78 Woollamia Road offers a rare opportunity to snap up a 12 acre parcel of land, refurbish the existing cottage and live in a tranquil setting until you are ready to cash up by doing the sub-division and selling off the back block. Or develop now!
The DA has been substantially commenced and all contributions have been paid by the vendor (documentation re this is being obtained from Council archives).
The shed would be on the front block once the sub-divison is done.
Zoning is R5 Large Lot Residential, and per the sub-division plans, the front lot would be 5 acres and the rear lot 7 acres.
A gravel driveway giving access to the rear lot has been built, giving a head start on some of the work that will be needed for access and sub-division.
The current 2brm cottage is in livable but original condition, and has electricity connected, town water, and septic sewer.
The back block is yet to have any services connected / provided.
Inspection is by appointment only. Please contact Craig McIntosh on 0455 544 228.
The size of Falls Creek is approximately 29.4 square kilometres. It has 4 parks covering nearly 9.6% of total area. The population of Falls Creek in 2011 was 951 people. By 2016 the population was 922 showing a population decline of 3.0% in the area during that time. The predominant age group in Falls Creek is 50-59 years. Households in Falls Creek are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Falls Creek work in a trades occupation. In 2011, 87.6% of the homes in Falls Creek were owner-occupied compared with 87.1% in 2016.
Falls Creek has 432 properties. Over the last 5 years, Houses in Falls Creek have seen a 67.23% increase in median value. As at 31 August 2024:
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