1/4 Parallel StreetFalls Creek VIC 3699
Property Details for 1/4 Parallel St, Falls Creek
1/4 Parallel St, Falls Creek is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 983m2 and floor size of 57m2.
Last Listing description (October 2023)
Located in Parallel Street, this property has previously been used for only private use by the vendor & friends.
It features easy access directly off Parallel Street, stunning views looking towards Spion Kopje and is one of only four apartments on a large block. The Karingal complex has been tastefully externally renovated over the 2020 summer and has been fully reclad, installed all new double-glazed windows, added a large balcony which is accessed by full length double sliding doors and installed attractive private entrances tastefully finished in Glenrowan rock.
Apartment 1 features 2 bedrooms and is licensed to sleep 4. It is split over two levels via a communal staircase with the bottom level used as a drying room, ski tuning area/workshop and ski/snowboard storage.
The main level features open plan living and dining area, opens directly out onto a wide balcony with large glass sliding doors which provide the most stunning views and natural light. The kitchen is large for a property of this size. The 2 bedrooms are adjacent to the living room with separate toilet/shower on entry to the property.
As you enter the downstairs level, there is a large walk-in drying area. Through the next door is a ski tuning area, small sauna and bench seating area to put on your footwear. Located at the back of this space is storage and a small workshop area.
With an alpine head lease until 31st of October 2033, no management agreement and low body corporate charges, this is a very appealing property.
Disclaimer:
While Zirky Real Estate Pty Ltd have made every effort to ensure that information provided about the above property is accurate, it has been provided to us by outside sources and have not been independently verified by Zirky Real Estate Pty Ltd. Potential purchasers are advised to obtain independent financial and legal advice and make their own inquiry as they see fit. Zirky Real Estate accepts no responsibility for direct, indirect, incidental, or consequential damages resulting from any errors, inaccuracies or omission based on information provided.
Property History for 1/4 Parallel St, Falls Creek, VIC 3699
- 15 May 2023Listed for Sale Contact Agent
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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 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:
- The median value for Units in Falls Creek is $637,541.
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