2 Fifth Street, Hepburn Springs$590,000
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2 Fifth Street

Hepburn Springs, VIC 3461, Australia
$590,000
2 bed 1 bath 2 car2205 m²

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About this property

Situated on a peaceful hilltop in central Hepburn Springs (3 mins to Daylesford), this property offers a substantial approx. 2205sqm allotment. The home features a light filled living area with woodfire heater, a country style kitchen with timber benchtops and gas cooking, adjoining dining space, two bedrooms, plus a bathroom and laundry. The beautiful view from the living room and spacious deck looks out towards the forest. At the same time you are just a short walk around the corner to Hepburn Springs shops and cafes. Very comfortable in its current condition, the home can be enjoyed as is, whilst there is scope for future renovation. Potentially this allows buyers to enhance the existing home or consider future development possibilities, which includes the chance to explore subdivision opportunities (STCA). The generous land size and elevated position may present a compelling opportunity for developers, investors, builders or buyers looking to secure a sizeable parcel in a tightly held location. Surrounded by established gardens and mature trees, the property enjoys a private setting with elevated treetop outlooks. An outdoor deck provides a relaxing space to take in the natural surrounds, while a garden shed adds practical storage. The existing cottage provides a practical starting point for those looking to update, renovate or explore the potential of the larger landholding. Property Highlights: Character filled cottage with in a peaceful and private setting Elevated outdoor deck overlooking established gardens and bushland Close to Hepburn Springs village, Mineral Springs Reserve, cafés and walking trails Light filled living area with woodfire heater and country style kitchen Garden shed for additional storage (Unique outdoor table and umbrella, Stihl chainsaw, lawnmower and leave vacuum are offers as optional extras) Renovation, redevelopment or future subdivision potential (STCA) Existing two bedroom cottage offering scope to improve or extend Opportunities to secure land of this size in Hepburn Springs are becoming increasingly rare. This is a chance to obtain a sizeable parcel in a sought after location with the flexibility to renovate, redevelop or create something entirely new (STCA).

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
2
Land Area
2205 m²
Listed
3 months ago

Repayment calculator

$2,860/month
$1,430 /fortnight
Loan $472,000 at 6.10% over 30 years

Upfront costs

Deposit$118,000
Stamp duty$30,470
Conveyancing (est.)$2,000
Total upfront$150,470
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Hepburn Springs

This 2-bedroom house in Hepburn Springs, VIC 3461 sits within reach of public transport, local amenities. It is listed 14% below the $690,000 median of 84 comparable houseswithin 5 km.

What's nearby

  • Fifth St/Hepburn Springs Rd (bus)80 m away

Hepburn Springs at a glance

Full suburb profile
Population
368
Median age
58
Household income
$1,232/wk
Median rent
$341/wk
Median mortgage
$1,387/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Hepburn Springs price trend

Median sold · House 3 bed

Compound growth -4.2% / yr over 4 yrs

$778kcurrent median

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Price history

Listing price changes

2 price changes recorded for this property

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