FOR SALE
$3,500,000

59 Main Road
Hepburn Springs VIC 3461

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3238m2
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Rare Opportunity To Purchase Turnkey Development Project

Seize an extraordinary development opportunity in the picturesque Hepburn Springs. This prime site at 59 Main Road features 9 residential blocks ranging from 342m² to 396m², complete with a planning permit for a mix of high-quality homes. The site is offered at $3,500,000.
Development Highlights:
1. Planning Permit: Approved for the construction of 8 premium 3-bedroom homes, each with an ensuite, and 1 luxurious two-story 4-bedroom, 3-bathroom home.
2. Individual Designs: Each home will have private entry, ensuring exclusivity and privacy, with no body corporate fees.
3. Lot Sizes: Blocks range from 342m² to 396m², offering ample space for comfortable living and tailored landscaping.
4. Location Benefits: Ideally situated in Hepburn Springs, known for its serene environment, mineral springs, and wellness retreats, providing a perfect setting for residential development.
5. Investment Potential: With an asking price of $3.5 million, this development site promises excellent returns, catering to the growing demand for quality housing in this sought-after area.
Community and Lifestyle:
Hepburn Springs is renowned for its tranquil lifestyle, rich cultural heritage, and vibrant community. Future residents will enjoy close proximity to boutique shops, gourmet dining, and the natural beauty of the Hepburn Regional Park.
Why Invest Here?
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Property Details for 59 Main Rd, Hepburn Springs

Building Type
Land
Land Size
3238m2

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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 453 properties. Over the last 5 years, Houses in Hepburn Springs have seen a 37.70% increase in median value, while Units have seen a 35.97% increase. As at 31 October 2024:

  • The median value for Houses in Hepburn Springs is $750,053 while the median value for Units is $579,935.
  • Houses have a median rent of $515 while Units have a median rent of $333.
There are currently 16 properties listed for sale, and 1 property listed for rent in Hepburn springs on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Hepburn springs.

Suburb Insights for Hepburn Springs 3461

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David Wynack
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Stockdale & Leggo Daylesford
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.