OFF MARKET

214/1 Sitzmark Street
Falls Creek VIC 3699

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
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Last updated 16 Dec 2024
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Property Details for 214/1 Sitzmark St, Falls Creek

214/1 Sitzmark St, Falls Creek is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a floor size of 57m2.

Building Type
Unit
Year Built
1976
Floor Size
57m2
Local Government
Alpine

Last Listing description (February 2017)

Silverski Apartment 214 is a centrally located 2 bedroom in the heart of Falls Creek.
This affordable apartment is approximately 43.5 sqm and sleeps 6 people. It features two rooms one with a queen and the other 2 sets of bunks, a small kitchenette and bathroom.
This apartment is sold free of any management agreement. so you are free to live in it or rent it out as you please. Silverski has a long alpine head lease until 2045

Please note this apartment previoysly rented seasonally for employee accommodation grossing $20,000 this year for the 2016 season. The 2016 body corporate outgoings that are deducted are approximately $13,948 pa and include all utilities.

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Property History for 214/1 Sitzmark St, Falls Creek, VIC 3699

A timeline of how this property has performed in the market
Listed for Rent
$20k/w
07 Jun 2016
  • 20 Jan 2016
    Listed for Rent $1,250 / week
  • 01 Jun 2015
    Listed for Sale $120,000
  • 30 May 2014
    Listed for Sale $120,000
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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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