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Innisfail Estate
AREA REPORTS

Innisfail Estate

Innisfail Estate - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4860

house

A steady increase in median property prices over a five-year period in the suburb translates to a N/A capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $310,000

The augmented property values in the suburb are trailing behind the territorial average of 19.02% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $390.

Home owners selling their properties and realtors in INNISFAIL ESTATE usually have to wait an average of 103.6 days days before their assets are lifted off the market.

The QLD suburb ranks 55th on the list of best yielding suburbs for rental properties in QLD, posting a 6.54% return.

It also places places 372nd in Australia based on median property value growth during the quarter.

Data report can be found below

Innisfail Estate
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $310,000 N/A
GROWTH REPORT
Median Quarterly 6.9% N/A
Median 12 month 15.24% N/A
Median 3 years N/A N/A
Median 5 years 27.84% N/A
10 years average annual 10.71% N/A
Weekly media advert. rent $390 N/A
Time on Market 103.6 days N/A
Gross Rental Yield Percent 6.54% N/A
demographics (median values)*
Total Population
1309
Weekly Household Income
715.2
Household Size
2.40
Age
39
Monthly Loan Repayment
867
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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