16 Monica St, South Innisfail is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 968m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
This two bedroom home with sleep out is well positioned on a large block with
TWO STREET ACCESS.
The yard is fully fencd and has some established fruit and shade trees.
It is only a short drive to the Innisfail CBD. Town water, power, postal delivery and all the council services. The bus stop is near by.
This is the perfect opportunity to purchase a sound Investment. The property is currently rented to Wet Tropics, so your rental income is guaranteed, even if the house is vacant.
Rentals are in high demand, hence great returns.
You can keep the home rented out to cash in on the high returns, move in yourself
(3 months notice for the Tenants) or plan to build your Dream Home on the block.
The choice is yours.
The size of South Innisfail is approximately 7 square kilometres. It has 2 parks covering nearly 27.4% of total area. The population of South Innisfail in 2011 was 621 people. By 2016 the population was 536 showing a population decline of 13.7% in the area during that time. The predominant age group in South Innisfail is 50-59 years. Households in South Innisfail are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Innisfail work in a labourer occupation. In 2011, 68.3% of the homes in South Innisfail were owner-occupied compared with 64.9% in 2016.
South Innisfail has 270 properties. Over the last 5 years, Houses in South Innisfail have seen a 69.56% increase in median value, while Units have seen a 78.92% increase. As at 31 October 2024:
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