10 Charles St, Innisfail is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 2 bedroom House sold in Innisfail in the last 12 months.
Sitting on 1012 sqm in a central location just two blocks from the CBD.
These two 2-bedroom residences are both leased to long-term tenants. Both tenants pay $290 per week, equating to a gross annual income of $30160 and a gross return at purchase price of 12%. Rates are $6800.
The property is in a flood zone, but is highest, so only the carport area, laundry, and yard will get water in the event of a flood tenants will be high and dry, and in most cases, the water will be gone overnight.
There is a little bit of work to do on one of the bathrooms as there has been a leaking shower base, but other than that, it looks pretty robust.
This is a bargain price and will suit a real estate investor who is prepared to do a little bit of work and reap the returns.
These opportunities do not come along very often, so don't delay.
Regards,
The size of Innisfail is approximately 2.1 square kilometres. It has 13 parks covering nearly 21.8% of total area. The population of Innisfail in 2016 was 1145 people. By 2021 the population was 1091 showing a population decline of 4.7% in the area during that time. The predominant age group in Innisfail is 20-29 years. Households in Innisfail are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Innisfail work in a labourer occupation.In 2021, 30.90% of the homes in Innisfail were owner-occupied compared with 32.00% in 2016.
Innisfail has 875 properties. Over the last 5 years, Houses in Innisfail have seen a 136.06% increase in median value, while Units have seen a 84.33% increase. As at 31 October 2025:
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