11/12 Falls Creek RoadFalls Creek VIC 3699
Property Details for 11/12 Falls Creek Rd, Falls Creek
11/12 Falls Creek Rd, Falls Creek is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1971. The property has a floor size of 82m2.
Last Listing description (December 2018)
BRAND NEW LEASE AND FREE FROM ANY MANAGEMENT RESTRICTION
Three storey, two bedroom two bathroom townhouse sleeping 8, with all modern conveniences. A new bathroom, drying area and entrance have been recently added and the property is sold furnished. Situated on Falls Creek Road, overlooking the Gully Chairlift and with excellent views.
The complex has been recently renovated externally with extensive use of copper cladding and rock and is virtually maintenance free. These works exceeded $200,000 per apartment and the new lease until 2061 is finalised.
Rates are under $12,000 per annum.
This is a unique opportunity to secure a spacious residence, which can be used solely for private purposes or let out as you wish.
For inspection contact Ted Weeks on 0456 022 211.
Property History for 11/12 Falls Creek Rd, Falls Creek, VIC 3699
- 12 Nov 2018Listed for Sale $435,000
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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 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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