OFF MARKET

116/1 Sitzmark Street
Falls Creek VIC 3699

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
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Last updated 16 Dec 2024
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Property Details for 116/1 Sitzmark St, Falls Creek

116/1 Sitzmark St, Falls Creek is a bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 74m2.

Building Type
Unit
Floor Size
74m2
Local Government
Alpine

Last Listing description (May 2019)

Silverski room 116 is a self-contained hotel suite sleeping two people with a spit table queen bed. This convenient room features a fully renovated ensuite with shower, TV and mini kitchenette area with sink and microwave. It is located centrally in the Falls Creek village and provides an affordable on mountain accommodation option.
The bathroom was renovated in 2017/2019 summer, it is spacious, light bright and clean. Te approximate size of this room is 14.72sqm The interior of the Silverski complex is rich and warm and include on-site management, ski hire, sauna, drying room, central heating and in house restaurant.
This room is in the holiday booking pool and grossed $15,232,02 in 2017 and $13,835 in 2018 calendar year. The annual body corporate charges for this room are $4,464 including all utilities. This room returns excellently and all financials are available via request.

Property History for 116/1 Sitzmark St, Falls Creek, VIC 3699

A timeline of how this property has performed in the market
  • 04 Mar 2019
    Listed for Sale $55,000

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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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