OFF MARKET

14 Forest Avenue
Hepburn Springs VIC 3461

Bedrooms: 4
Bathrooms: 2
Car spaces: 8
Land area: 3176m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 14 Forest Ave, Hepburn Springs

14 Forest Ave, Hepburn Springs is a 4 bedroom, 2 bathroom House with 8 parking spaces. The property has a land size of 3176m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
House
Land Size
3176m2
Local Government
Hepburn
Lot/Plan
1/PS716841

Last Listing description (March 2019)

This Hepburn Springs property is located directly opposite the 'Hepburn Springs Mineral Reserve' and set in the middle of the largest concentration of mineral springs in Australia.

Perfectly situated on more than an acre of land with terraced established gardens, mature deciduous trees, lawn areas and a mineral water spring. All of these combine to create a tranquil and relaxing environment.


The existing building is registered as BCA Class 9B in a Residential Zone:
- maximum capacity of 50 people
- Reception
- 2 toilets with adjoining change rooms
- Expansive open plan central area.
- Salt chlorinated Swim Spa. This has recently been covered with an expansive deck, to use as an alfresco area.
- The building is currently operating as a gallery and micro brewery.

The property also has its own MINERAL WATER SPRING which has a yearly 4 megalitre Commercial Groundwater License to 30 June 2026, with option to renew.

This property could be subdivided or further developed for a number of versatile business opportunities under its BCA Class 9B (STCA).

This positive lifestyle change offers the ultimate mix of business and pleasure in one of the most popular and idyllic tourist destinations - Hepburn Springs and Daylesford. Centrally situated within an hour of Melbourne, Ballarat, Bendigo and Geelong.

Connected to town water, sewerage, natural gas, electricity and NBN.

The property is exceptional value at $223 per m2 and presents strong capital growth to comparable properties in the Hepburn Springs and Daylesford region.

LAND SIZE 4427m2 - BUILDING AREA 23sqs

Call now for an inspection.

The Phone Code for this property is: 57913. Please quote this number when phoning or texting.

Disclaimer:

For Sale By Owner (www.forsalebyowner.com.au) is a national service for home owners who are looking to sell or rent out their own homes without paying any real estate commission. Whilst every care has been taken to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 14 Forest Ave, Hepburn Springs, VIC 3461

A timeline of how this property has performed in the market
Last Sold
$1,100,000
14 Aug 2019
  • 14 Aug 2019
    Sold for $1,100,000
  • 24 Feb 2017
    Listed for Sale $985,000
  • 28 Jun 2016
    Listed for Sale $1,880,000

Commute Calculator

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

Market Insights
Hepburn Springs Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Hepburn Springs Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.