5/3 Schuss Street, Falls Creek, VIC 3699 | Property Value & History | OnTheHouse
OFF MARKET

5/3 Schuss Street
Falls Creek VIC 3699

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 820m2
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Last updated 19 Jan 2026
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Property Details for 5/3 Schuss St, Falls Creek

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.

Building Type
Unit
Year Built
1971
Land Size
820m2
Local Government
Falls Creek Alpine Resort (Un-Incorporated)

Last Listing description (December 2025)

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.


The entry level provides a practical wet area, perfect for drying ski gear in winter or storing bikes during the warmer months, along with a powder room and laundry facilities. The central bathroom with large spa bath is also on this level.

Accommodation is located on the upper level. The main bedroom features a queen bed and built-in wardrobes, while the second bedroom includes built-in bunks both with access to a balcony and a large built-in wardrobe. The third bedroom offers a built-in king bed. The top balcony offers a box seat to the fireworks that light up the night sky from the Village Bowl.

In winter, put your skis on at the back door and ski down Ory's Trail, through the village to Halleys Comet (Falls Express) ski lift - you'll be on top of the mountain in a heartbeat. At lunchtime or the end of the day, ski the Home Trail straight to the back door. Cross-country skiers will appreciate the aqueduct just steps away, leading directly to the Nordic Bowl. In the green season, a network of walking and mountain bike trails is right at your doorstep. Plus in summer, you can drive directly to the apartment.

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.

Property History for 5/3 Schuss St, Falls Creek, VIC 3699

A timeline of how this property has performed in the market
  • 19 Dec 2025
    Listed for Sale $850,000
  • 20 Sep 2014
    Listed for Sale $465,000
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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.

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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.