OFF MARKET

304/1 Sitzmark Street
Falls Creek VIC 3699

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Last updated 16 Dec 2024
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Property Details for 304/1 Sitzmark St, Falls Creek

304/1 Sitzmark St, Falls Creek is a 3 bedroom, 2 bathroom Unit and was built in 1971.

Building Type
Unit
Year Built
1971
Local Government
Alpine

Last Listing description (July 2021)

This is a modern 3 bedroom, 2 bathroom fully self-contained alpine property.

Located the top level of the Silverski complex in the heart of the Falls Creek Village. This single level property is spacious and light. It is approximately 101.15sqm with a private 10sqm under cover terrace with private hot tub and dining area.

It is in good condition and the configuration works very well for families and groups. With a 3 bedrooms consisting of a very large master bedroom with two King bed (split able), a Queen bed (split able) and in the third smaller bedroom a bunk bed. The spacious lounge area also features a pull out sofa bed so the property can sleep 8 or 10 with a pull out sofa.

The Silverski alpine head lease is until 2045 and the complex has onsite management, a ski hire and a modern Australian restaurant called Someplace Else Bar and Grill. This property has been in holiday rental via the onsite management.

At Silverski you can also keep the property for private use and exit the management agreement with 4 months notice if you wish. The current budget for Silverski is available via request the current outgoings for this apartment are $46,706 including all utilities.

Disclaimer:
While we have made every effort to ensure that information provided about the above property is accurate, it has been provided to us by the Vendor and other sources. Zirky Real Estate accepts no responsibility for direct, indirect, incidental or consequential damages resulting from any errors, inaccuracies or omission. We strongly advise all interested parties to obtain independent financial and legal advice and make their own inquiry before proceeding.

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Property History for 304/1 Sitzmark St, Falls Creek, VIC 3699

A timeline of how this property has performed in the market
  • 06 Nov 2019
    Listed for Sale $470,000

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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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