7/1 Arlberg Street, Falls Creek, VIC 3699 | Property Value & History | OnTheHouse
OFF MARKET

7/1 Arlberg Street
Falls Creek VIC 3699

Bedrooms: 4
Bathrooms: 4
Car spaces: -
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Last updated 29 Jun 2026
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Property Details for 7/1 Arlberg St, Falls Creek

7/1 Arlberg St, Falls Creek is a 4 bedroom, 4 bathroom Unit.

Building Type
Unit
Local Government
Falls Creek Alpine Resort (Un-Incorporated)

Last Listing description (May 2026)

Welcome to Koki, where alpine living is redefined. Nestled in Falls Creek village and framed by the Alpine National Park, Koki is both a sanctuary and a playground, offering year-round luxury and adventure. Comprising nine well-appointed residences designed by Kerry Phelan Design Office, Koki sets a new standard for alpine living. Created by mountain families for mountain families, it offers a rare opportunity to own an iconic piece of Falls Creek.

We are delighted to present Koki 7, the jewel in the Koki crown - a unique offering in the alpine real estate market. This expansive 4-bedroom, 4-bathroom plus study residence epitomizes the perfect alpine home with high ceilings and contemporary design, showcasing the pinnacle of luxury and comfort. Undoubtedly Falls Creek's trophy residence.

Only recently completed post the development, Koki 7 comes to market as a first time listing for this residence, fully furnished and unoccupied to date, providing an unmatched opportunity to enter this coveted location as a new owner.

Key Features:

- Austrian inspired Double Sided Open Wood Fireplace
- Spacious Kitchen with Large Butler's Pantry - second bench s space/sink/dishwasher
- Dedicated Study - comfortable office for two
- Dedicated Laundry
- Large Private Drying Room
- Private Entrance (Dual entrance)
- Private Ski Storage Room
- Hydronic Heating Throughout
- Heated Floors
- Herringbone parquetry flooring
- Articolo designer lighting
- Brushed Swiss brass tapware
- Italian granite benchtops
- Timber veneer joinery
- Designer door and cabinetry hardware
- Customer designed furnishings
- European and English textiles
- ESmart heating system - offsite mobile control
- Access intercom and camera system
- Wi-Fi access points to each room
- Communal Ski & Boot Store (In addition to Private Store)
- Communal Ski Tuning Area and Mountain Bike Storage and Ski & Boot Store
- Communal Spa, Sauna, and Cold Plunge
- Ski in/ski out location
- North facing outlook to valley and snowcapped mountains
- Abundance of natural light
- Located in the heart of Falls Creek village

With a long head lease extending until 2059, Koki 7 is offered for sale as a walk-in, walk-out property. This is a unique opportunity to own a piece of luxury in one of Australia's premier alpine destinations.

Properties in Falls Creek are exempt from the Victorian Vacant Residential Land Tax.

Disclaimer: Potential buyers should conduct their own due diligence and obtain legal advice & financial advice and not rely on information provided.

Property History for 7/1 Arlberg St, Falls Creek, VIC 3699

A timeline of how this property has performed in the market
  • 28 May 2026
    Listed for Sale Not Disclosed
  • 05 Dec 2025
    Listed for Sale $3,950,000
  • 15 Apr 2025
    Listed for Sale $3,950,000
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About Falls Creek 3699

The size of Falls Creek is approximately 173.8 square kilometres. There are 5 parks, covering nearly 111.5% of the 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 $800 - $999 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 651 properties. Over the last 5 years, Units in Falls Creek have seen a 33.05% increase in median value. As at 31 May 2026:

  • The median value for Units in Falls Creek is $577,049.
There are currently no properties listed for sale, and 1 property 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.