OFF MARKET

103/1 Sitzmark Street
Falls Creek VIC 3699

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 16 Dec 2024
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Property Details for 103/1 Sitzmark St, Falls Creek

103/1 Sitzmark St, Falls Creek is a 1 bedroom, 1 bathroom Unit and was built in 1971.

Building Type
Unit
Year Built
1971
Local Government
Alpine

Last Listing description (May 2021)

This room is located in the centrally positioned Silverski complex. Bar, restaurants, ski hire, shuttle stops and ski in/ski out access make any investment in this building very attractive.

The building itself features a very popular family restaurant, large ski/board locker room and drying & laundry facilities directly across the hall from room103.

The room sleeps 4 people with a queen bed & bunks with a newly renovated bathroom and view looking out toward the summit ski area between Huski & Astra buildings.

Silverski has a long alpine head lease until 2045 wth the body corporate figures including all rates & utilities.

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Property History for 103/1 Sitzmark St, Falls Creek, VIC 3699

A timeline of how this property has performed in the market
  • 26 Mar 2021
    Listed for Sale $95,000
  • 22 Jul 2019
    Listed for Sale $85,000

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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 640 properties. Over the last 5 years, Units in Falls Creek have seen a 68.47% increase in median value. As at 30 November 2024:

  • The median value for Units in Falls Creek is $458,989.
There are currently no properties listed for sale, and 1 property listed for rent in Falls creek on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Falls creek.

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