7 Parallel StreetFalls Creek VIC 3699
Property Details for 7 Parallel St, Falls Creek
7 Parallel St, Falls Creek is a 4 bedroom, 3 bathroom House. The property has a land size of 729m2.
Last Listing description (December 2020)
Huge freestanding luxury chalet - no management restrictions.
Rainbow B is in a complex of three separate chalets centrally situated high in the village and close to restaurants and ski hire. The chalet is three storeys, has two queen bedrooms (one with dressing room) with ensuites on the middle level, two bunkrooms each sleeping four on the lower level and a separate bathroom. There is a second lounge on this level with double sofa bed. The chalet sleeps 12-14 people and has a very spacious drying room. The top level is open plan with kitchen, dining/lounge and has spectacular views, balcony and a gas log fire. There is a 10 seater dining table, and an island bench which seats another 3-4 people between the kitchen and lounge.
This is a rare opportunity to purchase a highly desirable property. It has a good rental history and is well worth inspection.
Property History for 7 Parallel St, Falls Creek, VIC 3699
- 03 Jul 2020Listed for Sale $830,000
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0About 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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