OFF MARKET

11 Sixth Street
Hepburn Springs VIC 3461

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 793m2
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Property Details for 11 Sixth St, Hepburn Springs

Building Type
Land
Land Size
793m2
Local Government
Hepburn
Lot/Plan
2/PS323540

Last Listing description (July 2023)

Prime Vacant Allotment in The Heart of Hepburn Springs.

This property is being offered for sale together with the 'Savoia Hotel' which is located at 69 Main Road, Hepburn Springs.


The property would suit a new residential development, new home site or alternatively could offer the 'Savoia Hotel' the opportunity to expand (STCA).

Benefiting from a total land area of 793m2 approx. with a frontage of 20.21m approx. to Sixth Street. Including a freestanding shed and fencing to the northern, eastern and southern boundaries.

Hepburn Springs is located 95 kilometres north-west of Melbourne and 3 kilometres north of Daylesford. Hepburn Spring township is situated in the middle of the largest concentration of mineral springs in Australia.

The properties are being auctioned off site on Thursday 27th July at 12pm at the Castran Head Office Level 1, 145 Toorak Rd, South Yarra or online.

To register your interest or to request an Information Memorandum, together with the Contract/Section 32, please contact the agents listed below.

Disclaimer:
All information about the property has been provided to Castran TM Pty Ltd by third parties. Castran TM Pty Ltd has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Property History for 11 Sixth St, Hepburn Springs, VIC 3461

A timeline of how this property has performed in the market
Last Sold
$336,000
27 Jul 2023
  • 27 Jul 2023
    Sold for $336,000
  • 28 Jun 2023
    Listed for Sale Not Disclosed
  • 22 Aug 2021
    Sold for $450,000
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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.

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.