5988 Midland Highway, Mount Franklin, VIC 3461 | Property Value & History | OnTheHouse
OFF MARKET

5988 Midland Highway
Mount Franklin VIC 3461

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 131m2
Land area: 198296m2
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Property Details for 5988 Midland Hwy, Mount Franklin

5988 Midland Hwy, Mount Franklin is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 2008. The property has a land size of 198296m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
2008
Floor Size
131m2
Land Size
198296m2
Local Government
Hepburn
Lot/Plan
2/PS333149

Last Listing description (April 2026)

Some properties offer a home. This one offers a change of pace, a garden full of homegrown produce and the sort of night sky that makes you forget your phone exists. Set on approximately 49 acres, just 10 minutes from Daylesford and around 17 minutes from Castlemaine, this is country living with equal parts practical, picturesque and quietly unforgettable.

The setting is something special. Mature Manchurian pear trees frame the pathways and cast dappled shade across the house, deck and courtyard, while the surrounding landscape unfolds in old gum trees, rolling hills and wide views. It feels peaceful without trying too hard - the kind of place where a cup of tea turns into an hour outdoors.


Inside, the home has warmth, texture and a lovely sense of ease. Northern sunlight moves beautifully through the rooms, honey toned timber floors and handcrafted woodwork adds character and the open plan kitchen and living area brings everyone together without feeling forced. It is a home made for long lunches, muddy boots, good conversations and the occasional overly ambitious preserving project.

The mezzanine main bedroom sits above it all like a private hideaway, complete with a walk in robe, retreat and a leafy outlook across the property. Downstairs, the second bedroom is generous with a bay window that feels made for books, blankets and slow starts.

The bathroom includes a bath, shower and eco-friendly composting toilet - practical, thoughtful and entirely in step with the property's wider approach to living well on the land.

A new split system and wood fire keep things sorted through every season, while the combined laundry and mudroom connect directly to the carport and make country life feel easy.

Then there is the studio - tucked a short stroll from the house and quietly excellent in every way. With a large light filled bedroom, bay window, bathroom and study, it is ideal for some extra income, guests, working from home, creative pursuits or those family members who are best enjoyed with a little healthy distance.

Outside, the property really comes into its own. Extensive gardens, a large poly tunnel and water storage create the foundations for a more self sufficient lifestyle, whether you are growing your own produce, flower farm or keeping things simple. There is room here to expand, experiment and enjoy the satisfaction of a place that gives back.

The history of the land adds another layer entirely. Remnants of an 1880s Welsh homestead and dairy remain, along with sections of old Cornish miners' stone walls - beautiful reminders that this has long been a place of meaning.

There are practical features in all the right places too, including a serious insulated shed for those who tinker, undercover carport for 2 cars, a garden shed, farm equipment storage, multiple water tanks totalling approximately 195,000 litres, a water well, established irrigation systems and plenty of open land for horses, cattle, alpacas or local wallaby.

Details you'll love -
• Around 10 minutes from Daylesford and 17 minutes from Castlemaine
• Character filled 2 bedroom home with open plan living
• Separate studio with bedroom, bathroom and study
• Extensive permaculture gardens and large poly tunnel
• Dam, approx.195,000 litres of rainwater storage and water well
• Poly tunnel, garden shed and farm equipment shed
• 2 car garage and 2 car carport
• Historic remains of an 1880s Welsh homestead and dairy

This is not just a weekender and not just a rural retreat. It is a property for people who want a little more sky, a little less noise and a home with soul, usefulness and room to breathe.

Property History for 5988 Midland Hwy, Mount Franklin, VIC 3461

A timeline of how this property has performed in the market
Last Sold
$950,000
09 Mar 2021
  • 01 Apr 2026
    Listed for Sale $1,075,000 - $1,150,000
  • 17 Sep 2024
    Listed for Sale $1,145,000
  • 09 Mar 2021
    Sold for $950,000
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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 April 2026:

  • The median value for Houses in Mount Franklin is $991,285 while the median value for Units is $896,367.
There are currently 1 property listed for sale, and no properties listed for rent in Mount franklin on OnTheHouse. According to Cotality's data, 1 property were sold in the past 12 months in Mount franklin.

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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.