8/11 Parallel St, Falls Creek is a 2 bedroom, 1 bathroom Unit and was built in 1970.
2-bedroom, 2-storey compact apartment that sleeps 5. Situated high in the village on Parallel Street. Stunning views from lounge and queen bedroom across to Spion Kopje and Mount Bogong. No restricted management agreement makes it an ideal permanent residence or holiday home to let out. Low owners corporation and long lease. Ski in - ski out access from Orys Trail and Last Hoof and only a few metres from the Aquaduct Nordic Trail. Fully furnished and ready to go. Handy to restaurants and ski hire.
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 26.32% increase in median value. As at 30 September 2024:
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