Thinking about buying in Falls Creek? Now could not be a better time, with a whopping 591 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $529,000 with prices in this suburb ranging from $146,000 to $1,399,000.Distance to the coast is 128 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Falls Creek due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Falls Creek changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Falls Creek necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Falls Creek the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
|Median Weekly Rent||$539.00|
|Median Monthly Mortgage||$670.00|
|Median Persons Per Bedroom||1.20|
|Average Household Size||2.00|
|Average Cars Per Dwelling||1.11|
|Average Properties Within 50M||29.00|
Falls Creek Public School
Falls Creek Primary School(While the above schools are located with the suburb of Falls Creek there may also be nearby schools whose catchments cover this suburb)
Incidents Trend State Average
| (mm) |
|Min (°C) |
|Max (°C) |
|Min (%) |
|Max (%) |
| (m/sec) |
| (MJ/sq m) |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!