Hepburn Springs

POSTAL CODE: VIC, 3461
HOUSE

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 11.57% growth over a ten-year period. It ranks 3954th on our list of suburbs that property investors should look into.

HEPBURN SPRINGS, 3461 has a capital gain of -11.24% for the past year, which is lower than average compared to its -0.96% growth within a five-year period.

With the median home price in HEPBURN SPRINGS sitting at $777,500, and the average rent at $550, property owners could potentially earn a 3.68% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in HEPBURN SPRINGS are high, as opposed to average gains per annum over the past five years.

HEPBURN SPRINGS, 3461 in VIC belongs to the local government area of Hepburn.

Surburb overview

Hepburn Springs is a regional locality in central Victoria, approximately 118 kilometres north-west of Melbourne’s CBD and about four kilometres north-west of Daylesford within the Hepburn Shire. The township is recognised as one of Australia’s best-known spa destinations, with a long history centred on natural mineral springs, wellness tourism and heritage architecture. It is located on the traditional lands of the Dja Dja Wurrung people.

According to the 2021 Australian Bureau of Statistics Census, Hepburn Springs had a population of 533 people with a median age of 54 years, reflecting a mature residential community. The suburb comprises a mix of permanent residents, holiday accommodation and tourism-related businesses, with detached houses representing the predominant dwelling type and relatively small household sizes.

Road access is provided via the Midland Highway and local roads connecting Hepburn Springs with Daylesford, Ballarat and Melbourne. Regional bus services link the township with nearby communities, while the closest V/Line rail services operate from Ballarat and Woodend, providing connections to Melbourne. Private vehicles remain the principal mode of transport for residents due to the area's regional location.

Hepburn Springs provides a range of essential services, including cafés, restaurants, accommodation, boutique retail outlets and wellness facilities. Additional shopping, healthcare, education and community services are available in neighbouring Daylesford, while Ballarat offers expanded medical, commercial and tertiary education facilities within a reasonable driving distance.

The locality offers a wide range of recreational opportunities focused on its natural environment and heritage. Residents and visitors have access to Hepburn Mineral Springs Reserve, walking tracks through Hepburn Regional Park, picnic areas and cycling routes. At the same time, nearby attractions include the Hepburn Bathhouse & Spa, local galleries, artisan food producers and seasonal markets. Community events, cultural activities and the surrounding forest landscape contribute to year-round recreational opportunities across the district.

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