1/15 Parallel St, Falls Creek is a 4 bedroom, 4 bathroom Townhouse and was built in 2005. The property has a land size of 652m2 and floor size of 211m2.
This is top of the tree, premium quality real estate. Four bedrooms and a fifth with ensuite spa, accommodates up to 12 people in the luxury you would expect. Comfortably accommodates two or three families. Stunning views of the Bogong High Plains and the Kiewa Valley.
Great central location in close proximity to all the village facilities with ski-in, ski-out access.
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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