47 Western Avenue, Mount Franklin, VIC 3461 | Property Value & History | OnTheHouse
OFF MARKET

47 Western Avenue
Mount Franklin VIC 3461

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 113m2
Land area: 9743m2
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Property Details for 47 Western Ave, Mount Franklin

47 Western Ave, Mount Franklin is a 3 bedroom, 1 bathroom House with 6 parking spaces and was built in 1920. The property has a land size of 9743m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
House
Year Built
1920
Floor Size
113m2
Land Size
9743m2
Local Government
Hepburn
Lot/Plan
4C~A/PP2760

Last Listing description (June 2024)

219, 239, 245, 285 Leslie Road Mount Franklin (all blocks selling as one)

Located at the foot of Mt. Franklin, known traditionally as "Lalgambook", this just over 70-acre (29 ha) property offers exciting potential. The region's deep volcanic past is evident in the land's fertile soil, paving the way for an array of agricultural pursuits. Farmers and owners of yesteryear once tended to pigs, cattle, sheep and had stables for horses.

The property's verandah is west facing with views of Mt Franklin and blossom trees, a fitting introduction to the natural beauty that permeates the area. The ambient calls of local kookaburras, sightings of wallabies, and other native wildlife further enrich the experience, creating a sense of connection to the Australian outdoors.

The blank canvas home occupying the site features a sizable 4-bedroom residence in need of restoration. While its current state demands attention, there is some infrastructure in place, including water tanks, a dam, sheds, and available mains electricity that requires updating. If you're imagining a unique renovation, an entirely new construction, or tapping into the growing trend of glamping holidays, the possibilities here are as vast as the land itself.

Beyond the homestead, the vast acreage shines with versatility. Whether it's setting up permaculture gardens, establishing a hobby farm with alpacas and goats, or launching larger-scale farming ventures with sheep and cattle, the sky's the limit. All farming dreams, of course, are to be realised in line with the Hepburn Shire Council's directives.

The property's strategic location amplifies its appeal. Indulgent moments await just minutes away at the Chocolate Mill. For those inclined towards wellness, Hepburn Springs is 3.5im away and offers therapeutic escapes. Daylesford's bustling precinct is within a 10min drive, a hub for fresh produce and local artistry, and the serenity of Glenlyon are both within easy reach. For broader adventures, Castlemaine beckons in 20 minutes, Woodend in 40, and Melbourne's CDB is just a 90-minute drive.

Seize this opportunity to shape your own rural legacy.

Features :

- 4 bed, 1 bath, 6+ cars

- electricity connected

- water pump connected

- approx 70+ acres

- paddocks and fenced perimeter

- multiple sheds

- multiple water tanks

- within 10min drive to Daylesford

Property History for 47 Western Ave, Mount Franklin, VIC 3461

A timeline of how this property has performed in the market
Last Sold
$30,000
14 Feb 2024
  • 14 Feb 2024
    Sold for $30,000
  • 14 Sep 2023
    Listed for Sale Not Disclosed
  • 07 Nov 1998
    Sold for $42,500
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About Mount Franklin 3461

The size of Mount Franklin is approximately 17.2 square kilometres. It has 4 parks covering nearly 2.6% of total area. The population of Mount Franklin in 2016 was 89 people. By 2021 the population was 99 showing a population growth of 11.2% in the area during that time. The predominant age group in Mount Franklin is 50-59 years. Households in Mount Franklin are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Franklin work in a managers occupation.In 2021, 91.40% of the homes in Mount Franklin were owner-occupied compared with 71.90% in 2016.

Mount Franklin has 68 properties. Over the last 5 years, Houses in Mount Franklin have seen a 217.72% increase in median value. As at 30 November 2025:

  • The median value for Houses in Mount Franklin is $956,409 while the median value for Units is $606,769.
There are currently 2 properties listed for sale, and no properties listed for rent in Mount franklin on OnTheHouse. According to Cotality's data, no properties were sold in the past 12 months in Mount franklin.

Suburb Insights for Mount Franklin 3461

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Cotality Copyright and Legal Disclaimers about Property Data
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.