5/3 Schuss St, Falls Creek is a 3 bedroom, 1 bathroom Unit and was built in 1971. The property has a land size of 820m2.
Schusski Apartment 5 is a spacious unmanaged three-bedroom, one-bathroom with separate powder room, alpine apartment spread across three levels. It offers approximately 100sqm of internal living with fantastic private balconies on both levels to enjoy the views. Ideally positioned on Schuss Street, the property enjoys direct ski-in access from Ory's Trail - a rare and highly sought-after feature.
Nestled amongst the gum trees, Apartment 5 is a private alpine retreat with a desirable north-west aspect. The open-plan living, kitchen and dining area is bathed in natural light and captures expansive views across the valley toward Spion Kopje and the International ski area.
Apartment 5 is one of just five townhouses within the complex. Currently, two apartments are privately occupied, with the remaining residences leased to seasonal tenants. Schusski enjoys a quiet and peaceful setting, positioned well back from the road, offering excellent privacy. The property also benefits from low body corporate fees for a residence of this size, with no restrictions on owner use.
The apartment is sold with vacant possession with a head lease until 2048 for $850,000.
Properties in Falls Creek are exempt from the Victorian Vacant Residential Land Tax.
Agents in Conjunction with Ted Weeks, Falls Creek Real Estate 0456 022 211
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.
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:
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