FOR SALE
$940,000

5 Lone Pine Avenue
Hepburn Springs VIC 3461

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4046m2
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1 Acre of Vacant Land with Planning Permit in Prime Location

An exceptional opportunity awaits you to secure approximately one acre of cleared land in the prestigious and highly coveted "dress circle" of Hepburn Springs. This prime parcel comes with a current planning permit for a dwelling, issued in June 2021, with a BAL rating of 29.
Boasting a commanding elevation, this location surpasses all others, offering breathtaking panoramic views towards Daylesford, overlooking the Mineral Springs Reserve and Hepburn Bathhouse. The land slopes down to the east and south, ensuring unparalleled privacy while maximizing the stunning vistas.
Access to this remarkable property is provided via Lone Pine Avenue, with an additional unmade/unused roadway from Forest Avenue at the southern end of the allotment, opposite the entrance to Hepburn Bathhouse.
This unique property presents a myriad of possibilities for prospective buyers, as much of the groundwork has already been completed, including surveys, allotment clearance, and planning approval.
For those seeking more than just vacant land, the adjacent property at 7 Lone Pine Avenue, Hepburn Springs, is also available. This property features a charming 3-bedroom Victorian residence on approximately one acre.
• Low Density Residential Zone & Schedule 1 (LDRZ & LDRZ1)
• Infrastructure amenities such as electricity, town water, and sewerage are readily available.
For further details and to explore the potential of this extraordinary property, please contact Rae Corris at 0408 358 772.
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Property Details for 5 Lone Pine Ave, Hepburn Springs

Building Type
Land
Land Size
4046m2

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About Hepburn Springs 3461

The size of Hepburn Springs is approximately 3.1 square kilometres. It has 3 parks covering nearly 45.2% of total area. The population of Hepburn Springs in 2011 was 240 people. By 2016 the population was 321 showing a population growth of 33.8% in the area during that time. The predominant age group in Hepburn Springs is 50-59 years. Households in Hepburn Springs are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hepburn Springs work in a professional occupation. In 2011, 57.7% of the homes in Hepburn Springs were owner-occupied compared with 68.9% in 2016.

Hepburn Springs has 450 properties. Over the last 5 years, Houses in Hepburn Springs have seen a 48.46% increase in median value, while Units have seen a 20.31% increase. As at 31 July 2024:

  • The median value for Houses in Hepburn Springs is $754,375 while the median value for Units is $535,558.
  • Houses have a median rent of $510 while Units have a median rent of $333.
There are currently 15 properties listed for sale, and 1 property listed for rent in Hepburn springs on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Hepburn springs.

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Rae Corris
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Biggin Scott Daylesford
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