OFF MARKET

3/63 Parallel Street
Falls Creek VIC 3699

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Last updated 4 Nov 2024
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Property Details for 3/63 Parallel St, Falls Creek

3/63 Parallel St, Falls Creek is a 2 bedroom, 1 bathroom Unit.

Building Type
Unit

Last Listing description (July 2020)

An amazing opportunity to own a very comfortable NON managed two bedroom alpine home in a small private complex with easy access to lifts in a true ski-in ski-out positioned high in the village.

Located in Parallel street this property has previously been used for only private use by the vendor's family. It features easy access directly off Parallel street, stunning views looking towards Spion Kopje and is one of only four apartments on a large block. The Karingal complex has been tastefully externally renovated over the 2020 summer and has been fully reclad, installed all new double glazed windows, added a large balcony which is accessed by full length double sliding doors and installed attractive private entrances tastefully finished in Glenrowan rock.


Apartment 3 is approximately 110 sqm and licensed for 7 beds. It is split over two levels with private internal stairs. The entry level features a drying room, ski storage, laundry and powder room. The large open plan living and dining area, opens directly out onto a wide balcony with full length glass sliding doors which provides the most stunning views and natural light. The kitchen is fully self-contained with brand new oven and is very practical.

Downstairs has two good sized bedrooms and bathroom. The master bedroom features built in wardrobes with a queen bed. The second bedroom accommodates five people, with a combination of a trilogy bunk bed and standard bunk and built in wardrobes. Directly behind the shared bathroom there is a long storage room.

With a new alpine head lease till 31st of October 2033, no management agreement and vacant possession for winter 2020 and low body corporate charges of $10,550 pa, this is a very appealing property.

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Property History for 3/63 Parallel 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 67.04% increase in median value. As at 31 October 2024:

  • The median value for Units in Falls Creek is $453,591.
There are currently no properties listed for sale, and no properties listed for rent in Falls creek on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Falls creek.

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