40-42 Charles St, Innisfail is a 8 bedroom, 3 bathroom House. The property has a land size of 1600m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Sitting on 1,600 sqm of level land, this property is perfect for agri-business providers looking to accommodate workers. The property is zoned commercial but has a land use of Residential Institutions (Non-Medical Care).
Comprising 8 bedrooms, all of which are air conditioned and four of which have built-in robes and three full bathrooms. The dining area is very large and the full kitchen has all the appliances, including a dishwasher. There is a full laundry, and the living flows out to a very large, fully paved under-cover patio. All up, just over 300 sqm under roof.
In the midst of an accommodation crisis across the country, the returns here could be extremely lucrative.
The property is currently being used as a private education facility. The yard is fully fenced on a corner block across the road from hectares of parklands.
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 872 properties. Over the last 5 years, Houses in Innisfail have seen a 116.24% increase in median value, while Units have seen a 113.04% increase. As at 30 November 2025:
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