFortitude Valley SA2, 12 months to June 2023477
Population ChangeFortitude Valley SA2, 2020 to 2025+24%

Household Mix Census 2021

Families with children: 9.8%Couples, no children: 25.9%Living alone: 51%Group households: 13.2%

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Reading this report

Every figure in the Fortitude Valley data table is dated at its source. Supply and population change cover the Fortitude Valley statistical area, whose boundary differs from Fortitude Valley's, and our guide to reading a suburb report explains how our buyers agents weigh them.

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This report is market intelligence prepared by Chase Wealth Australia for general information only. Figures are statistical estimates for the suburb, not valuations of any individual property, and do not constitute financial or credit advice. Consider your circumstances and seek professional advice before acting. Demographic figures are sourced from the Australian Bureau of Statistics, Census 2021 (licensed CC BY 4.0) where available.