69 Main Road, Hepburn Springs, VIC 3461 | Property Value & History | OnTheHouse
 
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69 Main Road
Hepburn Springs VIC 3461

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Property Details for 69 Main Rd, Hepburn Springs

Building Type
Commercial
Local Government
Hepburn
Lot/Plan
1/PS323540

Last Listing description (October 2023)

SALE - Mortgagee in Possession

Opportunity to Acquire a Historic Regional Landmark.

The 'Savoia Hotel' is being sold by a mortgagee in possession


The hotel has just undergone substantial renovations including an impressive 14-metre-long bar as its main feature plus upgraded dining, sports bar and commercial kitchen. Boasting a total internal area of 792m2 approx. including two self-contained two-bedroom residential units.

The 'Savoia Hotel' has a total land holding of 2354m2 approx.

Unrivalled opportunity to acquire a fully renovated hospitality landmark in the region.

Hepburn Springs is located 95 kilometres northwest of Melbourne and 3 kilometres north of Daylesford. Hepburn Spring township is situated in the middle of the largest concentration of mineral springs in Australia.

To register your interest or to request an Information Memorandum, together with the Contract/Section 32, please contact the agents listed below.

Disclaimer:
All information about the property has been provided to Castran TM Pty Ltd by third parties. Castran TM Pty Ltd has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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Property History for 69 Main Rd, Hepburn Springs, VIC 3461

A timeline of how this property has performed in the market
Last Sold
$2,090,000
03 Oct 2023
  • 19 Oct 2023
    Sold - Price Undisclosed
  • 28 Jun 2023
    Listed for Sale Contact Agent
  • 22 Aug 2021
    Sold - Price Undisclosed
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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 2016 was 329 people. By 2021 the population was 368 showing a population growth of 11.8% 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 managers occupation.In 2021, 75.30% of the homes in Hepburn Springs were owner-occupied compared with 68.90% in 2016.

Hepburn Springs has 456 properties. Over the last 5 years, Houses in Hepburn Springs have seen a 21.50% increase in median value, while Units have seen a 43.31% increase. As at 30 November 2025:

  • The median value for Houses in Hepburn Springs is $790,562 while the median value for Units is $643,979.
  • Houses have a median rent of $563 while Units have a median rent of $333.
There are currently 17 properties listed for sale, and 2 properties listed for rent in Hepburn springs on OnTheHouse. According to Cotality's data, 19 properties were sold in the past 12 months in Hepburn springs.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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