Falls Creek
VIC, 3699 - Unincorporated Vic

Thinking about buying in Falls Creek? Now could not be a better time, with 599 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,054,000 with prices in this suburb ranging from $730,000 to $1,065,000. The aproximate distance to the coast is 121 Km.

Household Makeup

Median Weekly Rent $539.00
Median Monthly Mortgage $670.00
Median Persons Per Bedroom 1.20
Average Household Size 2.00
Average Age 28.00
Average Income $916.00
Average Cars Per Dwelling 1.32
Average Properties Within 50M 29

Housing Stock

Average Property Prices

1 Bed  $795,000
2 Bed  $1,057,000
3 Bed  $949,000
4 Bed  $1,057,000
6 Bed+$1,057,000

Falls Creek Real Estate Market Outlook

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.

Local Schools

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)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Falls Creek weather - Average Local Climate by month

Min (°C)
Max (°C)
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(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

BogongNelseMount BeautyBundaraTawonga SouthSmokoHotham HeightsHarrietvilleShannonvaleDinner Plain

General Points of Interest

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