12 Lily St, Innisfail is a 15 bedroom, 5 bathroom Unit with 9 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 November 2009.
5 Units, 2 Buildings, No Body Corp
Also a DA for another five 2-bedroom units. Now expired. Reapplication will be required.
Weekly gross rent $2050.
Rates: $7000 for 6 months
I don't use an agent, nor do I have insurance. But to give you an idea: if using an agent, they charge 6 10% of the rental income; and insurance is $6 10k per year.
General repairs are required. Allow $2k for all units combined. Tenants are cutting the grass.
Vendor is selling due to aged and considerable reduction in mental and physical health - dealing with tenants, agents , tradies etc became unbearable - moving to shares and commercial property.
yes there are some repairs needed, some are subject to tenant catching up with the rent, nothing structural
Phone enquiry code for this property : 0412
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 874 properties. Over the last 5 years, Houses in Innisfail have seen a 122.51% increase in median value, while Units have seen a 134.79% increase. As at 31 December 2025:
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