1/5 Schuss StreetFalls Creek VIC 3699
Property Details for 1/5 Schuss St, Falls Creek
1/5 Schuss St, Falls Creek is a 3 bedroom, 2 bathroom Unit.
Last Listing description (March 2024)
Sun Valley Apartment 1 is a private unmanaged 3 bedroom, two-bathroom apartment located at the top of the village on Schuss Street with great access to the lifts, situated at the top of the village close to Ory's trail. It is in a very quiet spot surrounded by trees on the back side of the property with a large grass area at the front, perfect for summer entertainment.
The top floor features an open plan living, kitchen and dining area with an open rock fire place, vaulted ceiling and kitchen. The living space offers superb views over the Summit and the surrounding ranges complimented by a good-sized balcony.
On entry, there is a great wet room. The entry level contains two bedrooms, one with a king bed and the other configured as an office. The main bedroom contains a large built-in wardrobe and the office has built-in shelves. The bathroom has a shower and toilet.
The lower level is joined by the internal staircase however features its own external entrance with queen bed and heated flooring. It has been used as rental accommodation does join with the rest of the property to make it a complete 3 bedroom. The downstairs area features ample storage space and contains the hot water and hydronic heating.
There is gas hydronic heating throughout the property with electrical hot water. Additionally, it features a ducted vacuum system across all 3 levels. This property is great for anyone wanting their own home in the snow with the opportunity to generate income via the bottom level or use it entirely for themselves. It currently is registered for 4 beds and the head lease is long, expiring 31 October 2050.
Disclaimer:
While we have made every effort to ensure that information provided about the above property is accurate, it has been provided to us by the Vendor and other sources. Zirky Real Estate accepts no responsibility for direct, indirect, incidental or consequential damages resulting from any errors, inaccuracies or omission. We strongly advise all interested parties to obtain independent advice and make their own inquiry before proceeding.
Property History for 1/5 Schuss St, Falls Creek, VIC 3699
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About Falls Creek 3699
The size of Falls Creek is approximately 173.8 square kilometres. It has 5 parks covering nearly 111.5% of total area. The population of Falls Creek in 2011 was 223 people. By 2016 the population was 301 showing a population growth of 35.0% in the area during that time. The predominant age group in Falls Creek is 20-29 years. Households in Falls Creek are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Falls Creek work in a managers occupation. In 2011, 50% of the homes in Falls Creek were owner-occupied compared with 49% in 2016..
Falls Creek has 639 properties. Over the last 5 years, Units in Falls Creek have seen a 26.32% increase in median value. As at 30 September 2024:
- The median value for Units in Falls Creek is $427,395.
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