SOLD
RECENT ADVICE
Sold on 10 Jul 2024 for $120,000

40 The Corso
East Innisfail QLD 4860

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1012m2
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Property Details for 40 The Corso, East Innisfail

Building Type
Land
Land Size
1012m2
Local Government
Cassowary Coast Regional
Lot/Plan
130/RP705576

Last Listing description (July 2024)

This land is located opposite the Johnstone River. When you build up on the block you will have a brilliant view up the river. You will also benefit from the cool breezes that come across the water. It is a 1012 sqm corner block and is flat as a tac.

The possibilities here are almost endless with a local council that is pro development and very supportive of building projects in the town. They are currently offering to waive headworks charges. A saving of more than $25000 in most shires. You could build your dream home here and walk along the riverside pathway to town. You could possible sub divide the block, build a duplex, or possibly even put up some flats. All subject to council approval of course. The current owner has discussed all these options with the planning department. The real estate market in Innisfail has never been stronger and the rental market never tighter.

Blocks like this on the riverfront are getting harder and harder to find.

Contact Michael Skuse

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Property History for 40 The Corso, East Innisfail, QLD 4860

A timeline of how this property has performed in the market
Last Sold
$120,000
10 Jul 2024
  • 26 Jun 2024
    Listed for Sale $150,000
  • 26 Jun 2024
    Sold for $120,000
  • 19 Dec 2022
    Listed for Sale $150,000
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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 913 properties. Over the last 5 years, Houses in East Innisfail have seen a 71.87% increase in median value, while Units have seen a 50.60% increase. As at 31 October 2024:

  • The median value for Houses in East Innisfail is $299,375 while the median value for Units is $295,784.
  • Houses have a median rent of $420 while Units have a median rent of $290.
There are currently 13 properties listed for sale, and 5 properties listed for rent in East innisfail on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in East innisfail.

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Contact agent
Michael Skuse
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Raine & Horne Innisfail
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