OFF MARKET

303/1 Sitzmark Street
Falls Creek VIC 3699

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Last updated 16 Dec 2024
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Property Details for 303/1 Sitzmark St, Falls Creek

303/1 Sitzmark St, Falls Creek is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1971.

Building Type
Unit
Year Built
1971
Local Government
Alpine

Last Listing description (May 2019)

This 3 bedroom, 2 bathroom modern Silverski apartment has all the boxes ticked.
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SPACE - Open plan, north-facing, large and spacious approximately 93sqm internally with a 16sqm balcony

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VIEWS- Stunning, front facing alpine mountain views.
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BALCONY WITH HOT TUB - Unwind on the balcony in your private hot tub
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MODERN FIT OUT - Designer apartment with a lovely alpine feel, has interesting spaces
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FIRE PLACE - Has a cracking wood fireplace.
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LOCATION - Set in the heart of the Falls Creek Village, Ski in/ski out
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FLEXIBLE MANAGEMENT AGREEMENT- Excellent rental property with onsite management, or able to remove from management and keep it solely for private use.
The apartment is single level and located the top of Silverski Complex. It is in good condition and the configuration works very well for families and groups. With a 3 bedrooms consisting of a King bed (splitable), a Queen bed (splitable ) and in the third bedroom a Queen (splitable) and a bunk bed. The lounge area also features a pull out sofa bed. The head lease is long, until 2045 and they have excellent onsite management. Please note the current body corporate outgoings are for 2017/2018 $29,256 and include all utilities.

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Property History for 303/1 Sitzmark St, Falls Creek, VIC 3699

A timeline of how this property has performed in the market
  • 15 Mar 2018
    Listed for Sale $445,000

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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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