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QLD › East Innisfail › Coronation Dr

47 Coronation Dr, East Innisfail QLD 4860

For saleHouse

$450,000

For sale

Asking

2

Bedrooms

1

Bathrooms

2

Car spaces

841 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $450,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $450,000(Listing record · 10 Aug 2026)
  • FactLand 841 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in East Innisfail (last 5 years) with land size: median $335/m² of land (n=96). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 6% below the East Innisfail median recorded sale ($480,000, n=41, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at East Innisfail's advertised median rent ($384/wk), implied gross yield would be 4.44% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$450,000

Asking · $535/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in East Innisfail (last 5 years) with land size have a median of $335/m² of land (n=96). Districts calculation from recorded sales — not a valuation.

East Innisfail at a glance

1,774

People

$480,000

Median sale

$384/wk

Median rent

4.16%

Suburb gross yield

Median sale from 41 recorded sales (last 12 months) — a Districts calculation.

See the full East Innisfail report →

Vs East Innisfail

-6.2%

Median sale

Suburb $480,000

+0.28 pp

Gross yield

Suburb 4.16%

Suburb median $480,000 from 41 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$450,000
Stamp Duty (Queensland)
$14,175
Transfer/Registration Fee
$1,505
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$469,380

$19,380 on top of the price (4.3% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with East Innisfail's advertised median rent — not a rent for this listing.

Net yield
2.94%
Annual cashflow (pre-tax)
$-10,182
Interest cover (DSCR)
0.56
Annual rent
$19,968
Operating expenses
$6,750
Loan amount
$360,000
Annual interest
$23,400
Gross yield
4.44%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$450,000available10 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $384/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

East Innisfail in one glance

East Innisfail at a glance

1,774

People

$480,000

Median sale

$384/wk

Median rent

4.16%

Suburb gross yield

Median sale from 41 recorded sales (last 12 months) — a Districts calculation.

See the full East Innisfail report →

Keep researching

  • Why East Innisfail? Read the area thesis →
  • What else is on the market in East Innisfail →
  • Other records on Coronation Dr →

Listing material

Listed by Raine & Horne Innisfail

Scenic River Living awaits

Perched against the Johnstone River system, this timeless classic Queenslander awaits. Built in an era of style and grace that holds a nostalgic presence in the heart of budding Timber lovers, 47 Coronation Drive has hit the market.

Elevated far above any flood-line marker, this character-style Queenslander offers an abundance of versatility for the empty nester or Bachelor pad. With its current comfortable two bedrooms and an office, there is definitely room for your personal touch; With a third bedroom that could be easily converted.

Great kitchen and living area, with timeless subtle details in the LED light casement windows, light fittings and French doors that open onto the statement piece of the property; the generous deck that proudly stands above a sensational, stunning scenic river view. Hours will be spent sitting back, relaxing, and taking in all the grandeur scenic river living has to offer.

Read the full description

Great downstairs area for all storage needs, and a modest fenced in area for the family pet; there is room and versatility with this property; more than enough space to set up the man cave for weekend projects. Cocooned by a dense tree line that makes this property feel cozy and private, all within convenient footpath access, mere minutes walking distance to the CBD of Innisfail.

Style, comfort and convenience all wrapped into one property; don't hesitate to make the call for your private inspection today.

Listing description written by Jade Hardaker, Raine & Horne Innisfail — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.