OFF MARKET

2/21 Mourilyan Road
East Innisfail QLD 4860

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 809m2
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Last updated 16 Dec 2024
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Property Details for 2/21 Mourilyan Rd, East Innisfail

2/21 Mourilyan Rd, East Innisfail is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 809m2.

Building Type
Unit
Land Size
809m2
Local Government
Cassowary Coast Regional

Last Listing description (November 2018)

Sitting of the fringe of the Innisfail CBD, these two investment units are under the one title and offer incredible financial returns.Because of the properties location, the supply of ongoing stable tenants is assured.Are far as investment properties go, they really dont get much better than this. The tenants will be paying off your mortgage in no time. The upstairs unit has beautiful timber floors throughout, is freshly painted and comprises of two large bedrooms, large bathroom, living area, and a neat and stylish galley kitchen, all this with a fully enclosed veranda, its no wonder the current tenant does not want to move out and is ready to sign another 12 month lease at the current rent of $215 per week.The lower ground floor unit is also very neat with two bedrooms, large open plan living area and bathroom. The current tenant has sectioned an office area which works great. This unit is currently renting at $210 per week.The total weekly income is $425 per weekAbout the property:Only a few minutes walk to the Innisfail CBD, making these two units highly sought after.Situated on 809 metes of land, that is elevated and away from any possible rising water.No Body Corporate Fee's and after council rates and insurance this is still an outstanding investment opportunity.Features include: Car Ports

Property History for 2/21 Mourilyan Rd, East Innisfail, QLD 4860

A timeline of how this property has performed in the market
Listed for Rent
$259/w
28 Jul 2020
  • 15 Dec 2018
    Listed for Sale Not Disclosed
  • 29 Nov 2018
    Listed for Sale Offers over $180,000
  • 02 Apr 2018
    Listed for Sale Offers over $199,000
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About East Innisfail 4860

The size of East Innisfail is approximately 1.4 square kilometres. It has 4 parks covering nearly 8.6% of total area. The population of East Innisfail in 2011 was 1,827 people. By 2016 the population was 1,841 showing a population growth of 0.8% in the area during that time. The predominant age group in East Innisfail is 10-19 years. Households in East Innisfail are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in East Innisfail work in a labourer occupation. In 2011, 57.6% of the homes in East Innisfail were owner-occupied compared with 56.5% in 2016.

East Innisfail has 912 properties. Over the last 5 years, Houses in East Innisfail have seen a 69.32% increase in median value, while Units have seen a 49.87% increase. As at 30 November 2024:

  • The median value for Houses in East Innisfail is $317,085 while the median value for Units is $314,019.
  • Houses have a median rent of $420 while Units have a median rent of $290.
There are currently 13 properties listed for sale, and 4 properties listed for rent in East innisfail on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in East innisfail.

Suburb Insights for East Innisfail 4860

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.