1/11 Parallel St, Falls Creek is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 870m2.
Just listed is this beautifully appointed one bedroom private apartment situated on the uphill side of Parallel Street, high in the village. Sleeping up to fours guests and with no restrictive management agreement it makes an ideal permanent residence or a holiday home that can also be rented out for an income. The property has a north facing view, is ski in ski out with access from Orys Trail and Last Hoot and is close to restaurants and ski hire. Long lease and low owners corporation fees ($4236 pa).
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 2016 was 293 people. By 2021 the population was 326 showing a population growth of 11.3% in the area during that time. The predominant age group in Falls Creek is 20-29 years. Households in Falls Creek are primarily single parents and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Falls Creek work in a managers occupation.In 2021, 51.60% of the homes in Falls Creek were owner-occupied compared with 49.00% in 2016.
Falls Creek has 648 properties. Over the last 5 years, Units in Falls Creek have seen a 73.13% increase in median value. As at 30 November 2025:
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