2/27 Falls Creek Road, Falls Creek, VIC 3699 | Property Value & History | OnTheHouse
OFF MARKET

2/27 Falls Creek Road
Falls Creek VIC 3699

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 68m2
Land area: 1082m2
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Last updated 19 Jan 2026
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Property Details for 2/27 Falls Creek Rd, Falls Creek

2/27 Falls Creek Rd, Falls Creek is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 1082m2 and floor size of 68m2.

Building Type
Unit
Year Built
1980
Floor Size
68m2
Land Size
1082m2
Local Government
Falls Creek Alpine Resort (Un-Incorporated)

Last Listing description (July 2021)

Perfect little starter complex for someone looking to get into business in the alps. Really this is an excellent business, in an excellent location. Altitude Management rights will not last long on the market.

- 1.5 bed, 1 bath manager's residence with separate entrance and balcony. Plus linen storage
- Enviable Falls Creek Village location, ski in ski out, bike ride in bike out, easy parking

- Complex presents beautifully, with modern serviceable apartments.
- Long agreements
- Property inspections are by appointment only

Altitude apartment complex is situated in the Alpine resort of Falls Creek at the base of Eagle & Summit chairs in the Village Bowl. With ski runs, mountain bike and walking trails on the doorstep, this is the perfect location to own your own your own management rights business.

The complex consists of 4 spacious four- bedroom, three bathroom apartments all front facing accommodating 12 people, with magnificent views of the resorts and ski runs. There are 3 rear two- bedroom, one bathroom apartments sleeping 4- 6 people . Plus the managers apartment. All of the apartments have been upgraded and are fitted with all the modern conveniences.

For sale. The property management rights of 7 units. - Guaranteed body corporate fees. - Quiet complex with minimal work to maintain Sold with a 1.5 bedroom managers apartment with ample storage and linen space (approximately 103sqm of management area including basement store & workshop)

Features
Ideal for retired couple. - Great location

Premises
Very tidy complex with management apartment

Trading Hours
Hours to suit, majority of the rental income is derived over the winter period. More potential income to be earnt over summer.

Lease
N/A

Employees
1 owner + 2/3 casual on average 15 hours a week

Comments
Quiet complex which has excellent rental occupancy figures. Available via request

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 advice and make their own inquiry before proceeding.

Property History for 2/27 Falls Creek Rd, Falls Creek, VIC 3699

A timeline of how this property has performed in the market
  • 24 Oct 2019
    Listed for Sale $595,000
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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 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 83.82% increase in median value. As at 31 December 2025:

  • The median value for Units in Falls Creek is $661,260.
There are currently no properties listed for sale, and no properties listed for rent in Falls creek on OnTheHouse. According to Cotality's data, 6 properties were sold in the past 12 months in Falls creek.

Suburb Insights for Falls Creek 3699

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.