Back 2 Fifth Street
Off Market

2 Fifth Street

Hepburn Springs VIC 3461

2
1
2
2205 m²
House
Teagan MonaghanTeagan Monaghan, last sold this property on 26 July 2026 after 268 days on market.

Overview

Hepburn Springs Cottage on Desirable Land with Scenic Views and Redevelopment Options

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).

Features

2 bedrooms
1 bathroom
2 carspaces
2 carport spaces
2205 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Hepburn Springs over the last 12 months, the estimated median property value of 2 Fifth Street is $600k.

Median value
$600k
Estimated value range
$520k - $665k
Median days on market
168
Estimated value trend
46%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Hepburn Springs. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2 Fifth Street

2026
Sold
Undisclosed
26 Jul 2026 by Teagan Monaghan, of BigginScott - Daylesford

Happy sellers in Hepburn Springs

54%
54% of sellers in Hepburn Springs reported that their sale price either exceeded or met their price expectations.

Hepburn Springs stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Hepburn Springs over the last 12 months.

Local market activity for 2 bedroom houses in Hepburn Springs

In the last 12 months, 2 two-bedroom houses similar to 2 Fifth Street, have been sold.

This represents a 50% decrease in two-bedroom houses sales when compared to the previous 12 months.

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