Real Estate Hepburn Springs Vic 3461

Real Estate Market: Is Hepburn Springs VIC 3461 a Good Suburb to Buy Into?

Housing Market in Hepburn Springs

Key Hepburn Springs Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Ballarat	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$455	Bottom 7%	134% to Apr 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Hepburn Springs

Hepburn Springs Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Hepburn Springs

29.5%

Ballarat

34.8%

Compare
Suburbs

Field	Value	VS Ballarat	Trend
Development applications	0	Bottom 38%	Data for Jun 2025
Developments	0.0	Bottom 10%	Data for Jul 2023
Housing Stock Quality Indicator	59.6	Top 11%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	2	Top 34%	50% to Apr 2025

Housing Stock Quality in Hepburn Springs

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Ballarat	Trend
Houses	96.3%	Bottom 30%	0% to Jan 2021
Average bedrooms - all homes	1.8	Bottom 9%	26% to Jan 2021
NBN connection: fibreoptic cable to node	99.7%	Top 1%	Data for Jun 2023

Development Restrictions in Hepburn Springs

Hepburn Springs Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Hepburn Springs

26.1%

Ballarat

29.0%

Compare
Suburbs

Field	Value	VS Ballarat	Trend
Total area	1.4 sq km	Bottom 14%	Data for Jan 2021
Heritage overlay total area	0.2 sq km	Top 26%	Data for Jun 2023
Residential density	3680 sqm per resident	Top 30%	Data for Jan 2021

Risk in Hepburn Springs

Hepburn Springs Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Hepburn Springs

35.5

Ballarat

40.0

Compare
Suburbs

Field	Value	VS Ballarat	Trend
% Owner Occupied	81.3%	Bottom 19%	1% to May 2023
% Rentals	18.7%	Top 19%	8% to May 2023
Housing Affordability Index	37	Top 36%	Data for Jun 2023
Median monthly mortgage	$2,140	Top 38%	22% to May 2023
Rent Affordability Index (Houses)	84	Top 14%	Data for Jun 2023
Rent Affordability Index (Units)	80	Top 21%	Data for Jun 2023
Mortgage as a percent of income	25.9%	Top 30%	9% to Jan 2021
Mortgaged Dwellings	44.0%	Top 35%	14% to May 2023

Housing Demand in Hepburn Springs

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Hepburn Springs

45.0%

Ballarat

54.4%

Compare
Suburbs

Field	Value	VS Ballarat	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	11600	Bottom 47%	17% to Dec 2036
Historical Population (SA3)	31100	Bottom 16%	20% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	16600	Top 45%	16% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium

Unit Market in Hepburn Springs

Hepburn Springs Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Ballarat	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$384	Bottom 13%	150% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	61.9%	Bottom 24%	22% to Mar 2025

LGA Details (1)

Headline	Place	Datetime
Local government area	Hepburn

Median House Rental Prices by Street (2)

Street	Date	Median rent (per week)
Main Rd	24 Apr 2025	$650
Lone Pine Ave	06 Mar 2025	$635

Accommodation Options (26)

Headline	Place	Datetime
65 Main	65 Main Rd
Mooltan House	129 Main Rd
Countryside Connections Retreat - Spa Cottage & Intimate Studio	64 Fourteenth St
Hepburn Springs Motor Inn	105 Main Rd
Hotel Bellinzona	77 Main Rd

Percent of Renters by Street (25)

Percent of Renters	Street
50.0%	Borsa Cr
10.4%	Church Ave
0.0%	Crippa Cl
0.0%	Doctors Gully Rd
50.0%	Eighth St

Turnover Rate by Street (25)

Turnover rate	Street	Turnover Label	Turnover Years	Year
54.5%	Seventh St	quite tightly held	Every 18.3 years (quite tightly held)	2025
137.0%	Forest Ave	very high turnover	Every 7.3 years (very high turnover)	2025
100.0%	Ninth St	high turnover	Every 10.0 years (high turnover)	2025
127.7%	Main Rd	very high turnover	Every 7.8 years (very high turnover)	2025
72.7%	Fifth St	average turnover	Every 13.8 years (average turnover)	2025

Median Unit Sale Prices by Street (100)

Date	Median sale value	Street
31 May 2024	560000.0	Borsa Cr
31 May 2024	1015000.0	First St
31 May 2024	563700.0	Forest Ave
31 May 2024	852100.0	Park Ave
31 May 2024	586400.0	Swiss Mount Ave

Planning Applications: Other (9)

Headline	Place	Date
Variation of Licence - Victorian Commission for Gambling and Liquor Regulation 56351A02	1 Church Avenue, Hepburn Springs 3461, VIC	28 Jun 2021
App.Online - Transfer of licence to Company - Victorian Commission for Gambling and Liquor Regulation 56298A02	9 Lone Pine Avenue, Hepburn Springs 3461, VIC	22 Jun 2021
App.Online - Transfer of licence to Company - Victorian Commission for Gambling and Liquor Regulation 55433A03	78 Main Road, Hepburn Springs 3461, VIC	06 May 2021
App.Online - Transfer of licence to Company - Victorian Commission for Gambling and Liquor Regulation 30355A06	70 Main Road, Hepburn Springs 3461, VIC	30 Apr 2021
Limited Licence - Renewable - Victorian Commission for Gambling and Liquor Regulation 68597A01	10 Forest Avenue, Hepburn Springs 3461, VIC	04 Nov 2020

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
10 Main Rd	Price Withheld	3.0	3.0	3.0	09 Apr 2025	On Market
60 Main Rd	Price Withheld	3.0	2.0	0.0	13 Mar 2025	On Market
2 Park Ave	Price Withheld	3.0	2.0	0.0	25 Jan 2025	On Market
122 Main Rd	$1,090,000	5.0	5.0	6.0	29 Nov 2024	On Market
8 Forest Ave	Price Withheld	5.0	4.0	6.0	29 Nov 2024	On Market

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Main Rd	10 May 2024	$1,050,000
Lone Pine Ave	10 May 2024	$1,020,000
Sixth St	10 May 2024	$665,000
Church Ave	10 May 2024	$682,500
Second St	10 May 2024	$900,000

Businesses (7)

Name	Address
Found. at Hepburn
Bohepi Concreting	Church Ave
Bohepi Concreting	Church Ave
Bohepi Concreting	Church Ave
Bohepi Concreting	Church Ave

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Date
13 Lone Pine Ave	$750	3	2	31 Jan 2025
13 Lone Pine Ave	$750	3	2	31 Jan 2025
13 Lone Pine Ave	$750	3	2	31 Jan 2025
13 Lone Pine Ave	$750	3	2	31 Jan 2025
13 Lone Pine Ave	$750	3	2	31 Jan 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
8 Swiss Mount Ave	Price Withheld	0.0	0.0	0.0	28 Sep 2023	On Market
8 Swiss Mount Ave	Price Withheld	0.0	0.0	0.0	28 Sep 2023	On Market
8 Swiss Mount Ave	Price Withheld				28 Sep 2023	On Market
8 Swiss Mount Ave	Price Withheld	0.0	0.0	0.0	28 Sep 2023	On Market
8 Swiss Mount Ave	Price Withheld				28 Sep 2023	On Market

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 2, 5 Borsa Cr	Price Withheld	2.0	2.0	1.0	15 Aug 2022
Unit 2, 5 Borsa Cr	Price Withheld	2.0	2.0	1.0	15 Aug 2022
Unit 2, 5 Borsa Cr	Price Withheld	2.0	2.0	1.0	15 Aug 2022
Unit 2, 5 Borsa Cr	Price Withheld	2.0	2.0	1.0	15 Aug 2022
Unit 2, 5 Borsa Cr	Price Withheld	2.0	2.0	1.0	15 Aug 2022