8 Forest AvenueHepburn Springs VIC 3461
Property Details for 8 Forest Ave, Hepburn Springs
8 Forest Ave, Hepburn Springs is a 5 bedroom, 4 bathroom House with 6 parking spaces. The property has a land size of 2248m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Last Listing description (November 2024)
Set in the idyllic Hepburn Springs Precinct with the award winning Hepburn Bath House and Natural Water Springs only a short walk away, these three cottages offer an enviable lifestyle. Nestled on approx.2,200sqm, each cottage is unique and the choice is yours to configure- live in one, rent the other two, gather your friends and holiday forever, set up a wonderful multi-generational living enclave or just consider for pure investment realisation.
With 2 x 2 bedroom and 1 x 1 bedroom and 2 studio spaces, these super lovely cottages offer tree and gorgeous garden aspects including apple, pear, plum, fig, peach and quince trees.
Only minutes to Hepburn Springs Village filled with cafes and restaurants, retail and of course the iconic Hepburn General Store and bush walking tracks on your doorstep this property of 3 cottages will inspire.
* Suits a savvy investor or anyone wanting a blend of owner occupier residence (part or full time) with ability to generate income or accommodate extra family|friends. Offering an attractive yield of 5-6% gross annual yield as permanent or short-term rental
COTTAGE 1:
Just charming!
Light filled lounge with French doors to a gardened private courtyard, OFP, reverse cycle split system
Open library/office space/snug/great extra space off the lounge room
Country kitchen with 5 burner gas oven
2 bedrooms, master with mirrored built in robes, high ceilings
2 bathrooms, one with euro laundry
Gas ducted heating
2 entrances
Delightful garden including an entrance arbour
Separate studio space
COTTAGE 2:
Recently renovated!
Two living spaces, one with wood combustion fire and one north facing with French doors on to a full width balcony
Lovely new kitchen with black 90cm gas top and oven, wood combustion stove and island bench, open plan with meals area
2 bedrooms, master with full width robes and French doors to balcony
Inviting new bathroom with shower, toilet and euro laundry
New double privacy blinds
Gas ducted heating
Garden views from every window
Wonderful external space with hops and grape vine covered rustic arbour and Manchurian pears
Rear storage area with 2 spaces, both with power and lighting, one with water
Under house storage
COTTAGE 3:
Artist cottage!
Silver Birch Grove between cottage 2 and 3
Cozy living with OFP, north light
Kitchen with new gas cooktop and oven, timber benches
1 bedroom with BIRs, north facing
Bathroom with combined laundry
Gas ducted heating and reverse cycle split system
Separate studio with power and lights, well set up, currently artist space
Under house storage
Garden surrounds
Property History for 8 Forest Ave, Hepburn Springs, VIC 3461
- 21 Aug 2024Listed for Sale $1,200,000 Three Separate Cottages
- 24 Jan 2024Listed for Rent $420 / week
- 09 Sep 2016Sold for $250,000
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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 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.
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