OFF MARKET

1 Borsa Crescent
Hepburn Springs VIC 3461

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 181m2
Land area: 793m2
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Property Details for 1 Borsa Cres, Hepburn Springs

1 Borsa Cres, Hepburn Springs is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 793m2 and floor size of 181m2. While the property is not currently for sale or for rent, it was last transferred in July 2021.

Building Type
House
Year Built
1950
Floor Size
181m2
Land Size
793m2
Local Government
Hepburn
Lot/Plan
1/PS720803

Last Listing description (February 2019)

This most picturesque property in the perfect tranquil location is hard to beat.
Number 1 Borsa Crescent meets all the requirements. A well appointed kitchen with plenty of storage including a butlers' pantry and large meals and dinning area, great open living, and five bedrooms - four of which have built in robes. The bathroom includes separate shower and spa bath, and as an added extra the downstairs laundry includes a second shower - plenty of room for the family and holidays alike.

Inside, the property has been totally rejuvenated with exposed floors and fresh paint allowing the purchaser to move in or list on the B&B market immediately. Nothing to do but furnish and organise the gin and tonic to spoil yourself on the vast outdoor decking.
Nestled in amongst the tree tops on 800sqm (approx.) of land and a 10 minute walk to all Hepburn Springs has to offer. Cafes, Hepburn Spas, Springs Hotel and the Grand Hotel - this is a perfect investment for your escape from the city whilst utilising the B&B returns on any other weekend.
With the tourist market so vibrant, accommodation is at a premium. This property would suit the expanding requirements of the weekend trade and the most important requirement is the amount of people the property will accommodate. Perfect for two families or large groups, the potential is endless all at an extremely affordable price tag.
Options are aplenty.
Call Mark 0437 289604 for your private inspection!

Property History for 1 Borsa Cres, Hepburn Springs, VIC 3461

A timeline of how this property has performed in the market
Last Transferred
09 Jul 2021
Listed for Rent
$335/w
18 Jul 2016
  • 09 Jul 2021
    Transferred
  • 22 Nov 2018
    Sold for $420,000
  • 01 Nov 2018
    Listed for Sale By Negotiation
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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 15 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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Disclaimer
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.